While Microsoft Corporation (NASDAQ:MSFT) isn’t particularly known for their large library of smartphone and tablet applications, a new app from the company called ‘Microsoft Selfie’ is bound to be a hit according to tech blogs and teens alike. The app, which is currently available on Apple’s iOS operating system, utilizes the front facing camera of an iPhone or iPad to take a selfie and then make you look slightly better than you do in real life. That’s at least what Microsoft Corporation (NASDAQ:MSFT) claims.
“The app takes age, gender, skin tone, lighting, and many other variables into account, applies different models automatically and finishes enhancement with just a single click,” explains Microsoft. “Users can transform average photos into more presentable portraits in seconds. Key features of this application are noise reduction, intelligent enhancement, automatic exposure and color theme.”
While this app may not make or break Microsoft Corporation (NASDAQ:MSFT) as a company, it will continue to send users a message that Microsoft is relevant, and is slowly transforming into a more modern and popular tech giant. At least they hope.. The stock is up 0.23% or $0.13 following the news, hitting $56.68 per share. About 10.56M shares traded hands. MSFT has risen 18.78% since May 27, 2015 and is uptrending. It has outperformed the S&P500 by 20.90%.
From a total of 16 analysts covering Microsoft Corporation (NASDAQ:MSFT) stock, 12 rate it a “Buy”, 1 a “Sell”, and 3 a “Hold”. This means that 75% of the ratings are positive. The highest target price is $65 while the lowest target price is $20. The mean of all analyst targets is $52.86 which is -6.74% below today’s ($56.68) stock price. Microsoft Corporation was the topic of 32 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs upgraded shares on December 18 to a “Neutral” rating. Vetr upgraded shares to a”Strong-Buy” rating and a $47.60 target share price in their report from a September 2. Raymond James upgraded MSFT stock in a recent report from November 30 to a “Strong Buy” rating. Global Equities Research maintained the rating on August 28. Global Equities Research has a “Overweight” rating and a $50 price target on shares. Finally, Piper Jaffray maintained the stock with a “Overweight” rating in a report they issued on a November 10.
The institutional sentiment increased to 1.08 in Q2 2015. It’s up 0.32, from 0.76 in 2015Q2. The ratio improved, as 69 funds sold all their Microsoft Corporation shares they owned while 801 reduced their positions. 93 funds bought stakes while 843 increased their total positions. Institutions now own 5.20 billion shares which is 8.27% less than the previous share count of 5.67 billion in 2015Q2.
Cook & Bynum Capital Management Llc holds 25.5% of its total portfolio in Microsoft Corporation, equating to 717,081 shares. Rwwm Inc. owns 895,414 shares representing 19.69% of their total US portfolio. Moreover, Valueact Holdings L.P. has 19.37% of their total portfolio invested in the company, equating to 75.27 million shares. The California-based Smithwood Advisers L.P. has a total of 17.28% of their portfolio invested in the stock. Deccan Value Investors L.P., a Connecticut-based fund reported 2.26 million shares owned.
Since April 28, 2015, the stock had 0 buys, and 4 selling transactions for a total of $370.34 million in net activity. Gates William H Iii sold 4.00 million shares worth $185.75M. Turner Brian Kevin sold 69,158 shares worth $3.16 million. Capossela Christopher C sold 4,485 shares worth $218,464. Brod Frank H sold 4,500 shares worth $215,294.
Microsoft Corporation is engaged in developing, licensing and supporting a range of software services and products. The company has a market cap of $451.64 billion. The Firm also creates and sells hardware, and delivers online advertising to the customers. It has 38.08 P/E ratio. The Firm operates in five divisions: Devices and Consumer Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other.