Microsoft Corporation’s filing revealed that its EVP, Chief Marketing Officer Numoto Takeshi unloaded Company’s shares for reported $1.12 million on Dec 09 ’24. In the deal valued at $447.41 per share,2,500 shares were sold. As a result of this transaction, Numoto Takeshi now holds 49,352 shares worth roughly $20.84 million.
Then, Numoto Takeshi sold 2,000 shares, generating $874,634 in total proceeds. Upon selling the shares at $437.32, the EVP, Chief Marketing Officer now owns 51,852 shares.
Before that, Numoto Takeshi sold 2,500 shares. Microsoft Corporation shares valued at $1,077,182 were divested by the EVP, Chief Marketing Officer at a price of $430.87 per share. As a result of the transaction, Numoto Takeshi now holds 53,852 shares, worth roughly $22.75 million.
Piper Sandler reiterated its Microsoft Corporation [MSFT] rating to an Overweight in a research note published on January 06, 2025; the price target was $520. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in late October has reiterated a ‘”an Outperform”‘ rating for it. Goldman also remained covering MSFT and reiterated its “Buy” recommendation on October 10, 2024. Oppenheimer revised its rating on October 08, 2024. It rated MSFT as “a Perform” which previously was an “an Outperform”.
Price Performance Review of MSFT
On Tuesday, Microsoft Corporation [NASDAQ:MSFT] saw its stock fall -1.28% to $422.37. Over the last five days, the stock has lost -0.58%. Microsoft Corporation shares have risen nearly 0.21% since the year began. Nevertheless, the stocks have risen 14.85% over the past one year. While a 52-week high of $468.35 was reached on 01/06/25, a 52-week low of $369.01 was recorded on 01/02/25. SMA at 50 days reached $428.48, while 200 days put it at $425.16.
Levels Of Support And Resistance For MSFT Stock
The 24-hour chart illustrates a support level at 418.56, which if violated will result in even more drops to 414.76. On the upside, there is a resistance level at 428.41. A further resistance level may holdings at 434.46. The Relative Strength Index (RSI) on the 14-day chart is 41.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.40%. Stochastics %K at 23.92% indicates the stock is a holding.
How much short interest is there in Microsoft Corporation?
A steep rise in short interest was recorded in Microsoft Corporation stocks on 2024-12-13, growing by 4.21 million shares to a total of 60.22 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 56.02 million shares. There was a rise of 6.98%, which implies that there is a positive sentiment for the stock.
