Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Microsoft Corporation shares valued at $1,118,530 were sold by Numoto Takeshi on Dec 09 ’24. At $447.41 per share, Numoto Takeshi sold 2,500 shares. The insider’s holdings dropped to 49,352 shares worth approximately $22.02 million following the completion of this transaction.
Also, Numoto Takeshi sold 2,000 shares, netting a total of over 874,634 in proceeds. Following the sale of shares at $437.32 each, the insider now holds 51,852 shares.
Before that, Numoto Takeshi had sold 2,500 shares from its account. In a trade valued at $1,077,182, the EVP, Chief Marketing Officer traded Microsoft Corporation shares for $430.87 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $24.03 million.
As published in their initiating research note from Cantor Fitzgerald on January 17, 2025, Microsoft Corporation [MSFT] has been an Overweight and the price target has been revised to $509. Analysts at Piper Sandler resumed the stock at ‘”an Overweight”‘ outlook in a report released in early January. As of October 31, 2024, BMO Capital Markets has reiterated its “an Outperform” rating for MSFT. Earlier on October 10, 2024, Goldman resumed its rating. Their recommendation was “a Buy” for MSFT stock.
Analyzing MSFT Stock Performance
During the last five days, there has been a surge of approximately 7.34%. Over the course of the year, Microsoft Corporation shares have jumped approximately 5.86%. Shares of the company reached a 52-week high of $447.27 on 01/22/25 and a 52-week low of $410.72 on 01/14/25. A 50-day SMA is recorded $429.58, while a 200-day SMA reached $425.32. Nevertheless, trading volume fell to 26.81 million shares from 26.09 million shares the previous day.
Support And Resistance Levels for Microsoft Corporation (MSFT)
According to the 24-hour chart, there is a support level at 439.04, which, if violated, would cause prices to drop to 431.89. In the upper region, resistance lies at 450.31. The next price resistance is at 454.43. RSI (Relative Strength Index) is 63.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 9.96, which suggests the price will increase in the coming days. Percent R is at 2.93%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
