Amy Hood, Executive Vice President and Chief Financial Officer of Microsoft Corp (NASDAQ:MSFT), sold 38,000 shares of the company on September 5, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 496,369.173 shares of Microsoft Corp.
Microsoft Corp, a global leader in software, services, devices, and solutions, aims to empower every person and every organization on the planet to achieve more. The company’s products include operating systems for computing devices, servers, phones, and other intelligent devices; server applications for distributed computing environments; productivity applications; business solution applications; desktop and server management tools; software development tools; and video games. It also designs and sells hardware including PCs, tablets, gaming and entertainment consoles, and other devices.
Over the past year, Amy Hood has engaged in multiple transactions involving the company’s stock, selling a total of 38,000 shares and purchasing none. This recent sale is part of a broader trend observed within the company, where there have been 11 insider sells and no insider buys over the past year.
On the day of the sale, shares of Microsoft Corp were trading at $410.55, giving the company a market cap of approximately $2,986.67 billion. The price-earnings ratio stood at 34.01, above both the industry median of 25.96 and the company’s historical median.
According to the GF Value, which is an intrinsic value estimate from GuruFocus, Microsoft Corp is considered Fairly Valued with a price-to-GF-Value ratio of 1.01. The GF Value of $407.93 is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for expected business performance.
This insider sale might be of interest to investors tracking insider behaviors as an indicator of the company’s future performance and valuation trends.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
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