It Seems Microsoft Corporation Will Go Down. Had Bearish Options Activity

 It Seems Microsoft Corporation Will Go Down. Had Bearish Options Activity

In today’s session Microsoft Corporation (MSFT) recorded an unusually high (867) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the April, 2017 put, expecting serious MSFT decrease. With 867 contracts traded and 26314 open interest for the Apr, 17 contract, it seems this is a quite bearish bet. The option with symbol: MSFT170421P00057500 closed last at: $3.95 or 6% down. About 20.06 million shares traded hands. Microsoft Corporation (NASDAQ:MSFT) has risen 9.21% since March 1, 2016 and is uptrending. It has underperformed by 0.04% the S&P500.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 27. They expect $0.68 earnings per share, up 1.49% or $0.01 from last year’s $0.67 per share. MSFT’s profit will be $5.28 billion for 21.05 P/E if the $0.68 EPS becomes a reality. After $0.69 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -1.45% negative EPS growth.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Out of 23 analysts covering Microsoft Corporation (NASDAQ:MSFT), 17 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 74% are positive. $66 is the highest target while $20 is the lowest. The $56.66 average target is -1.03% below today’s ($57.25) stock price. Microsoft Corporation has been the topic of 59 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The company was initiated on Friday, January 8 by BMO Capital Markets. As per Monday, November 23, the company rating was maintained by UBS. The rating was maintained by Oppenheimer on Friday, August 7 with “Buy”. The firm has “Buy” rating by Nomura given on Tuesday, April 19. On Wednesday, July 20 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Strong-Buy” rating given on Thursday, August 27 by Vetr. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Neutral” rating given on Tuesday, April 26 by Macquarie Research. Global Equities Research maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, August 28 with “Overweight” rating. The company was upgraded on Tuesday, May 24 by Cowen & Co. Goldman Sachs upgraded Microsoft Corporation (NASDAQ:MSFT) on Friday, December 18 to “Neutral” rating.

Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.07, from 1.06 in 2016Q1. The ratio dived, as 100 funds sold all Microsoft Corporation shares owned while 841 reduced positions. 97 funds bought stakes while 836 increased positions. They now own 5.44 billion shares or 3.78% less from 5.66 billion shares in 2016Q1.
Boothbay Fund Mgmt Llc accumulated 7,057 shares or 0.17% of the stock. Northern Tru Corp, a Illinois-based fund reported 94.37 million shares. Fundsmith Limited Liability Partnership reported 8.84 million shares or 7.43% of all its holdings. Wills Financial Group Inc last reported 40,274 shares in the company. Pggm Invs holds 0.82% or 3.14 million shares in its portfolio. Grt Capital Limited Liability holds 0.16% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 12,878 shares. Eqis Cap Mngmt has 37,138 shares for 0.13% of their US portfolio. Pictet Asset Limited owns 5.44M shares or 1.13% of their US portfolio. Cibc World Mkts has 632,066 shares for 0.14% of their US portfolio. Goldman Sachs Gru last reported 0.44% of its portfolio in the stock. Caisse De Depot Et Placement Du Quebec holds 13.87 million shares or 1.82% of its portfolio. Atlantic Trust Limited Liability Company last reported 1.72% of its portfolio in the stock. Amer Ins Communications Tx has 2.02% invested in the company for 672,491 shares. Blackrock Limited Liability Com, a Delaware-based fund reported 26.31M shares. Sfe Investment Counsel accumulated 19,245 shares or 0.46% of the stock.

Insider Transactions: Since April 26, 2016, the stock had 0 insider purchases, and 10 insider sales for $1.74 billion net activity. 2.50 million shares were sold by GATES WILLIAM H III, worth $139.85M. 6,000 shares were sold by Capossela Christopher C, worth $301,830 on Wednesday, May 18. $359,686 worth of Microsoft Corporation (NASDAQ:MSFT) was sold by BROD FRANK H on Tuesday, April 26. 17,500 shares with value of $875,768 were sold by Hogan Kathleen T on Thursday, May 5. The insider Morfit G Mason sold $1.01B. 143,000 shares were sold by Nadella Satya, worth $8.29M. 120,000 shares were sold by Hood Amy, worth $6.94M on Monday, August 8.

Microsoft Corporation is a technology company. The company has a market cap of $444.65 billion. The Firm develops, licenses and supports a range of software products, services and devices. It has a 27.23 P/E ratio. The Company’s divisions are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.

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