Bearish Options Activity on Microsoft Corporation After Worse Fundamentals

 Bearish Options Activity on Microsoft Corporation After Worse Fundamentals

In today’s session Microsoft Corporation (MSFT) recorded an unusually high (17,471) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious MSFT decrease. With 17,471 contracts traded and 156094 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: MSFT161216P00055000 closed last at: $0.54 or 17.4% up. About 5.29M shares traded hands. Microsoft Corporation (NASDAQ:MSFT) has risen 7.61% since April 5, 2016 and is uptrending. It has outperformed by 5.65% the S&P500.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Out of 23 analysts covering Microsoft Corporation (NASDAQ:MSFT), 19 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 83% are positive. $70 is the highest target while $20 is the lowest. The $58.87 average target is -2.18% below today’s ($60.18) stock price. Microsoft Corporation has been the topic of 64 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Friday, December 18 by Goldman Sachs. The company was maintained on Friday, October 23 by Stifel Nicolaus. The rating was upgraded by Raymond James on Monday, November 30 to “Strong Buy”. The firm earned “Hold” rating on Friday, August 21 by Vetr. The firm has “Outperform” rating given on Friday, October 21 by William Blair. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Neutral” rating by Bank of America on Thursday, October 1. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, October 23 by UBS. The firm earned “Underperform” rating on Friday, January 29 by Jefferies. As per Thursday, August 13, the company rating was upgraded by Stifel Nicolaus. BMO Capital Markets initiated the stock with “Outperform” rating in Friday, January 8 report.

According to Zacks Investment Research, “Microsoft is a technology company. Their products include operating systems for computing devices, servers, phones, and other intelligent devices; server applications for distributed computing environments; cross-device productivity applications; business solution applications; desktop and server management tools; software development tools; video games; and online advertising. They also design and sell hardware including PCs, tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories. They offer cloud-based solutions that provide customers with software, services, platforms, and content. They also provide consulting and product and solution support services, and they train and certify computer system integrators and developers.”

Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.07, from 1.06 in 2016Q1. The ratio worsened, 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.
Barrington Strategic Wealth Mngmt Grp Ltd has 50,071 shares for 1.47% of their US portfolio. Rs Inv Ltd Llc holds 0.99% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 1.88M shares. Culbertson A N owns 124,806 shares or 2.36% of their US portfolio. Koshinski Asset accumulated 18,299 shares or 0% of the stock. Salem Investment Counselors holds 2.72% or 442,752 shares in its portfolio. Teachers Insur And Annuity Association Of America has 209,400 shares for 0.47% of their US portfolio. Capital Fund Mgmt holds 1.16% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 2.41M shares. Stephens Ar has 0.67% invested in the company for 293,071 shares. Kj Harrison reported 54,031 shares or 1.48% of all its holdings. Verus Prtnrs accumulated 0.15% or 6,303 shares. First Republic Inv Mgmt holds 1.31% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 2.64M shares. Partner Inv Management L P accumulated 17,341 shares or 1.45% of the stock. M&T National Bank & Trust has invested 0.84% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Trust Company Of Toledo Na Oh accumulated 128,572 shares or 1.89% of the stock. Woodmont Counsel Ltd Company accumulated 77,468 shares or 1.19% of the stock.

Insider Transactions: Since May 18, 2016, the stock had 0 buys, and 12 sales for $1.96 billion net activity. Another trade for 2.50 million shares valued at $139.85 million was made by GATES WILLIAM H III on Thursday, July 21. BROD FRANK H also sold $302,625 worth of Microsoft Corporation (NASDAQ:MSFT) on Thursday, October 27. Shares for $6.94M were sold by Hood Amy on Monday, August 8. 5,337 shares with value of $271,587 were sold by Capossela Christopher C on Friday, May 20. Shares for $8.29 million were sold by Nadella Satya on Wednesday, August 10. The insider Morfit G Mason sold $1.01B.

Microsoft Corporation is a technology company. The company has a market cap of $465.01 billion. The Firm develops, licenses and supports a range of software products, services and devices. It has a 28.78 P/E ratio. The Company’s divisions are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.

MSFT Company Profile

Microsoft Corporation, incorporated on September 22, 1993, is a technology company. The Firm develops, licenses and supports a range of software products, services and devices. The Company’s divisions are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers. The Firm also designs, makes and sells devices, including personal computers (PCs), tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories, which integrate with its cloud offerings. The Firm offers an array of services, including cloud solutions that provide clients with software, services, platforms, and content, and the Company provides solution support and consulting services. The Firm also delivers relevant online advertising to a global audience. As of June 30, 2016, the Company operated in 190 countries throughout the world.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Fool.com which released: “Microsoft Corporation Launches Its “Slack Killer”” on November 02, 2016, also Learnbonds.com with their article: “Microsoft Corporation (MSTF) Surface Phone Will be ‘Laptop-Class’: Leaks” published on November 07, 2016, Investorplace.com published: “3 Reasons Why Microsoft Corporation (MSFT) Stock Is a Must-Have” on November 02, 2016. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Fool.com and their article: “Microsoft Corporation Continues to Crush It With Office 365” published on October 25, 2016 as well as Fool.com‘s news article titled: “NVIDIA Corporation Scores the Microsoft Surface Studio, Surface Book i7” with publication date: October 29, 2016.

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