Traders sold shares of Microsoft Corp. (NASDAQ:MSFT) on strength during trading on Thursday. $183.66 million flowed into the stock on the tick-up and $483.45 million flowed out of the stock on the tick-down, for a money net flow of $299.79 million out of the stock. Of all stocks tracked, Microsoft Corp. had the 0th highest net out-flow for the day. Microsoft Corp. traded up $0.02 for the day and closed at $56.21

MSFT has been the subject of a number of research reports. Sanford C. Bernstein set a $68.00 price target on shares of Microsoft Corp. and gave the stock a “buy” rating in a research report on Friday, July 15th. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $62.00 price target on shares of Microsoft Corp. in a research report on Friday, July 22nd. Argus reaffirmed a “hold” rating on shares of Microsoft Corp. in a research report on Monday, July 25th. Canaccord Genuity reaffirmed a “hold” rating and set a $55.00 price target on shares of Microsoft Corp. in a research report on Wednesday, June 15th. Finally, Independent Research GmbH set a $50.00 price target on shares of Microsoft Corp. and gave the stock a “sell” rating in a research report on Thursday, July 21st. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twenty-one have issued a buy rating to the stock. Microsoft Corp. currently has a consensus rating of “Buy” and an average target price of $58.88.

The stock has a 50 day moving average price of $52.49 and a 200-day moving average price of $52.41. The company has a market capitalization of $442.56 billion and a P/E ratio of 26.99.

Microsoft Corp. (NASDAQ:MSFT) last issued its quarterly earnings results on Tuesday, July 19th. The software giant reported $0.69 EPS for the quarter, topping the consensus estimate of $0.58 by $0.11. The business had revenue of $22.60 billion for the quarter, compared to analyst estimates of $22.15 billion. During the same quarter in the prior year, the firm earned $0.60 EPS. Analysts expect that Microsoft Corp. will post $2.89 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Tuesday, August 16th.

In related news, CMO Christopher C. Capossela sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, May 19th. The shares were sold at an average price of $50.31, for a total transaction of $301,860.00. Following the completion of the transaction, the chief marketing officer now owns 278,549 shares in the company, valued at $14,013,800.19. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 17,500 shares of the business’s stock in a transaction that occurred on Thursday, May 5th. The shares were sold at an average price of $50.04, for a total transaction of $875,700.00. Following the transaction, the executive vice president now owns 181,146 shares of the company’s stock, valued at approximately $9,064,545.84. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have recently modified their holdings of the company. Tiedemann Wealth Management LLC boosted its position in shares of Microsoft Corp. by 8.4% in the fourth quarter. Tiedemann Wealth Management LLC now owns 18,711 shares of the software giant’s stock worth $1,038,000 after buying an additional 1,451 shares in the last quarter. Thompson Davis & CO. Inc. boosted its position in shares of Microsoft Corp. by 1.3% in the fourth quarter. Thompson Davis & CO. Inc. now owns 20,358 shares of the software giant’s stock worth $1,129,000 after buying an additional 259 shares in the last quarter. Security National Bank of SO Dak boosted its position in shares of Microsoft Corp. by 6.2% in the fourth quarter. Security National Bank of SO Dak now owns 20,879 shares of the software giant’s stock worth $1,158,000 after buying an additional 1,225 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Microsoft Corp. by 1.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 20,901 shares of the software giant’s stock worth $1,159,000 after buying an additional 264 shares in the last quarter. Finally, Bourgeon Capital Management LLC boosted its position in shares of Microsoft Corp. by 0.8% in the fourth quarter. Bourgeon Capital Management LLC now owns 24,010 shares of the software giant’s stock worth $1,332,000 after buying an additional 200 shares in the last quarter.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services. The Company also designs and sells hardware, and delivers online advertising to the customers. The Company operates in five segments: Devices and Consumer (D&C) Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.