Jefferies Reaffirms Their Sell Rating on Microsoft Corp

By Ryan Adsit

In a report issued on July 14, John Difucci from Jefferies reiterated a Sell rating on Microsoft Corp (NASDAQ: MSFT), with a price target of $45. The company’s shares closed on Friday at $72.78, close to its 52-week high of $73.27.

According to TipRanks.com, Difucci is a top 100 analyst with an average return of 17.4% and a 74.6% success rate. Difucci covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, CommVault Systems, and AVG Technologies.

Microsoft Corp has an analyst consensus of Strong Buy, with a price target consensus of $75.

Based on Microsoft Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $21.92 billion and quarterly net profit of $4.8 billion. In comparison, last year the company earned revenue of $20.61 billion and had a net profit of $3.12 billion.

Based on the recent corporate insider activity of 90 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2017, Mason Morfit, a Director at MSFT sold 7,000,000 shares for a total of $481,950,000.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.