Rep. Richard McCormick Purchases Shares of Microsoft Corporation (NASDAQ:MSFT)

Representative Richard McCormick (Republican-Georgia) recently bought shares of Microsoft Corporation (NASDAQ:MSFT). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Microsoft stock on March 19th. The trade occurred in the Representative’s “GROWTH PARTNERS ROTH IRA” account.

Representative Richard McCormick also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Automatic Data Processing (NASDAQ:ADP) on 3/19/2026.
• Sold $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 3/19/2026.
• Purchased $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 3/19/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 3/19/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/19/2026.
• Sold $1,001 – $15,000 in shares of Automatic Data Processing (NASDAQ:ADP) on 3/19/2026.
• Purchased $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 3/19/2026.
• Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 3/19/2026.
• Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 3/19/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 3/19/2026.

Microsoft Stock Up 0.5%

NASDAQ MSFT opened at $374.33 on Thursday. The firm has a market cap of $2.78 trillion, a PE ratio of 23.41, a price-to-earnings-growth ratio of 1.42 and a beta of 1.11. Microsoft Corporation has a one year low of $353.10 and a one year high of $555.45. The stock’s 50 day simple moving average is $394.50 and its 200 day simple moving average is $459.69. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.39 and a quick ratio of 1.38.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 28th. The software giant reported $4.14 EPS for the quarter, topping analysts’ consensus estimates of $3.86 by $0.28. The business had revenue of $81.27 billion for the quarter, compared to analyst estimates of $80.28 billion. Microsoft had a return on equity of 32.34% and a net margin of 39.04%.Microsoft’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the prior year, the company earned $3.23 EPS. As a group, sell-side analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Thursday, May 21st. Microsoft’s dividend payout ratio is currently 22.76%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MSFT. Norges Bank bought a new position in Microsoft in the 4th quarter valued at $50,664,631,000. Auto Owners Insurance Co boosted its position in Microsoft by 56,160.8% in the 4th quarter. Auto Owners Insurance Co now owns 60,116,384 shares of the software giant’s stock valued at $29,073,486,000 after buying an additional 60,009,531 shares during the last quarter. Nuveen LLC bought a new position in shares of Microsoft in the 1st quarter worth $18,733,827,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Microsoft by 500.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 59,543,261 shares of the software giant’s stock worth $30,840,432,000 after purchasing an additional 49,618,571 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its position in shares of Microsoft by 49,640.3% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 29,967,038 shares of the software giant’s stock worth $14,905,904,000 after purchasing an additional 29,906,791 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Microsoft

In other news, EVP Kathleen T. Hogan sold 12,321 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $409.52, for a total value of $5,045,695.92. Following the transaction, the executive vice president directly owned 137,933 shares in the company, valued at $56,486,322.16. This trade represents a 8.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John W. Stanton purchased 5,000 shares of Microsoft stock in a transaction dated Wednesday, February 18th. The stock was bought at an average price of $397.35 per share, for a total transaction of $1,986,750.00. Following the completion of the transaction, the director directly owned 83,905 shares in the company, valued at $33,339,651.75. The trade was a 6.34% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.03% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on MSFT. JPMorgan Chase & Co. decreased their price target on Microsoft from $575.00 to $550.00 and set an “overweight” rating on the stock in a research report on Thursday, January 29th. Bank of America began coverage on Microsoft in a research report on Tuesday, March 24th. They set a “buy” rating and a $500.00 price target on the stock. Phillip Securities upgraded Microsoft from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, February 1st. Robert W. Baird set a $540.00 price target on Microsoft and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Finally, BMO Capital Markets decreased their price target on Microsoft from $625.00 to $575.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $588.97.

Key Headlines Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Wall Street analyst support and bullish research are drawing buyers — major firms (including Goldman and other brokers) are highlighting MSFT as a rebound candidate and publishing price targets well above current levels, which helps underpin today’s rally. Goldman sees rebound for Microsoft
• Positive Sentiment: Product and partnership catalysts: Microsoft’s Agent 365 platform is moving to GA with launch partners (supporting enterprise governance for AI agents), and the company is expanding commercial AI tie-ups — tangible signs of enterprise monetization for Copilot/agent products. Reply selected as Microsoft Agent 365 launch partner
• Positive Sentiment: Consumer/PR boost from gaming: fresh details on Forza Horizon 6 and other Xbox updates have driven short‑term positive momentum for MSFT shares tied to Xbox/Xbox Game Pass engagement. Forza Horizon 6 details lift MSFT stock
• Neutral Sentiment: Earnings schedule set — Microsoft will report FY2026 Q3 after the close on April 29; the date focuses attention on Azure growth, backlog metrics and free‑cash‑flow cadence at month‑end. Quarterly earnings release date announced
• Neutral Sentiment: Partner/partner‑ecosystem wins (Azure specializations, platform connectors) keep enterprise pipeline healthy but are incremental to revenue near term. Centrilogic earns Azure specialization
• Negative Sentiment: Executive turnover: another senior departure and the planned retirement of longtime exec Julia Liuson raise governance and continuity questions for developer tools and platform strategy; exits can sap sentiment until leadership transitions settle. Julia Liuson to retire Another senior departure at Microsoft
• Negative Sentiment: AI capex and Copilot adoption concerns continue to weigh: investors remain worried about rising infrastructure spend, slower-than-expected Copilot monetization and whether those costs will compress near‑term margins. That narrative has driven much of the stock’s recent re‑rating. Why MSFT stock has been shredded
• Negative Sentiment: Security and legal noise: reports of a developer account lock affecting VeraCrypt updates and an amended lawsuit filing referencing Microsoft add episodic risk that can amplify short‑term volatility. VeraCrypt account termination / Windows update disruption reports

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.

Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

About Microsoft

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).