Last year, in 2020 MSFT had a strong rally of 43% to record highs for the year.
The earnings released on January 26th show MSFT beat earnings and revenue expectations for the eighth straight quarter as reported on the last earnings report about two weeks ago. Earnings of $2.03 per share easily topped expectations by 39 cents, while revenue of $43.08 billion grew almost 17% year over year and beat estimates by more than $2.8 billion.
Since the release of this earnings report, the stock value has been uncharacteristically quiet and only hovering around the $242 range.
This made me investigate what’s going on and I discovered over 12 Microsoft insider executives were buying up common stocks as recently reported on February 1st with the SEC Form 4 filings. I calculated 1,348,758 common stock shares were bought by Microsoft insider leadership in the last month.
This potentially means MSFT will be releasing some big news in the near future. Potentially even as early as the next couple of weeks and I believe it will be either an M&A, a new technology product, or a large government contract to make all these executives buy common stocks at the all-time high price.
I picked up 500 call options as I’m conservatively estimating their stocks might increase over $250 in the next two weeks.
Another thing to note is ARK Investment Management LLC reported a 30.67% increase in their ownership of MSFT / Microsoft Corp about three months ago. ARK does a lot better investigating potential disruptive technologies so they might have been previewed to some knowledge that helped them decide to increase their position that much.
This is not financial advice and just my opinions. Please do your own DD before making any financial investments. Also please share your thoughts and insights on this as I am also thinking about buying some long-term shares tomorrow depending on what others mention or discovered.
Submitted February 08, 2021 at 11:55PM by BASEbelt https://ift.tt/3tNLeQf
