Microsoft EVP, CFO Amy Hood sells $3.98m in MSFT stock
Microsoft EVP, CFO Amy Hood sells $3.98m in MSFT stock
Amy Hood, Executive Vice President and Chief Financial Officer of Microsoft Corp (NASDAQ:MSFT), sold 7,305 shares of the company’s common stock on October 13, 2026. The transactions totaled approximately $3,984,302, with shares sold at prices ranging from $544.8001 to $546.5084.
The sales were executed in multiple trades, with prices for individual blocks of shares ranging from $544.28 to $546.61. These transactions were carried out pursuant to a Rule 10b5-1 trading plan, which was adopted on June 10, 2026. The sale comes as Microsoft stock trades near its 52-week high of $553.72, following a strong 36% return over the past six months. Following these reported transactions, Hood directly beneficially owns 555,396.427 shares of Microsoft common stock. According to InvestingPro analysis, Microsoft currently appears undervalued based on its Fair Value assessment. For deeper insights into Microsoft’s valuation and performance metrics, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities on InvestingPro.
In other recent news, Microsoft has been the focus of several analyst updates. Melius upgraded Microsoft’s stock rating to Buy from Hold, setting a new price target of $665, driven by increased enterprise demand for AI security and governance solutions. The firm also raised its earnings estimates for the company, projecting fiscal 2027 and 2028 earnings to increase by 2% and 4%, respectively, with a new fiscal 2029 estimate of $30.77 per share, approximately 7% above consensus. Meanwhile, Yorkville Ives initiated coverage on Microsoft with an outperform rating and a price target of $615, emphasizing the company’s strong position in monetizing enterprise AI. Additionally, Citizens reiterated a Market Outperform rating with a $550 price target following Microsoft’s recent event in San Francisco. In other industry developments, Universal Quantum, a British startup, secured $100 million in Series A funding to advance its quantum computer development. The funding round was co-led by DCVC and Firgun Ventures, with notable contributions from investors like Singapore’s EDBI and Roblox Corp. CEO David Baszucki.