Why Is Everyone Talking About Microsoft Stock?

Motley Fool2021-11-30

Microsoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. According to the F-4 filing, Nadella sold 838,584 ...

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Sydney1
2021-11-30
Sydney1
Wow, what a CEO👍
Stchua
2021-11-30
Stchua
[Smile]
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According to the F-4 filing, Nadella sold 838,584 ...\n\n<a href=\"https://www.fool.com/investing/2021/11/29/why-is-everyone-talking-about-microsoft-stock/\">网页链接</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Everyone Talking About Microsoft Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Everyone Talking About Microsoft Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-30 14:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/29/why-is-everyone-talking-about-microsoft-stock/>Motley Fool</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nMicrosoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. According to the F-4 filing, Nadella sold 838,584 ...\n\n<a href=\"https://www.fool.com/investing/2021/11/29/why-is-everyone-talking-about-microsoft-stock/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSFT","symbol_name":"微软","start_time":0,"source_url":"https://www.fool.com/investing/2021/11/29/why-is-everyone-talking-about-microsoft-stock/","article_id":"1169817625","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169817625","pubTimestamp":1638254511,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"Microsoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSFT":"微软"},"translate_title":"为什么大家都在谈论微软股票？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSFT":0.9},"content_text":"Microsoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. According to the F-4 filing, Nadella sold 838,584 shares between $334.37 and $349.22, which reduced his total holdings to 830,791 shares.\nShould investors be concerned about that massive sale? Let's look back at Nadella's accomplishments, his compensation, and prior stock sales to decide.\nHow Nadella turned Microsoft into a growth stock again\nWhen Nadella took over as Microsoft's third CEO in 2014, the tech giant was in serious trouble. New cloud-based services were disrupting its desktop-based software, its Windows users were stubbornly sticking with older versions of the OS, and it had lost the mobile market toApple and Alphabet's Google.\nHowever, Nadellaturned things around by aggressively expanding the company's cloud services, reinventing Windows as a cloud-based service, and abandoning Windows Phone to launch new mobile apps for iOS and Android instead.\nMicrosoft's cloud business became its core growth engine, and the company's revenue surged from $86.8 billion in fiscal 2014 to $168.1 billion in fiscal 2021, which ended this June, as its earnings per share more than tripled.\nThat growth spurt catapulted Microsoft's market cap from about $300 billion on Nadella's first day to nearly $2.5 trillion today. Therefore, Nadella certainly deserves to sell some of his shares after that historic rally.\nDoes Nadella's sale indicate Microsoft's growth is peaking?\nSatya Nadella's total compensation rose 13% to $49.9 million in fiscal 2021. That total included a $2.5 million base salary, $33 million in stock awards, and $14.2 million in non-equity incentives.\nTherefore, Nadella's latest sale represents several years of cumulative stock bonuses. The transactions also represent Nadella's only non-automatic direct sales over the past two years.\nMicrosoft's CFO Amy Hood also sold 60,000 shares (11% of her holdings at the time) for an average price of $303.08 in a direct transaction on Sept. 1. That represented Hood's first direct sale since last September.\nThose insider sales don't necessarily indicate Microsoft is in trouble. Executives sell their shares all the time for personal reasons that aren't related to a company's near-term and long-term prospects. For example, Microsoft's co-founder and first CEO Bill Gates sold most of his shares before leaving the board in early 2020 -- but the stock continued to rise.\nMicrosoft's stock has nearly tripled over the past three years, and it rallied more than 50% in the past 12 months alone. Analysts expect its revenue and earnings to grow 17% and 14%, respectively, this year, but the stock certainly isn't cheap at 36 times forward earnings.\nThat higher multiple -- along with macroeconomic headwinds like inflation, supply chain constraints, and a new COVID-19 variant -- might have convinced Nadella, Hood, and Microsoft's other insiders to sell some of their shares. However, Nadella's holdings will rise again this year as he nets more stock bonuses.\nRemember the difference between insiders and investors\nGenerally speaking, it's more useful for investors to follow insider trades in struggling companies -- where insiders might be making rosy promises about a turnaround while dumping their own shares -- than successful ones.\nMicrosoft is one of the successful ones, and Nadella's big sale doesn't indicate that its long-term prospects have shifted. As an outside investor, you also won't be eligible to receive any new shares like Nadella, who can afford to repeatedly sell his shares because they're just a big part of his salary.\nTherefore, it doesn't make any sense to sell your stock just because the CEO sold half of his current position. Instead, investors should pay attention to Microsoft's cloud growth and the expansion of its ecosystem instead of fretting over Satya Nadella's well-deserved payday.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":609140866,"gmtCreate":1638256934590,"gmtModify":1638257251959,"author":{"id":"4095064899384030","authorId":"4095064899384030","name":"Sydney1","avatar":"https://static.tigerbbs.com/8e1b09b0e83ffac7d9336038c06b6a91","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"4095064899384030","authorIdStr":"4095064899384030"},"htmlText":"Wow, what a CEO👍","listText":"Wow, what a CEO👍","text":"Wow, what a CEO👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609140866","repostId":1169817625,"repostType":4,"repost":{"id":"1169817625","kind":"news","pubTimestamp":1638254511,"share":"https://www.laohu8.com/m/news/1169817625?lang=zh_CN&edition=full","pubTime":"2021-11-30 14:41","market":"us","language":"en","title":"Why Is Everyone Talking About Microsoft Stock?<blockquote>为什么每个人都在谈论微软股票？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169817625","media":"Motley Fool","summary":"Microsoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his","content":"Microsoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. According to the F-4 filing, Nadella sold 838,584 shares between $334.37 and $349.22, which reduced his total holdings to 830,791 shares.<blockquote>微软（纳斯达克：MSFT）最近成为热门话题，此前首席执行官Satya Nadella在11月22日至23日以约2.85亿美元的价格出售了超过一半的股份。根据F-4文件，纳德拉在334.37美元至349.22美元之间出售了838,584股，这使他的总持股量降至830,791股。</blockquote> Should investors be concerned about that massive sale? Let's look back at Nadella's accomplishments, his compensation, and prior stock sales to decide.<blockquote>投资者应该担心大规模抛售吗？让我们回顾一下纳德拉的成就、他的薪酬以及之前的股票销售情况来决定。</blockquote> How Nadella turned Microsoft into a growth stock again<blockquote>纳德拉如何将微软再次变成成长型股票</blockquote> When Nadella took over as Microsoft's third CEO in 2014, the tech giant was in serious trouble. New&nbsp;cloud-based&nbsp;services were disrupting its desktop-based software, its Windows users were stubbornly sticking with older versions of the OS, and it had lost the mobile market toApple&nbsp;and&nbsp;Alphabet's&nbsp;Google.<blockquote>当纳德拉于2014年接任微软第三任首席执行官时，这家科技巨头陷入了严重的麻烦。新的基于云的服务正在颠覆其基于桌面的软件，其Windows用户顽固地坚持使用旧版本的操作系统，它已经将移动市场输给了苹果和Alphabet是谷歌。</blockquote> However, Nadellaturned things around&nbsp;by aggressively expanding the company's cloud services, reinventing Windows as a cloud-based service, and abandoning Windows Phone to launch new mobile apps for iOS and Android instead.<blockquote>然而，纳德拉通过积极扩展公司的云服务，将Windows重塑为基于云的服务，并放弃Windows Phone，转而为iOS和Android推出新的移动应用程序，扭转了局面。</blockquote> Microsoft's cloud business became its core growth engine, and the company's revenue surged from $86.8 billion in fiscal 2014 to $168.1 billion in fiscal 2021, which ended this June, as its earnings per share more than tripled.<blockquote>微软的云业务成为其核心增长引擎，该公司的收入从2014财年的868亿美元飙升至今年6月结束的2021财年的1681亿美元，每股收益增长了两倍多。</blockquote> That growth spurt catapulted Microsoft's market cap from about $300 billion on Nadella's first day to nearly $2.5 trillion today. Therefore, Nadella certainly deserves to sell some of his shares after that historic rally.<blockquote>这种井喷式增长使微软的市值从纳德拉上任第一天的约3000亿美元飙升至今天的近2.5万亿美元。因此，纳德拉当然应该在那次历史性反弹之后出售部分股票。</blockquote> Does Nadella's sale indicate Microsoft's growth is peaking?<blockquote>纳德拉的出售是否表明微软的增长正在见顶？</blockquote> Satya Nadella's total compensation rose 13% to $49.9 million in fiscal 2021. That total included a $2.5 million base salary, $33 million in stock awards, and $14.2 million in non-equity incentives.<blockquote>2021财年，萨蒂亚·纳德拉的总薪酬增长了13%，达到4990万美元。其中包括250万美元的基本工资、3300万美元的股票奖励和1420万美元的非股权激励。</blockquote> Therefore, Nadella's latest sale represents several years of cumulative stock bonuses. The transactions also represent Nadella's only non-automatic direct sales over the past two years.<blockquote>因此，纳德拉的最新出售代表了几年的累积股票奖金。这些交易也是纳德拉在过去两年中唯一的非自动直销。</blockquote> Microsoft's CFO Amy Hood also sold 60,000 shares (11% of her holdings at the time) for an average price of $303.08 in a direct transaction on Sept. 1. That represented Hood's first direct sale since last September.<blockquote>微软首席财务官Amy Hood也在9月1日的直接交易中以平均价格303.08美元出售了6万股股票（占她当时持股的11%）。这是胡德自去年九月以来的首次直销。</blockquote> Those insider sales don't necessarily indicate Microsoft is in trouble. Executives sell their shares all the time for personal reasons that aren't related to a company's near-term and long-term prospects. For example, Microsoft's co-founder and first CEO Bill Gates sold most of his shares before leaving the board in early 2020 -- but the stock continued to rise.<blockquote>这些内幕交易并不一定表明微软陷入困境。高管们总是出于与公司近期和长期前景无关的个人原因出售股票。例如，微软联合创始人兼首任首席执行官比尔·盖茨在2020年初离开董事会之前出售了大部分股份，但股价仍在继续上涨。</blockquote> Microsoft's stock has nearly tripled over the past three years, and it rallied more than 50% in the past 12 months alone. Analysts expect its revenue and earnings to grow 17% and 14%, respectively, this year, but the stock certainly isn't cheap at 36 times forward earnings.<blockquote>微软的股价在过去三年里上涨了近两倍，仅在过去12个月里就上涨了50%以上。分析师预计其今年的收入和盈利将分别增长17%和14%，但该股的预期市盈率为36倍，当然并不便宜。</blockquote> That higher multiple -- along with macroeconomic headwinds like inflation, supply chain constraints, and a new COVID-19 variant -- might have convinced Nadella, Hood, and Microsoft's other insiders to sell some of their shares. However, Nadella's holdings will rise again this year as he nets more stock bonuses.<blockquote>更高的市盈率，加上通货膨胀、供应链限制和新的COVID-19变种等宏观经济不利因素，可能会说服纳德拉、胡德和微软的其他内部人士出售部分股票。然而，随着纳德拉获得更多股票奖金，他的持股今年将再次增加。</blockquote> Remember the difference between insiders and investors<blockquote>记住内部人士和投资者之间的区别</blockquote> Generally speaking, it's more useful for investors to follow insider trades in struggling companies -- where insiders might be making rosy promises about a turnaround while dumping their own shares -- than successful ones.<blockquote>一般来说，对于投资者来说，关注陷入困境的公司的内幕交易比关注成功的公司更有用——内部人士可能会在抛售自己的股票的同时做出扭亏为盈的乐观承诺。</blockquote> Microsoft is one of the successful ones, and Nadella's big sale doesn't indicate that its long-term prospects have shifted. As an outside investor, you also won't be eligible to receive any new shares like Nadella, who can afford to repeatedly sell his shares because they're just a big part of his salary.<blockquote>微软是成功的公司之一，纳德拉的大额出售并不表明其长期前景发生了变化。作为外部投资者，你也没有资格像纳德拉那样获得任何新股，纳德拉有能力反复出售他的股票，因为它们只是他工资的很大一部分。</blockquote> Therefore, it doesn't make any sense to sell your stock just because the CEO sold half of his current position. Instead, investors should pay attention to Microsoft's cloud growth and the expansion of its ecosystem instead of fretting over Satya Nadella's well-deserved payday.<blockquote>因此，仅仅因为首席执行官卖掉了他当前头寸的一半就卖掉你的股票是没有任何意义的。相反，投资者应该关注微软的云增长及其生态系统的扩张，而不是担心Satya Nadella当之无愧的发薪日。</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Everyone Talking About Microsoft Stock?<blockquote>为什么每个人都在谈论微软股票？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Everyone Talking About Microsoft Stock?<blockquote>为什么每个人都在谈论微软股票？</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-11-30 14:41\n\n</h4>\n</header>\n<article>\nMicrosoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. According to the F-4 filing, Nadella sold 838,584 shares between $334.37 and $349.22, which reduced his total holdings to 830,791 shares.<blockquote>微软（纳斯达克：MSFT）最近成为热门话题，此前首席执行官Satya Nadella在11月22日至23日以约2.85亿美元的价格出售了超过一半的股份。根据F-4文件，纳德拉在334.37美元至349.22美元之间出售了838,584股，这使他的总持股量降至830,791股。</blockquote> Should investors be concerned about that massive sale? Let's look back at Nadella's accomplishments, his compensation, and prior stock sales to decide.<blockquote>投资者应该担心大规模抛售吗？让我们回顾一下纳德拉的成就、他的薪酬以及之前的股票销售情况来决定。</blockquote> How Nadella turned Microsoft into a growth stock again<blockquote>纳德拉如何将微软再次变成成长型股票</blockquote> When Nadella took over as Microsoft's third CEO in 2014, the tech giant was in serious trouble. New&nbsp;cloud-based&nbsp;services were disrupting its desktop-based software, its Windows users were stubbornly sticking with older versions of the OS, and it had lost the mobile market toApple&nbsp;and&nbsp;Alphabet's&nbsp;Google.<blockquote>当纳德拉于2014年接任微软第三任首席执行官时，这家科技巨头陷入了严重的麻烦。新的基于云的服务正在颠覆其基于桌面的软件，其Windows用户顽固地坚持使用旧版本的操作系统，它已经将移动市场输给了苹果和Alphabet是谷歌。</blockquote> However, Nadellaturned things around&nbsp;by aggressively expanding the company's cloud services, reinventing Windows as a cloud-based service, and abandoning Windows Phone to launch new mobile apps for iOS and Android instead.<blockquote>然而，纳德拉通过积极扩展公司的云服务，将Windows重塑为基于云的服务，并放弃Windows Phone，转而为iOS和Android推出新的移动应用程序，扭转了局面。</blockquote> Microsoft's cloud business became its core growth engine, and the company's revenue surged from $86.8 billion in fiscal 2014 to $168.1 billion in fiscal 2021, which ended this June, as its earnings per share more than tripled.<blockquote>微软的云业务成为其核心增长引擎，该公司的收入从2014财年的868亿美元飙升至今年6月结束的2021财年的1681亿美元，每股收益增长了两倍多。</blockquote> That growth spurt catapulted Microsoft's market cap from about $300 billion on Nadella's first day to nearly $2.5 trillion today. Therefore, Nadella certainly deserves to sell some of his shares after that historic rally.<blockquote>这种井喷式增长使微软的市值从纳德拉上任第一天的约3000亿美元飙升至今天的近2.5万亿美元。因此，纳德拉当然应该在那次历史性反弹之后出售部分股票。</blockquote> Does Nadella's sale indicate Microsoft's growth is peaking?<blockquote>纳德拉的出售是否表明微软的增长正在见顶？</blockquote> Satya Nadella's total compensation rose 13% to $49.9 million in fiscal 2021. That total included a $2.5 million base salary, $33 million in stock awards, and $14.2 million in non-equity incentives.<blockquote>2021财年，萨蒂亚·纳德拉的总薪酬增长了13%，达到4990万美元。其中包括250万美元的基本工资、3300万美元的股票奖励和1420万美元的非股权激励。</blockquote> Therefore, Nadella's latest sale represents several years of cumulative stock bonuses. The transactions also represent Nadella's only non-automatic direct sales over the past two years.<blockquote>因此，纳德拉的最新出售代表了几年的累积股票奖金。这些交易也是纳德拉在过去两年中唯一的非自动直销。</blockquote> Microsoft's CFO Amy Hood also sold 60,000 shares (11% of her holdings at the time) for an average price of $303.08 in a direct transaction on Sept. 1. That represented Hood's first direct sale since last September.<blockquote>微软首席财务官Amy Hood也在9月1日的直接交易中以平均价格303.08美元出售了6万股股票（占她当时持股的11%）。这是胡德自去年九月以来的首次直销。</blockquote> Those insider sales don't necessarily indicate Microsoft is in trouble. Executives sell their shares all the time for personal reasons that aren't related to a company's near-term and long-term prospects. For example, Microsoft's co-founder and first CEO Bill Gates sold most of his shares before leaving the board in early 2020 -- but the stock continued to rise.<blockquote>这些内幕交易并不一定表明微软陷入困境。高管们总是出于与公司近期和长期前景无关的个人原因出售股票。例如，微软联合创始人兼首任首席执行官比尔·盖茨在2020年初离开董事会之前出售了大部分股份，但股价仍在继续上涨。</blockquote> Microsoft's stock has nearly tripled over the past three years, and it rallied more than 50% in the past 12 months alone. Analysts expect its revenue and earnings to grow 17% and 14%, respectively, this year, but the stock certainly isn't cheap at 36 times forward earnings.<blockquote>微软的股价在过去三年里上涨了近两倍，仅在过去12个月里就上涨了50%以上。分析师预计其今年的收入和盈利将分别增长17%和14%，但该股的预期市盈率为36倍，当然并不便宜。</blockquote> That higher multiple -- along with macroeconomic headwinds like inflation, supply chain constraints, and a new COVID-19 variant -- might have convinced Nadella, Hood, and Microsoft's other insiders to sell some of their shares. However, Nadella's holdings will rise again this year as he nets more stock bonuses.<blockquote>更高的市盈率，加上通货膨胀、供应链限制和新的COVID-19变种等宏观经济不利因素，可能会说服纳德拉、胡德和微软的其他内部人士出售部分股票。然而，随着纳德拉获得更多股票奖金，他的持股今年将再次增加。</blockquote> Remember the difference between insiders and investors<blockquote>记住内部人士和投资者之间的区别</blockquote> Generally speaking, it's more useful for investors to follow insider trades in struggling companies -- where insiders might be making rosy promises about a turnaround while dumping their own shares -- than successful ones.<blockquote>一般来说，对于投资者来说，关注陷入困境的公司的内幕交易比关注成功的公司更有用——内部人士可能会在抛售自己的股票的同时做出扭亏为盈的乐观承诺。</blockquote> Microsoft is one of the successful ones, and Nadella's big sale doesn't indicate that its long-term prospects have shifted. As an outside investor, you also won't be eligible to receive any new shares like Nadella, who can afford to repeatedly sell his shares because they're just a big part of his salary.<blockquote>微软是成功的公司之一，纳德拉的大额出售并不表明其长期前景发生了变化。作为外部投资者，你也没有资格像纳德拉那样获得任何新股，纳德拉有能力反复出售他的股票，因为它们只是他工资的很大一部分。</blockquote> Therefore, it doesn't make any sense to sell your stock just because the CEO sold half of his current position. Instead, investors should pay attention to Microsoft's cloud growth and the expansion of its ecosystem instead of fretting over Satya Nadella's well-deserved payday.<blockquote>因此，仅仅因为首席执行官卖掉了他当前头寸的一半就卖掉你的股票是没有任何意义的。相反，投资者应该关注微软的云增长及其生态系统的扩张，而不是担心Satya Nadella当之无愧的发薪日。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/11/29/why-is-everyone-talking-about-microsoft-stock/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.fool.com/investing/2021/11/29/why-is-everyone-talking-about-microsoft-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169817625","content_text":"Microsoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. According to the F-4 filing, Nadella sold 838,584 shares between $334.37 and $349.22, which reduced his total holdings to 830,791 shares.\nShould investors be concerned about that massive sale? Let's look back at Nadella's accomplishments, his compensation, and prior stock sales to decide.\nHow Nadella turned Microsoft into a growth stock again\nWhen Nadella took over as Microsoft's third CEO in 2014, the tech giant was in serious trouble. New cloud-based services were disrupting its desktop-based software, its Windows users were stubbornly sticking with older versions of the OS, and it had lost the mobile market toApple and Alphabet's Google.\nHowever, Nadellaturned things around by aggressively expanding the company's cloud services, reinventing Windows as a cloud-based service, and abandoning Windows Phone to launch new mobile apps for iOS and Android instead.\nMicrosoft's cloud business became its core growth engine, and the company's revenue surged from $86.8 billion in fiscal 2014 to $168.1 billion in fiscal 2021, which ended this June, as its earnings per share more than tripled.\nThat growth spurt catapulted Microsoft's market cap from about $300 billion on Nadella's first day to nearly $2.5 trillion today. Therefore, Nadella certainly deserves to sell some of his shares after that historic rally.\nDoes Nadella's sale indicate Microsoft's growth is peaking?\nSatya Nadella's total compensation rose 13% to $49.9 million in fiscal 2021. That total included a $2.5 million base salary, $33 million in stock awards, and $14.2 million in non-equity incentives.\nTherefore, Nadella's latest sale represents several years of cumulative stock bonuses. The transactions also represent Nadella's only non-automatic direct sales over the past two years.\nMicrosoft's CFO Amy Hood also sold 60,000 shares (11% of her holdings at the time) for an average price of $303.08 in a direct transaction on Sept. 1. That represented Hood's first direct sale since last September.\nThose insider sales don't necessarily indicate Microsoft is in trouble. Executives sell their shares all the time for personal reasons that aren't related to a company's near-term and long-term prospects. For example, Microsoft's co-founder and first CEO Bill Gates sold most of his shares before leaving the board in early 2020 -- but the stock continued to rise.\nMicrosoft's stock has nearly tripled over the past three years, and it rallied more than 50% in the past 12 months alone. Analysts expect its revenue and earnings to grow 17% and 14%, respectively, this year, but the stock certainly isn't cheap at 36 times forward earnings.\nThat higher multiple -- along with macroeconomic headwinds like inflation, supply chain constraints, and a new COVID-19 variant -- might have convinced Nadella, Hood, and Microsoft's other insiders to sell some of their shares. However, Nadella's holdings will rise again this year as he nets more stock bonuses.\nRemember the difference between insiders and investors\nGenerally speaking, it's more useful for investors to follow insider trades in struggling companies -- where insiders might be making rosy promises about a turnaround while dumping their own shares -- than successful ones.\nMicrosoft is one of the successful ones, and Nadella's big sale doesn't indicate that its long-term prospects have shifted. As an outside investor, you also won't be eligible to receive any new shares like Nadella, who can afford to repeatedly sell his shares because they're just a big part of his salary.\nTherefore, it doesn't make any sense to sell your stock just because the CEO sold half of his current position. Instead, investors should pay attention to Microsoft's cloud growth and the expansion of its ecosystem instead of fretting over Satya Nadella's well-deserved payday.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":609124157,"gmtCreate":1638255056136,"gmtModify":1638255056296,"author":{"id":"3586774718687945","authorId":"3586774718687945","name":"Stchua","avatar":"https://static.tigerbbs.com/9c6da38be819096178bf3d64e02165e0","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3586774718687945","authorIdStr":"3586774718687945"},"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/609124157","repostId":1169817625,"repostType":4,"repost":{"id":"1169817625","kind":"news","pubTimestamp":1638254511,"share":"https://www.laohu8.com/m/news/1169817625?lang=zh_CN&edition=full","pubTime":"2021-11-30 14:41","market":"us","language":"en","title":"Why Is Everyone Talking About Microsoft Stock?<blockquote>为什么每个人都在谈论微软股票？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169817625","media":"Motley Fool","summary":"Microsoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his","content":"Microsoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. According to the F-4 filing, Nadella sold 838,584 shares between $334.37 and $349.22, which reduced his total holdings to 830,791 shares.<blockquote>微软（纳斯达克：MSFT）最近成为热门话题，此前首席执行官Satya Nadella在11月22日至23日以约2.85亿美元的价格出售了超过一半的股份。根据F-4文件，纳德拉在334.37美元至349.22美元之间出售了838,584股，这使他的总持股量降至830,791股。</blockquote> Should investors be concerned about that massive sale? Let's look back at Nadella's accomplishments, his compensation, and prior stock sales to decide.<blockquote>投资者应该担心大规模抛售吗？让我们回顾一下纳德拉的成就、他的薪酬以及之前的股票销售情况来决定。</blockquote> How Nadella turned Microsoft into a growth stock again<blockquote>纳德拉如何将微软再次变成成长型股票</blockquote> When Nadella took over as Microsoft's third CEO in 2014, the tech giant was in serious trouble. New&nbsp;cloud-based&nbsp;services were disrupting its desktop-based software, its Windows users were stubbornly sticking with older versions of the OS, and it had lost the mobile market toApple&nbsp;and&nbsp;Alphabet's&nbsp;Google.<blockquote>当纳德拉于2014年接任微软第三任首席执行官时，这家科技巨头陷入了严重的麻烦。新的基于云的服务正在颠覆其基于桌面的软件，其Windows用户顽固地坚持使用旧版本的操作系统，它已经将移动市场输给了苹果和Alphabet是谷歌。</blockquote> However, Nadellaturned things around&nbsp;by aggressively expanding the company's cloud services, reinventing Windows as a cloud-based service, and abandoning Windows Phone to launch new mobile apps for iOS and Android instead.<blockquote>然而，纳德拉通过积极扩展公司的云服务，将Windows重塑为基于云的服务，并放弃Windows Phone，转而为iOS和Android推出新的移动应用程序，扭转了局面。</blockquote> Microsoft's cloud business became its core growth engine, and the company's revenue surged from $86.8 billion in fiscal 2014 to $168.1 billion in fiscal 2021, which ended this June, as its earnings per share more than tripled.<blockquote>微软的云业务成为其核心增长引擎，该公司的收入从2014财年的868亿美元飙升至今年6月结束的2021财年的1681亿美元，每股收益增长了两倍多。</blockquote> That growth spurt catapulted Microsoft's market cap from about $300 billion on Nadella's first day to nearly $2.5 trillion today. Therefore, Nadella certainly deserves to sell some of his shares after that historic rally.<blockquote>这种井喷式增长使微软的市值从纳德拉上任第一天的约3000亿美元飙升至今天的近2.5万亿美元。因此，纳德拉当然应该在那次历史性反弹之后出售部分股票。</blockquote> Does Nadella's sale indicate Microsoft's growth is peaking?<blockquote>纳德拉的出售是否表明微软的增长正在见顶？</blockquote> Satya Nadella's total compensation rose 13% to $49.9 million in fiscal 2021. That total included a $2.5 million base salary, $33 million in stock awards, and $14.2 million in non-equity incentives.<blockquote>2021财年，萨蒂亚·纳德拉的总薪酬增长了13%，达到4990万美元。其中包括250万美元的基本工资、3300万美元的股票奖励和1420万美元的非股权激励。</blockquote> Therefore, Nadella's latest sale represents several years of cumulative stock bonuses. The transactions also represent Nadella's only non-automatic direct sales over the past two years.<blockquote>因此，纳德拉的最新出售代表了几年的累积股票奖金。这些交易也是纳德拉在过去两年中唯一的非自动直销。</blockquote> Microsoft's CFO Amy Hood also sold 60,000 shares (11% of her holdings at the time) for an average price of $303.08 in a direct transaction on Sept. 1. That represented Hood's first direct sale since last September.<blockquote>微软首席财务官Amy Hood也在9月1日的直接交易中以平均价格303.08美元出售了6万股股票（占她当时持股的11%）。这是胡德自去年九月以来的首次直销。</blockquote> Those insider sales don't necessarily indicate Microsoft is in trouble. Executives sell their shares all the time for personal reasons that aren't related to a company's near-term and long-term prospects. For example, Microsoft's co-founder and first CEO Bill Gates sold most of his shares before leaving the board in early 2020 -- but the stock continued to rise.<blockquote>这些内幕交易并不一定表明微软陷入困境。高管们总是出于与公司近期和长期前景无关的个人原因出售股票。例如，微软联合创始人兼首任首席执行官比尔·盖茨在2020年初离开董事会之前出售了大部分股份，但股价仍在继续上涨。</blockquote> Microsoft's stock has nearly tripled over the past three years, and it rallied more than 50% in the past 12 months alone. Analysts expect its revenue and earnings to grow 17% and 14%, respectively, this year, but the stock certainly isn't cheap at 36 times forward earnings.<blockquote>微软的股价在过去三年里上涨了近两倍，仅在过去12个月里就上涨了50%以上。分析师预计其今年的收入和盈利将分别增长17%和14%，但该股的预期市盈率为36倍，当然并不便宜。</blockquote> That higher multiple -- along with macroeconomic headwinds like inflation, supply chain constraints, and a new COVID-19 variant -- might have convinced Nadella, Hood, and Microsoft's other insiders to sell some of their shares. However, Nadella's holdings will rise again this year as he nets more stock bonuses.<blockquote>更高的市盈率，加上通货膨胀、供应链限制和新的COVID-19变种等宏观经济不利因素，可能会说服纳德拉、胡德和微软的其他内部人士出售部分股票。然而，随着纳德拉获得更多股票奖金，他的持股今年将再次增加。</blockquote> Remember the difference between insiders and investors<blockquote>记住内部人士和投资者之间的区别</blockquote> Generally speaking, it's more useful for investors to follow insider trades in struggling companies -- where insiders might be making rosy promises about a turnaround while dumping their own shares -- than successful ones.<blockquote>一般来说，对于投资者来说，关注陷入困境的公司的内幕交易比关注成功的公司更有用——内部人士可能会在抛售自己的股票的同时做出扭亏为盈的乐观承诺。</blockquote> Microsoft is one of the successful ones, and Nadella's big sale doesn't indicate that its long-term prospects have shifted. As an outside investor, you also won't be eligible to receive any new shares like Nadella, who can afford to repeatedly sell his shares because they're just a big part of his salary.<blockquote>微软是成功的公司之一，纳德拉的大额出售并不表明其长期前景发生了变化。作为外部投资者，你也没有资格像纳德拉那样获得任何新股，纳德拉有能力反复出售他的股票，因为它们只是他工资的很大一部分。</blockquote> Therefore, it doesn't make any sense to sell your stock just because the CEO sold half of his current position. Instead, investors should pay attention to Microsoft's cloud growth and the expansion of its ecosystem instead of fretting over Satya Nadella's well-deserved payday.<blockquote>因此，仅仅因为首席执行官卖掉了他当前头寸的一半就卖掉你的股票是没有任何意义的。相反，投资者应该关注微软的云增长及其生态系统的扩张，而不是担心Satya Nadella当之无愧的发薪日。</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Everyone Talking About Microsoft Stock?<blockquote>为什么每个人都在谈论微软股票？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Everyone Talking About Microsoft Stock?<blockquote>为什么每个人都在谈论微软股票？</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-11-30 14:41\n\n</h4>\n</header>\n<article>\nMicrosoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. According to the F-4 filing, Nadella sold 838,584 shares between $334.37 and $349.22, which reduced his total holdings to 830,791 shares.<blockquote>微软（纳斯达克：MSFT）最近成为热门话题，此前首席执行官Satya Nadella在11月22日至23日以约2.85亿美元的价格出售了超过一半的股份。根据F-4文件，纳德拉在334.37美元至349.22美元之间出售了838,584股，这使他的总持股量降至830,791股。</blockquote> Should investors be concerned about that massive sale? Let's look back at Nadella's accomplishments, his compensation, and prior stock sales to decide.<blockquote>投资者应该担心大规模抛售吗？让我们回顾一下纳德拉的成就、他的薪酬以及之前的股票销售情况来决定。</blockquote> How Nadella turned Microsoft into a growth stock again<blockquote>纳德拉如何将微软再次变成成长型股票</blockquote> When Nadella took over as Microsoft's third CEO in 2014, the tech giant was in serious trouble. New&nbsp;cloud-based&nbsp;services were disrupting its desktop-based software, its Windows users were stubbornly sticking with older versions of the OS, and it had lost the mobile market toApple&nbsp;and&nbsp;Alphabet's&nbsp;Google.<blockquote>当纳德拉于2014年接任微软第三任首席执行官时，这家科技巨头陷入了严重的麻烦。新的基于云的服务正在颠覆其基于桌面的软件，其Windows用户顽固地坚持使用旧版本的操作系统，它已经将移动市场输给了苹果和Alphabet是谷歌。</blockquote> However, Nadellaturned things around&nbsp;by aggressively expanding the company's cloud services, reinventing Windows as a cloud-based service, and abandoning Windows Phone to launch new mobile apps for iOS and Android instead.<blockquote>然而，纳德拉通过积极扩展公司的云服务，将Windows重塑为基于云的服务，并放弃Windows Phone，转而为iOS和Android推出新的移动应用程序，扭转了局面。</blockquote> Microsoft's cloud business became its core growth engine, and the company's revenue surged from $86.8 billion in fiscal 2014 to $168.1 billion in fiscal 2021, which ended this June, as its earnings per share more than tripled.<blockquote>微软的云业务成为其核心增长引擎，该公司的收入从2014财年的868亿美元飙升至今年6月结束的2021财年的1681亿美元，每股收益增长了两倍多。</blockquote> That growth spurt catapulted Microsoft's market cap from about $300 billion on Nadella's first day to nearly $2.5 trillion today. Therefore, Nadella certainly deserves to sell some of his shares after that historic rally.<blockquote>这种井喷式增长使微软的市值从纳德拉上任第一天的约3000亿美元飙升至今天的近2.5万亿美元。因此，纳德拉当然应该在那次历史性反弹之后出售部分股票。</blockquote> Does Nadella's sale indicate Microsoft's growth is peaking?<blockquote>纳德拉的出售是否表明微软的增长正在见顶？</blockquote> Satya Nadella's total compensation rose 13% to $49.9 million in fiscal 2021. That total included a $2.5 million base salary, $33 million in stock awards, and $14.2 million in non-equity incentives.<blockquote>2021财年，萨蒂亚·纳德拉的总薪酬增长了13%，达到4990万美元。其中包括250万美元的基本工资、3300万美元的股票奖励和1420万美元的非股权激励。</blockquote> Therefore, Nadella's latest sale represents several years of cumulative stock bonuses. The transactions also represent Nadella's only non-automatic direct sales over the past two years.<blockquote>因此，纳德拉的最新出售代表了几年的累积股票奖金。这些交易也是纳德拉在过去两年中唯一的非自动直销。</blockquote> Microsoft's CFO Amy Hood also sold 60,000 shares (11% of her holdings at the time) for an average price of $303.08 in a direct transaction on Sept. 1. That represented Hood's first direct sale since last September.<blockquote>微软首席财务官Amy Hood也在9月1日的直接交易中以平均价格303.08美元出售了6万股股票（占她当时持股的11%）。这是胡德自去年九月以来的首次直销。</blockquote> Those insider sales don't necessarily indicate Microsoft is in trouble. Executives sell their shares all the time for personal reasons that aren't related to a company's near-term and long-term prospects. For example, Microsoft's co-founder and first CEO Bill Gates sold most of his shares before leaving the board in early 2020 -- but the stock continued to rise.<blockquote>这些内幕交易并不一定表明微软陷入困境。高管们总是出于与公司近期和长期前景无关的个人原因出售股票。例如，微软联合创始人兼首任首席执行官比尔·盖茨在2020年初离开董事会之前出售了大部分股份，但股价仍在继续上涨。</blockquote> Microsoft's stock has nearly tripled over the past three years, and it rallied more than 50% in the past 12 months alone. Analysts expect its revenue and earnings to grow 17% and 14%, respectively, this year, but the stock certainly isn't cheap at 36 times forward earnings.<blockquote>微软的股价在过去三年里上涨了近两倍，仅在过去12个月里就上涨了50%以上。分析师预计其今年的收入和盈利将分别增长17%和14%，但该股的预期市盈率为36倍，当然并不便宜。</blockquote> That higher multiple -- along with macroeconomic headwinds like inflation, supply chain constraints, and a new COVID-19 variant -- might have convinced Nadella, Hood, and Microsoft's other insiders to sell some of their shares. However, Nadella's holdings will rise again this year as he nets more stock bonuses.<blockquote>更高的市盈率，加上通货膨胀、供应链限制和新的COVID-19变种等宏观经济不利因素，可能会说服纳德拉、胡德和微软的其他内部人士出售部分股票。然而，随着纳德拉获得更多股票奖金，他的持股今年将再次增加。</blockquote> Remember the difference between insiders and investors<blockquote>记住内部人士和投资者之间的区别</blockquote> Generally speaking, it's more useful for investors to follow insider trades in struggling companies -- where insiders might be making rosy promises about a turnaround while dumping their own shares -- than successful ones.<blockquote>一般来说，对于投资者来说，关注陷入困境的公司的内幕交易比关注成功的公司更有用——内部人士可能会在抛售自己的股票的同时做出扭亏为盈的乐观承诺。</blockquote> Microsoft is one of the successful ones, and Nadella's big sale doesn't indicate that its long-term prospects have shifted. As an outside investor, you also won't be eligible to receive any new shares like Nadella, who can afford to repeatedly sell his shares because they're just a big part of his salary.<blockquote>微软是成功的公司之一，纳德拉的大额出售并不表明其长期前景发生了变化。作为外部投资者，你也没有资格像纳德拉那样获得任何新股，纳德拉有能力反复出售他的股票，因为它们只是他工资的很大一部分。</blockquote> Therefore, it doesn't make any sense to sell your stock just because the CEO sold half of his current position. Instead, investors should pay attention to Microsoft's cloud growth and the expansion of its ecosystem instead of fretting over Satya Nadella's well-deserved payday.<blockquote>因此，仅仅因为首席执行官卖掉了他当前头寸的一半就卖掉你的股票是没有任何意义的。相反，投资者应该关注微软的云增长及其生态系统的扩张，而不是担心Satya Nadella当之无愧的发薪日。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/11/29/why-is-everyone-talking-about-microsoft-stock/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.fool.com/investing/2021/11/29/why-is-everyone-talking-about-microsoft-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169817625","content_text":"Microsoft(NASDAQ:MSFT)recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. According to the F-4 filing, Nadella sold 838,584 shares between $334.37 and $349.22, which reduced his total holdings to 830,791 shares.\nShould investors be concerned about that massive sale? Let's look back at Nadella's accomplishments, his compensation, and prior stock sales to decide.\nHow Nadella turned Microsoft into a growth stock again\nWhen Nadella took over as Microsoft's third CEO in 2014, the tech giant was in serious trouble. New cloud-based services were disrupting its desktop-based software, its Windows users were stubbornly sticking with older versions of the OS, and it had lost the mobile market toApple and Alphabet's Google.\nHowever, Nadellaturned things around by aggressively expanding the company's cloud services, reinventing Windows as a cloud-based service, and abandoning Windows Phone to launch new mobile apps for iOS and Android instead.\nMicrosoft's cloud business became its core growth engine, and the company's revenue surged from $86.8 billion in fiscal 2014 to $168.1 billion in fiscal 2021, which ended this June, as its earnings per share more than tripled.\nThat growth spurt catapulted Microsoft's market cap from about $300 billion on Nadella's first day to nearly $2.5 trillion today. Therefore, Nadella certainly deserves to sell some of his shares after that historic rally.\nDoes Nadella's sale indicate Microsoft's growth is peaking?\nSatya Nadella's total compensation rose 13% to $49.9 million in fiscal 2021. That total included a $2.5 million base salary, $33 million in stock awards, and $14.2 million in non-equity incentives.\nTherefore, Nadella's latest sale represents several years of cumulative stock bonuses. The transactions also represent Nadella's only non-automatic direct sales over the past two years.\nMicrosoft's CFO Amy Hood also sold 60,000 shares (11% of her holdings at the time) for an average price of $303.08 in a direct transaction on Sept. 1. That represented Hood's first direct sale since last September.\nThose insider sales don't necessarily indicate Microsoft is in trouble. Executives sell their shares all the time for personal reasons that aren't related to a company's near-term and long-term prospects. For example, Microsoft's co-founder and first CEO Bill Gates sold most of his shares before leaving the board in early 2020 -- but the stock continued to rise.\nMicrosoft's stock has nearly tripled over the past three years, and it rallied more than 50% in the past 12 months alone. Analysts expect its revenue and earnings to grow 17% and 14%, respectively, this year, but the stock certainly isn't cheap at 36 times forward earnings.\nThat higher multiple -- along with macroeconomic headwinds like inflation, supply chain constraints, and a new COVID-19 variant -- might have convinced Nadella, Hood, and Microsoft's other insiders to sell some of their shares. However, Nadella's holdings will rise again this year as he nets more stock bonuses.\nRemember the difference between insiders and investors\nGenerally speaking, it's more useful for investors to follow insider trades in struggling companies -- where insiders might be making rosy promises about a turnaround while dumping their own shares -- than successful ones.\nMicrosoft is one of the successful ones, and Nadella's big sale doesn't indicate that its long-term prospects have shifted. As an outside investor, you also won't be eligible to receive any new shares like Nadella, who can afford to repeatedly sell his shares because they're just a big part of his salary.\nTherefore, it doesn't make any sense to sell your stock just because the CEO sold half of his current position. Instead, investors should pay attention to Microsoft's cloud growth and the expansion of its ecosystem instead of fretting over Satya Nadella's well-deserved payday.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6781993,"gmtCreate":1638255648282,"gmtModify":1638255648312,"authorId":3575454990112554,"author":{"id":3575454990112554,"idStr":"3575454990112554","authorId":3575454990112554,"name":"Bubble5728","avatar":"https://static.tigerbbs.com/ffe6f8385b6f65785cb6f3337622382d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":609124157,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":13,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1169817625","isCrawlerRequest":true}