Benzinga | Nov 26, 2021 09:56AM EST

Microsoft CEO Cuts Holding By ~50%

* Microsoft Corp (NASDAQ:MSFT) CEO Satya Nadella sold about 838.6K shares of common stock on November 22 and 23.

* The total transaction size was $285.3 million.

* The selloff reduced Nadella's holding in Microsoft by ~50%.

* Analysts hailed the company by raising the price targets following its Q1 beat.

* Price Action: MSFT shares traded lower by 0.27% at $337.03 in the market session on the last check Friday.