Barclays Issues Pessimistic Forecast for MicroStrategy (NASDAQ:MSTR) Stock Price

MicroStrategy (NASDAQ:MSTR - Free Report) had its target price reduced by Barclays from $515.00 to $421.00 in a research note issued to investors on Monday,Benzinga reports. Barclays currently has an overweight rating on the software maker's stock.

MSTR has been the subject of a number of other research reports. Compass Point upgraded shares of MicroStrategy to a "strong-buy" rating in a research note on Wednesday, January 29th. TD Cowen increased their price objective on MicroStrategy from $392.00 to $525.00 and gave the company a "buy" rating in a report on Monday, November 25th. Mizuho assumed coverage on MicroStrategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 target price on the stock. BTIG Research increased their price target on shares of MicroStrategy from $290.00 to $570.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. Finally, Cantor Fitzgerald boosted their price objective on shares of MicroStrategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $536.90.

MicroStrategy Stock Down 3.8 %

MSTR stock traded down $12.76 during mid-day trading on Monday, reaching $321.87. The company had a trading volume of 7,465,693 shares, compared to its average volume of 17,401,275. The firm has a fifty day simple moving average of $354.16 and a 200 day simple moving average of $257.96. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The company has a market capitalization of $77.13 billion, a price-to-earnings ratio of -57.14 and a beta of 3.25. MicroStrategy has a fifty-two week low of $65.02 and a fifty-two week high of $543.00.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Insiders Place Their Bets

In related news, CAO Jeanine Montgomery sold 752 shares of the business's stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $322.45, for a total transaction of $242,482.40. Following the sale, the chief accounting officer now owns 6,418 shares of the company's stock, valued at approximately $2,069,484.10. The trade was a 10.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen X. Graham sold 20,000 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the completion of the transaction, the director now directly owns 6,970 shares of the company's stock, valued at approximately $3,145,979.20. This trade represents a 74.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 40,050 shares of company stock worth $16,314,110. 9.16% of the stock is owned by insiders.

Institutional Investors Weigh In On MicroStrategy

Several institutional investors and hedge funds have recently made changes to their positions in MSTR. UMB Bank n.a. lifted its holdings in shares of MicroStrategy by 900.0% in the third quarter. UMB Bank n.a. now owns 150 shares of the software maker's stock valued at $25,000 after purchasing an additional 135 shares in the last quarter. AlphaMark Advisors LLC raised its holdings in shares of MicroStrategy by 2,900.0% in the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker's stock worth $25,000 after acquiring an additional 145 shares during the last quarter. Riverview Trust Co purchased a new stake in shares of MicroStrategy in the fourth quarter valued at $25,000. IAG Wealth Partners LLC acquired a new stake in shares of MicroStrategy during the fourth quarter valued at $25,000. Finally, Capital Performance Advisors LLP purchased a new stake in MicroStrategy during the 3rd quarter worth about $27,000. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

About MicroStrategy

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.