MicroStrategy (NASDAQ:MSTR) Stock Price Down 3.8% - What's Next?

MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report)'s share price traded down 3.8% during mid-day trading on Monday . The company traded as low as $281.60 and last traded at $286.16. 5,476,818 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 18,348,001 shares. The stock had previously closed at $297.49.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Barclays lowered their price objective on shares of MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Compass Point upgraded MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. BTIG Research boosted their price objective on MicroStrategy from $290.00 to $570.00 and gave the company a "buy" rating in a report on Thursday, November 21st. Monness Crespi & Hardt started coverage on MicroStrategy in a report on Wednesday. They set a "neutral" rating for the company. Finally, Maxim Group boosted their price target on shares of MicroStrategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $536.90.

MicroStrategy Price Performance

The stock has a fifty day simple moving average of $318.73 and a 200-day simple moving average of $285.25. The company has a market capitalization of $78.29 billion, a PE ratio of -54.01 and a beta of 3.36. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39.

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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 return on equity of 19.01% and a negative net margin of 251.73%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Quadrant Capital Group LLC lifted its position in MicroStrategy by 855.6% in the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock valued at $25,000 after acquiring an additional 77 shares during the last quarter. Riverview Trust Co purchased a new position in MicroStrategy during the 4th quarter worth approximately $25,000. IAG Wealth Partners LLC acquired a new position in MicroStrategy during the fourth quarter worth approximately $25,000. Dunhill Financial LLC acquired a new stake in shares of MicroStrategy in the fourth quarter valued at approximately $26,000. Finally, Safe Harbor Fiduciary LLC grew its position in shares of MicroStrategy by 820.0% during the fourth quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker's stock worth $27,000 after acquiring an additional 82 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

MicroStrategy Company Profile

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.