MicroStrategy (NASDAQ:MSTR) Shares Up 0.8% - Still a Buy?

Shares of MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) shot up 0.8% on Thursday . The company traded as high as $327.83 and last traded at $321.32. 4,378,763 shares were traded during trading, a decline of 73% from the average session volume of 16,354,925 shares. The stock had previously closed at $318.67.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MSTR. TD Cowen boosted their target price on MicroStrategy from $392.00 to $525.00 and gave the stock a "buy" rating in a report on Monday, November 25th. Compass Point upgraded MicroStrategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Maxim Group boosted their price target on MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Cantor Fitzgerald upped their target price on MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, Canaccord Genuity Group cut their target price on MicroStrategy from $510.00 to $409.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, MicroStrategy has an average rating of "Moderate Buy" and a consensus target price of $536.90.

MicroStrategy Stock Down 7.5 %

The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $71.82 billion, a price-to-earnings ratio of -53.20 and a beta of 3.25. The firm has a 50 day moving average of $344.48 and a two-hundred day moving average of $265.91.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last posted its earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS 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%.

Institutional Investors Weigh In On MicroStrategy

A number of hedge funds have recently added to or reduced their stakes in the business. Riverview Trust Co acquired a new stake in MicroStrategy in the fourth quarter valued at approximately $25,000. IAG Wealth Partners LLC acquired a new stake in MicroStrategy in the fourth quarter valued at approximately $25,000. Quadrant Capital Group LLC grew its stake 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 period. Dunhill Financial LLC acquired a new stake in MicroStrategy in the fourth quarter valued at approximately $26,000. Finally, Capital Performance Advisors LLP acquired a new stake in MicroStrategy in the third quarter valued at approximately $27,000. 59.84% of the stock is currently owned by institutional investors.

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.