MicroStrategy (NASDAQ:MSTR) Shares Up 0% - Should You Buy?

MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) shares shot up 0% on Monday . The company traded as high as $292.27 and last traded at $289.48. 6,255,389 shares were traded during trading, a decline of 65% from the average session volume of 17,843,342 shares. The stock had previously closed at $289.41.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MSTR. Compass Point raised shares of MicroStrategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Benchmark reissued a "buy" rating and issued a $650.00 target price on shares of MicroStrategy in a research report on Tuesday, January 14th. Barclays lowered their price target on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $600.00 price objective on shares of MicroStrategy in a research note on Thursday, December 12th. Finally, Canaccord Genuity Group decreased their target price on MicroStrategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $508.09.

MicroStrategy Stock Up 6.2 %

The firm has a market cap of $78.75 billion, a PE ratio of -54.33 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. The firm has a 50 day moving average price of $309.81 and a 200-day moving average price of $298.32.

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MicroStrategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly 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 return on equity of 19.01% and a negative net margin of 251.73%.

Insider Activity at MicroStrategy

In related news, Director Leslie J. Rechan sold 15,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the completion of the sale, the director now owns 4,970 shares in the company, valued at $1,669,423. The trade was a 75.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Wei-Ming Shao purchased 500 shares of the company's stock in a transaction on Thursday, March 20th. The stock was bought at an average price of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the purchase, the executive vice president now directly owns 500 shares of the company's stock, valued at $42,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 8,000 shares of company stock valued at $680,000 and have sold 22,998 shares valued at $7,671,926. 9.16% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On MicroStrategy

Institutional investors and hedge funds have recently bought and sold shares of the stock. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of MicroStrategy by 31.5% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,740 shares of the software maker's stock valued at $790,000 after purchasing an additional 657 shares during the last quarter. Stonehearth Capital Management LLC lifted its stake in MicroStrategy by 10.2% in the first quarter. Stonehearth Capital Management LLC now owns 2,206 shares of the software maker's stock valued at $636,000 after buying an additional 204 shares during the last quarter. Mascagni Wealth Management Inc. acquired a new stake in shares of MicroStrategy in the fourth quarter valued at approximately $58,000. Objective Capital Management LLC purchased a new position in shares of MicroStrategy during the fourth quarter worth approximately $222,000. Finally, 111 Capital acquired a new position in shares of MicroStrategy in the 4th quarter valued at $907,000. 59.84% of the stock is owned by hedge funds and other 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.