MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) traded up 3.9% on Monday . The stock traded as high as $344.89 and last traded at $337.73. 13,875,971 shares were traded during trading, a decline of 15% from the average session volume of 16,244,744 shares. The stock had previously closed at $324.92.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the stock. TD Cowen upped their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the company a "buy" rating in a report on Monday, November 25th. Barclays reduced 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. Keefe, Bruyette & Woods began coverage on shares of MicroStrategy in a research report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price objective for the company. Cantor Fitzgerald upped 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. Finally, BTIG Research increased their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. One analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, MicroStrategy has an average rating of "Moderate Buy" and a consensus target price of $536.90.
Check Out Our Latest Research Report on MSTR
MicroStrategy Price Performance
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's 50-day moving average is $344.48 and its 200-day moving average is $265.91. The company has a market cap of $77.63 billion, a PE ratio of -57.50 and a beta of 3.25.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data 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%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in MSTR. Geode Capital Management LLC lifted its stake in shares of MicroStrategy by 990.6% in the third quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker's stock worth $465,573,000 after buying an additional 2,512,645 shares in the last quarter. Norges Bank bought a new position in shares of MicroStrategy in the fourth quarter worth approximately $523,981,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of MicroStrategy by 971.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker's stock worth $107,855,000 after buying an additional 579,994 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of MicroStrategy by 587.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker's stock worth $111,994,000 after buying an additional 567,628 shares in the last quarter. Finally, Swiss National Bank lifted its position in MicroStrategy by 904.7% during the third quarter. Swiss National Bank now owns 468,200 shares of the software maker's stock valued at $78,939,000 after purchasing an additional 421,600 shares during the period. Institutional investors own 59.84% of the company's stock.
About MicroStrategy
(
Get Free Report)
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.
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