MicroStrategy (NASDAQ:MSTR) Research Coverage Started at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods initiated coverage on shares of MicroStrategy (NASDAQ:MSTR) in a report published on Friday, MarketBeat Ratings reports. The firm issued an outperform rating and a $560.00 price target on the software maker’s stock.

A number of other equities analysts also recently commented on MSTR. TD Cowen upped their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Canaccord Genuity Group reduced their price target on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research report on Thursday. Maxim Group upped their price target on MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Mizuho began 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. One research 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 stock. According to data from MarketBeat.com, MicroStrategy presently has a consensus rating of “Moderate Buy” and an average price target of $546.30.

MicroStrategy Stock Up 0.6 %

Shares of NASDAQ:MSTR opened at $327.56 on Friday. 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 simple moving average of $355.07 and a 200-day simple moving average of $256.73. The company has a market capitalization of $78.50 billion, a PE ratio of -58.15 and a beta of 3.25. MicroStrategy has a twelve month low of $52.51 and a twelve month high of $543.00.

MicroStrategy (NASDAQ:MSTR) last released 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 Buying and Selling at MicroStrategy

In other MicroStrategy news, CAO Jeanine Montgomery sold 752 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $322.45, for a total value of $242,482.40. Following the transaction, the chief accounting officer now owns 6,418 shares in the company, valued at approximately $2,069,484.10. This represents a 10.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Wei-Ming Shao sold 18,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $368.01, for a total transaction of $6,624,180.00. Following the transaction, the executive vice president now owns 6,460 shares in the company, valued at approximately $2,377,344.60. This represents a 73.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 40,050 shares of company stock valued at $16,314,110. 9.16% of the stock is owned by insiders.

Institutional Investors Weigh In On MicroStrategy

A number of large investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. boosted its position 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 acquiring an additional 135 shares during the period. AlphaMark Advisors LLC boosted its holdings in MicroStrategy by 2,900.0% in the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock valued at $25,000 after purchasing an additional 145 shares during the period. Riverview Trust Co acquired a new stake in MicroStrategy in the 4th quarter worth $25,000. Capital Performance Advisors LLP bought a new position in shares of MicroStrategy during the 3rd quarter worth about $27,000. Finally, Sunbelt Securities Inc. raised its position in shares of MicroStrategy by 900.0% during the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after buying an additional 144 shares during the last quarter. Institutional investors 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.