MicroStrategy Incorporated (NASDAQ:MSTR) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of MicroStrategy Incorporated (NASDAQ:MSTR) have earned an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $390.00.

Several analysts have recently issued reports on MSTR shares. StockNews.com started coverage on MicroStrategy in a research note on Thursday, August 17th. They set a “sell” rating for the company. BTIG Research started coverage on MicroStrategy in a research note on Tuesday, July 11th. They set a “buy” rating and a $490.00 target price for the company. Finally, TD Cowen started coverage on MicroStrategy in a research note on Wednesday, July 26th. They set an “outperform” rating and a $520.00 target price for the company.

Insider Buying and Selling at MicroStrategy

In other MicroStrategy news, Director Jarrod M. Patten sold 450 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $391.05, for a total value of $175,972.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Phong Le sold 10,000 shares of the stock in a transaction that occurred on Friday, June 16th. The stock was sold at an average price of $295.66, for a total value of $2,956,600.00. Following the completion of the transaction, the chief executive officer now directly owns 458 shares of the company’s stock, valued at approximately $135,412.28. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jarrod M. Patten sold 450 shares of the stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $391.05, for a total value of $175,972.50. The disclosure for this sale can be found here. Insiders sold a total of 20,950 shares of company stock valued at $6,336,828 in the last quarter. Corporate insiders own 20.79% of the company’s stock.

Hedge Funds Weigh In On MicroStrategy

A number of hedge funds have recently modified their holdings of MSTR. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of MicroStrategy by 66.0% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 88 shares of the software maker’s stock worth $25,000 after buying an additional 35 shares in the last quarter. DT Investment Partners LLC acquired a new stake in MicroStrategy during the 1st quarter valued at $25,000. Ridgewood Investments LLC acquired a new stake in MicroStrategy during the 1st quarter valued at $29,000. Heritage Wealth Management LLC increased its holdings in MicroStrategy by 100.0% during the 4th quarter. Heritage Wealth Management LLC now owns 216 shares of the software maker’s stock valued at $31,000 after purchasing an additional 108 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. acquired a new stake in MicroStrategy during the 2nd quarter valued at $40,000. 49.44% of the stock is owned by institutional investors and hedge funds.

MicroStrategy Stock Performance

MSTR opened at $341.84 on Thursday. The company has a market cap of $4.81 billion, a PE ratio of 38.02 and a beta of 2.46. The stock has a 50-day moving average of $387.01 and a 200-day moving average of $324.21. MicroStrategy has a 52-week low of $132.56 and a 52-week high of $475.09. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.77 and a current ratio of 0.77.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Tuesday, August 1st. The software maker reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $1.63. The company had revenue of $120.40 million during the quarter, compared to the consensus estimate of $124.85 million. MicroStrategy had a return on equity of 140.01% and a net margin of 41.32%. As a group, equities research analysts forecast that MicroStrategy will post 28.88 earnings per share for the current fiscal year.

About MicroStrategy

MicroStrategy Incorporated provides enterprise analytics software and services in the United States, Canada, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy, an enterprise analytics software platform that enables users to create visualizations, customize apps, and embed analytics directly into workflows; and MicroStrategy Cloud Environment, a managed software-as-a-service solution, which offers always-on threat monitoring and enables rapid analytics development and deployment to deliver security and data privacy requirements.