MicroStrategy (MSTR) – Analysts’ Recent Ratings Updates

by · The Cerbat Gem

Several brokerages have updated their recommendations and price targets on shares of MicroStrategy (NASDAQ: MSTR) in the last few weeks:

  • 11/4/2024 – MicroStrategy had its price target raised by analysts at Barclays PLC from $225.00 to $275.00. They now have an “overweight” rating on the stock.
  • 10/31/2024 – MicroStrategy had its price target raised by analysts at Canaccord Genuity Group Inc. from $173.00 to $300.00. They now have a “buy” rating on the stock.
  • 10/31/2024 – MicroStrategy had its price target raised by analysts at TD Cowen from $200.00 to $300.00. They now have a “buy” rating on the stock.
  • 10/31/2024 – MicroStrategy had its price target raised by analysts at Benchmark Co. from $245.00 to $300.00. They now have a “buy” rating on the stock.
  • 10/31/2024 – MicroStrategy had its price target raised by analysts at Maxim Group from $193.00 to $270.00. They now have a “buy” rating on the stock.
  • 10/21/2024 – MicroStrategy had its price target raised by analysts at BTIG Research from $180.00 to $240.00. They now have a “buy” rating on the stock.
  • 10/18/2024 – MicroStrategy had its price target raised by analysts at Benchmark Co. from $215.00 to $245.00. They now have a “buy” rating on the stock.
  • 10/14/2024 – MicroStrategy had its price target raised by analysts at Barclays PLC from $173.00 to $225.00. They now have an “overweight” rating on the stock.
  • 10/9/2024 – MicroStrategy had its price target lowered by analysts at Sanford C. Bernstein from $2,890.00 to $290.00. They now have an “outperform” rating on the stock.
  • 9/23/2024 – MicroStrategy had its price target raised by analysts at Barclays PLC from $146.00 to $173.00. They now have an “overweight” rating on the stock.
  • 9/23/2024 – MicroStrategy had its price target raised by analysts at TD Cowen from $195.00 to $200.00. They now have a “buy” rating on the stock.
  • 9/16/2024 – MicroStrategy had its price target lowered by analysts at Canaccord Genuity Group Inc. from $185.00 to $173.00. They now have a “buy” rating on the stock.

MicroStrategy Stock Up 13.2 %

Shares of MSTR traded up $30.01 during midday trading on Wednesday, reaching $257.81. The stock had a trading volume of 26,171,084 shares, compared to its average volume of 20,516,442. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.65 and a quick ratio of 0.47. The company’s fifty day simple moving average is $175.19 and its two-hundred day simple moving average is $155.53. The company has a market cap of $45.73 billion, a price-to-earnings ratio of -122.36 and a beta of 3.05. MicroStrategy Incorporated has a 1-year low of $43.87 and a 1-year high of $267.89.

MicroStrategy (NASDAQ:MSTR – Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The software maker reported ($1.56) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($1.44). MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The business had revenue of $116.07 million for the quarter, compared to analysts’ expectations of $121.45 million. During the same period last year, the firm earned ($8.98) earnings per share. The firm’s quarterly revenue was down 10.3% on a year-over-year basis.

Insider Buying and Selling at MicroStrategy

In other news, CEO Phong Le sold 48,838 shares of the company’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $135.40, for a total value of $6,612,665.20. Following the completion of the transaction, the chief executive officer now owns 12,670 shares in the company, valued at approximately $1,715,518. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, CEO Phong Le sold 48,838 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $135.40, for a total transaction of $6,612,665.20. Following the transaction, the chief executive officer now owns 12,670 shares in the company, valued at $1,715,518. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Wei-Ming Shao sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $141.20, for a total value of $423,600.00. Following the completion of the sale, the executive vice president now owns 6,460 shares of the company’s stock, valued at approximately $912,152. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 101,838 shares of company stock worth $13,950,265 over the last three months. Insiders own 13.18% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. UMB Bank n.a. increased its stake in MicroStrategy by 900.0% in the 3rd quarter. UMB Bank n.a. now owns 150 shares of the software maker’s stock valued at $25,000 after buying an additional 135 shares during the period. AlphaMark Advisors LLC boosted its holdings in shares of MicroStrategy by 2,900.0% in the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock valued at $25,000 after acquiring an additional 145 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in shares of MicroStrategy during the third quarter worth about $27,000. ST Germain D J Co. Inc. lifted its position in MicroStrategy by 900.0% in the third quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock valued at $29,000 after purchasing an additional 153 shares during the period. Finally, Fairman Group LLC boosted its holdings in MicroStrategy by 900.0% in the 3rd quarter. Fairman Group LLC now owns 200 shares of the software maker’s stock valued at $34,000 after purchasing an additional 180 shares in the last quarter. 72.03% of the stock is currently owned by institutional investors and hedge funds.

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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