MicroStrategy (NASDAQ:MSTR) Stock Price Up 3.9% – Should You Buy?

MicroStrategy Incorporated (NASDAQ:MSTR) shares rose 3.9% during mid-day trading on Monday . The company traded as high as $344.89 and last traded at $337.73. Approximately 13,875,971 shares were traded during trading, a decline of 15% from the average daily volume of 16,244,744 shares. The stock had previously closed at $324.92.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. TD Cowen lifted their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Keefe, Bruyette & Woods assumed coverage on shares of MicroStrategy in a research report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective on the stock. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Benchmark reiterated a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a research report on Tuesday, January 14th. Finally, Maxim Group lifted their price objective on shares of MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. One investment 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $536.90.

MicroStrategy Stock Down 4.6 %

The firm has a market cap of $76.37 billion, a price-to-earnings ratio of -56.57 and a beta of 3.25. 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 $347.70 and a 200-day moving average price of $265.13.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (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 Transactions at MicroStrategy

In other news, Director Stephen X. Graham sold 20,000 shares of MicroStrategy stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the completion of the transaction, the director now owns 6,970 shares of the company’s stock, valued at $3,145,979.20. The trade was a 74.16 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 9.16% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Toronto Dominion Bank raised its stake in MicroStrategy by 55.0% in the 4th quarter. Toronto Dominion Bank now owns 30,706 shares of the software maker’s stock valued at $8,892,000 after purchasing an additional 10,897 shares during the last quarter. Blue Sky Capital Consultants Group Inc. acquired a new position in MicroStrategy in the 4th quarter valued at about $2,225,000. GF Fund Management CO. LTD. acquired a new position in MicroStrategy in the 4th quarter valued at about $8,698,000. CTC Alternative Strategies Ltd. acquired a new position in MicroStrategy in the 4th quarter valued at about $1,125,000. Finally, Public Employees Retirement System of Ohio raised its stake in MicroStrategy by 5.4% in the 4th quarter. Public Employees Retirement System of Ohio now owns 59,981 shares of the software maker’s stock valued at $17,372,000 after purchasing an additional 3,099 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

About MicroStrategy

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.