MicroStrategy (NASDAQ:MSTR) Trading Up 0% – Should You Buy?

MicroStrategy Incorporated (NASDAQ:MSTR) shares were up 0% during trading on Monday . The stock traded as high as $292.27 and last traded at $289.48. Approximately 6,255,389 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 17,843,342 shares. The stock had previously closed at $289.41.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MSTR. Maxim Group lifted their price target on MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. Monness Crespi & Hardt initiated coverage on MicroStrategy in a report on Wednesday, March 19th. They issued a “neutral” rating on the stock. Canaccord Genuity Group reduced their price target on MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods assumed coverage on shares of MicroStrategy in a research report on Friday, February 7th. They set an “outperform” rating and a $560.00 price objective on the stock. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $536.90.

MicroStrategy Price Performance

The stock has a market cap of $75.00 billion, a P/E ratio of -51.68 and a beta of 3.36. The firm has a 50 day moving average price of $313.64 and a 200 day moving average price of $296.05. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Insider Activity at MicroStrategy

In other MicroStrategy news, Director Leslie J. Rechan sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total value of $5,038,500.00. Following the completion of the sale, the director now owns 4,970 shares of the company’s stock, valued at $1,669,423. This trade represents a 75.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Wei-Ming Shao bought 500 shares of MicroStrategy stock in a transaction on Thursday, March 20th. The stock was acquired at an average price of $85.00 per share, for a total transaction of $42,500.00. Following the purchase, the executive vice president now owns 500 shares of the company’s stock, valued at approximately $42,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 8,000 shares of company stock valued at $680,000 and have sold 22,998 shares valued at $7,671,926. 9.16% of the stock is owned by insiders.

Institutional Investors Weigh In On MicroStrategy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MSTR. Quadrant Capital Group LLC lifted its stake in MicroStrategy by 855.6% in the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker’s stock worth $25,000 after acquiring an additional 77 shares during the period. Riverview Trust Co acquired a new position in MicroStrategy during the 4th quarter valued at about $25,000. IAG Wealth Partners LLC acquired a new stake in MicroStrategy in the fourth quarter worth about $25,000. Dunhill Financial LLC purchased a new stake in shares of MicroStrategy during the fourth quarter worth about $26,000. Finally, Safe Harbor Fiduciary LLC increased its holdings in shares of MicroStrategy by 820.0% during the fourth quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker’s stock valued at $27,000 after acquiring an additional 82 shares in 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.