Recent Analysts’ Ratings Updates for MicroStrategy (MSTR)

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A number of firms have modified their ratings and price targets on shares of MicroStrategy (NASDAQ: MSTR) recently:

  • 10/19/2019 – MicroStrategy was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 10/11/2019 – MicroStrategy was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 10/2/2019 – MicroStrategy was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 10/2/2019 – MicroStrategy was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “MicroStrategy Incorporated, a leading worldwide provider of business intelligence software, today announced that GT Nexus has selected MicroStrategy to power the customer-facing analytics and reporting capabilities on its Global Logistics portal. The GT Nexus portal is an on demand technology platform that is used by importers, exporters, transportation carriers, suppliers, banks, and other partners to manage goods that are moving around the world. The GT Nexus system captures and stores hard-to-get data associated with global supply chains, and then fuels a range of Web applications that can be used by constituents to lower supply chain costs and improve control. MicroStrategy will help GT Nexus to deliver a wide range of analytics and reporting capabilities to its customers, which include Home Depot, Kmart, Xerox, Weyerhaeuser, and American Eagle Outfitters. “
  • 9/13/2019 – MicroStrategy was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 9/4/2019 – MicroStrategy was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 8/27/2019 – MicroStrategy was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Shares of MSTR stock opened at $143.15 on Monday. MicroStrategy Incorporated has a 52-week low of $115.50 and a 52-week high of $153.46. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.90 and a current ratio of 2.90. The company has a 50-day simple moving average of $145.11 and a two-hundred day simple moving average of $139.66. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of 84.21 and a beta of 0.64.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Tuesday, July 30th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.19). MicroStrategy had a return on equity of 0.67% and a net margin of 5.85%. The firm had revenue of $117.74 million during the quarter, compared to the consensus estimate of $120.63 million. During the same period in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. On average, sell-side analysts forecast that MicroStrategy Incorporated will post 0.53 EPS for the current fiscal year.

In other news, Director Leslie J. Rechan acquired 1,900 shares of MicroStrategy stock in a transaction on Thursday, August 1st. The stock was acquired at an average cost of $136.98 per share, with a total value of $260,262.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 26.88% of the company’s stock.

Hedge funds have recently modified their holdings of the business. US Bancorp DE grew its position in MicroStrategy by 290.8% in the 2nd quarter. US Bancorp DE now owns 426 shares of the software maker’s stock worth $61,000 after purchasing an additional 317 shares in the last quarter. Nisa Investment Advisors LLC grew its position in MicroStrategy by 60.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 720 shares of the software maker’s stock worth $107,000 after purchasing an additional 270 shares in the last quarter. Meeder Asset Management Inc. grew its position in MicroStrategy by 41.0% in the 3rd quarter. Meeder Asset Management Inc. now owns 843 shares of the software maker’s stock worth $125,000 after purchasing an additional 245 shares in the last quarter. Bank of Montreal Can grew its position in MicroStrategy by 289.5% in the 2nd quarter. Bank of Montreal Can now owns 927 shares of the software maker’s stock worth $132,000 after purchasing an additional 689 shares in the last quarter. Finally, Menta Capital LLC bought a new stake in MicroStrategy in the 2nd quarter worth about $201,000. 76.48% of the stock is owned by institutional investors and hedge funds.

MicroStrategy Incorporated provides enterprise analytics and mobility software platforms worldwide. It offers MicroStrategy Consulting that provides customers with assessment, advisory, architecture, and deployment services to guide their customers in defining, developing, and delivering business analytics solutions for their enterprises across various industries; and MicroStrategy Education, which consists of classroom-based courses, instructor-led courses, recorded courses, self-paced e-learning modules, customer on-site training, and enterprise E-Courseware options for large organizations in various languages.

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