MicroStrategy (NASDAQ:MSTR) Shares Down 1% – Should You Sell?

MicroStrategy Incorporated (NASDAQ:MSTR)’s share price was down 1% during trading on Thursday . The stock traded as low as $345.80 and last traded at $357.02. 5,165,152 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 18,768,904 shares. The stock had previously closed at $360.62.

Analyst Upgrades and Downgrades

MSTR has been the topic of a number of analyst reports. Benchmark reiterated a “buy” rating and issued a $650.00 price target on shares of MicroStrategy in a research note on Tuesday. Sanford C. Bernstein reiterated an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a research note on Thursday, December 12th. Canaccord Genuity Group raised their price target on shares of MicroStrategy from $300.00 to $510.00 and gave the company a “buy” rating in a research report on Monday, November 25th. BTIG Research upped their price objective on MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, TD Cowen lifted their target price on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. One analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $479.25.

MicroStrategy Stock Up 8.0 %

The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.12. The company has a market cap of $95.02 billion, a PE ratio of -188.18 and a beta of 3.25. The company’s fifty day moving average is $363.86 and its 200-day moving average is $234.07.

MicroStrategy (NASDAQ:MSTR) last released 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). The firm had revenue of $116.07 million during the quarter, compared to analysts’ expectations of $121.45 million. MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The business’s quarterly revenue was down 10.3% on a year-over-year basis. During the same quarter last year, the business earned ($8.98) earnings per share.

Insider Buying and Selling at MicroStrategy

In other news, Director Stephen X. Graham sold 20,000 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $451.36, for a total value of $9,027,200.00. Following the transaction, the director now directly owns 6,970 shares in the company, valued at $3,145,979.20. The trade was a 74.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Wei-Ming Shao sold 18,000 shares of the stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $368.01, for a total value of $6,624,180.00. Following the sale, the executive vice president now owns 6,460 shares of the company’s stock, valued at $2,377,344.60. This represents a 73.59 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 102,000 shares of company stock worth $32,259,177 in the last three months. 9.16% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. UMB Bank n.a. raised its position in shares of MicroStrategy by 900.0% during the third 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 last quarter. AlphaMark Advisors LLC lifted its stake in MicroStrategy by 2,900.0% in the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock worth $25,000 after purchasing an additional 145 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of MicroStrategy during the 3rd quarter valued at about $27,000. Sunbelt Securities Inc. grew its position in shares of MicroStrategy by 900.0% during the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after purchasing an additional 144 shares in the last quarter. Finally, ST Germain D J Co. Inc. increased its holdings in shares of MicroStrategy by 900.0% in the third quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock worth $29,000 after purchasing an additional 153 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

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.