MicroStrategy (NASDAQ:MSTR) Earns Outperform Rating from Analysts at Keefe, Bruyette & Woods

Research analysts at Keefe, Bruyette & Woods began coverage on shares of MicroStrategy (NASDAQ:MSTR) in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage set an “outperform” rating and a $560.00 price target on the software maker’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 72.06% from the stock’s current price.

MSTR has been the subject of a number of other research reports. BTIG Research upped their price target on MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Benchmark reiterated a “buy” rating and set a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. Cantor Fitzgerald increased their price target on MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research note on Thursday. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 price objective on shares of MicroStrategy in a report on Thursday, December 12th. Finally, TD Cowen upped their price objective on MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a report on Monday, November 25th. One analyst has rated the stock with a sell rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $546.30.

MicroStrategy Price Performance

Shares of MSTR opened at $325.46 on Friday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.65 and a current ratio of 0.65. The stock has a 50 day simple moving average of $356.27 and a 200 day simple moving average of $254.50. MicroStrategy has a 52-week low of $46.75 and a 52-week high of $543.00. The firm has a market capitalization of $78.00 billion, a PE ratio of -154.47 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data 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 net margin of 87.05% and a negative return on equity of 17.31%.

Insider Activity at MicroStrategy

In related news, CAO Jeanine Montgomery sold 752 shares of MicroStrategy stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $322.45, for a total transaction of $242,482.40. Following the completion of the sale, the chief accounting officer now owns 6,418 shares of the company’s stock, valued at approximately $2,069,484.10. This trade represents a 10.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen X. Graham sold 20,000 shares of MicroStrategy stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $451.36, for a total value of $9,027,200.00. Following the sale, the director now directly owns 6,970 shares of the company’s stock, valued at $3,145,979.20. This represents a 74.16 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 40,050 shares of company stock valued at $16,314,110. 9.16% of the stock is owned by insiders.

Institutional Trading of MicroStrategy

Several large investors have recently bought and sold shares of the company. Riverview Trust Co bought a new position in MicroStrategy in the 4th quarter valued at approximately $25,000. Parkside Financial Bank & Trust increased its stake in shares of MicroStrategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Aspect Partners LLC purchased a new stake in shares of MicroStrategy in the 4th quarter worth $28,000. Private Wealth Management Group LLC boosted its holdings in MicroStrategy by 208.8% in the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after buying an additional 71 shares during the period. Finally, Compagnie Lombard Odier SCmA bought a new position in MicroStrategy in the 4th quarter worth $32,000. 59.84% of the stock is owned by 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.