MicroStrategy (NASDAQ:MSTR) Stock Price Down 0.1% – Should You Sell?

MicroStrategy Incorporated (NASDAQ:MSTR) shares fell 0.1% during trading on Tuesday . The company traded as low as $329.95 and last traded at $337.51. 3,670,430 shares changed hands during trading, a decline of 78% from the average session volume of 16,491,852 shares. The stock had previously closed at $337.73.

Analyst Ratings Changes

A number of analysts recently issued reports on MSTR shares. TD Cowen upped their target price on MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Barclays decreased their price target on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Keefe, Bruyette & Woods began coverage on MicroStrategy in a report on Friday, February 7th. They set an “outperform” rating and a $560.00 price target for the company. Cantor Fitzgerald boosted their price objective on shares of MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, BTIG Research lifted their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a report on Thursday, November 21st. 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Stock Performance

The stock has a market capitalization of $77.63 billion, a price-to-earnings ratio of -57.50 and a beta of 3.25. The firm has a fifty day moving average of $344.48 and a 200-day moving average of $265.91. 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 posted its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Institutional Investors Weigh In On MicroStrategy

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