MicroStrategy (MSTR) to Release Quarterly Earnings on Wednesday

MicroStrategy (NASDAQ:MSTR) will likely be releasing its earnings data after the market closes on Wednesday, February 5th. Analysts expect MicroStrategy to post earnings of ($0.13) per share and revenue of $122.73 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

MicroStrategy Trading Down 1.6 %

Shares of MSTR stock opened at $334.79 on Monday. The stock has a market cap of $80.23 billion, a price-to-earnings ratio of -158.89 and a beta of 3.25. The stock has a 50-day moving average of $359.82 and a 200-day moving average of $250.87. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.12. MicroStrategy has a 1-year low of $46.75 and a 1-year high of $543.00.

Insider Buying and Selling at MicroStrategy

In related news, CAO Jeanine Montgomery sold 752 shares of MicroStrategy stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 6,418 shares of the company’s stock, valued at $2,069,484.10. The trade was a 10.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen X. Graham sold 20,000 shares of MicroStrategy stock in a transaction that occurred 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 transaction, the director now directly owns 6,970 shares in the company, valued at approximately $3,145,979.20. The trade was a 74.16 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 102,000 shares of company stock valued at $32,259,177. Company insiders own 9.16% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. TD Cowen increased their price target on MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Canaccord Genuity Group increased their price target on MicroStrategy from $300.00 to $510.00 and gave the company a “buy” rating in a research note on Monday, November 25th. BTIG Research increased their price target on MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Compass Point upgraded MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Finally, Mizuho assumed coverage on MicroStrategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $483.22.

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.