Several analysts have recently updated their ratings and price targets for MicroStrategy (NASDAQ: MSTR):

  • 8/5/2017 – MicroStrategy was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/3/2017 – MicroStrategy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” 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. “
  • 7/31/2017 – MicroStrategy was downgraded by analysts at First Analysis from an “overweight” rating to an “equal weight” rating. They now have a $140.00 price target on the stock, down previously from $225.00.
  • 7/28/2017 – MicroStrategy was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.
  • 7/28/2017 – MicroStrategy was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $180.00 price target on the stock, down previously from $220.00.
  • 7/1/2017 – MicroStrategy was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/1/2017 – 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. “
  • 6/23/2017 – MicroStrategy was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Shares of MicroStrategy Incorporated (MSTR) opened at 132.13 on Tuesday. The company has a market capitalization of $1.51 billion, a PE ratio of 18.25 and a beta of 0.87. MicroStrategy Incorporated has a 52 week low of $131.51 and a 52 week high of $207.28. The company has a 50 day moving average price of $182.09 and a 200 day moving average price of $187.57.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings data on Thursday, July 27th. The software maker reported $0.96 earnings per share for the quarter, missing analysts’ consensus estimates of $1.60 by $0.64. MicroStrategy had a net margin of 16.37% and a return on equity of 14.99%. The business had revenue of $120.61 million during the quarter, compared to analysts’ expectations of $125.18 million. During the same quarter in the prior year, the firm posted $1.64 earnings per share. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. On average, equities research analysts expect that MicroStrategy Incorporated will post $4.42 earnings per share for the current year.

In related news, EVP Wei-Ming Shao sold 2,400 shares of MicroStrategy stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $183.54, for a total value of $440,496.00. Following the completion of the transaction, the executive vice president now directly owns 1,005 shares in the company, valued at approximately $184,457.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 21.80% of the stock is currently owned by insiders.

MicroStrategy Incorporated is a provider of enterprise software platforms around the world. The Company is engaged in the design, development, marketing and sales of its software platform through licensing arrangements, and cloud-based subscriptions and related services. It focuses on providing enterprise customers with software platform and services for deploying intelligence applications.

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