Jane A. Dietze Buys 1,500 Shares of MicroStrategy Incorporated (NASDAQ:MSTR) Stock

Key Points

• Director Jane A. Dietze purchased 1,500 shares of MicroStrategy at an average price of $90.00 per share, totaling $135,000, increasing her ownership in the company.
• MicroStrategy reported a loss of ($16.49) earnings per share for the last quarter, missing analyst expectations significantly, with revenue down 3.6% year-over-year.
• Analysts have mixed views, with a consensus rating of "Moderate Buy" and a target price of $531.17, while some firms say the stock price could rise to as high as $680.00.

MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) Director Jane A. Dietze purchased 1,500 shares of the business's stock in a transaction on Tuesday, July 29th. The shares were acquired at an average cost of $90.00 per share, for a total transaction of $135,000.00. Following the completion of the transaction, the director directly owned 1,500 shares in the company, valued at approximately $135,000. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

MicroStrategy Stock Performance

MicroStrategy stock traded down $9.14 during midday trading on Tuesday, hitting $394.66. The company's stock had a trading volume of 10,548,228 shares, compared to its average volume of 15,801,925. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.66. The company has a market cap of $107.90 billion, a price-to-earnings ratio of -18.09 and a beta of 3.70. The company has a 50-day moving average price of $395.63 and a two-hundred day moving average price of $351.75. MicroStrategy Incorporated has a 1-year low of $102.40 and a 1-year high of $543.00.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($16.47). The company had revenue of $111.07 million during the quarter, compared to analyst estimates of $116.66 million. MicroStrategy had a negative net margin of 1,160.72% and a negative return on equity of 37.64%. MicroStrategy's revenue was down 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.83) earnings per share.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Cantor Fitzgerald boosted their price target on MicroStrategy from $614.00 to $680.00 and gave the stock an "overweight" rating in a research report on Monday. HC Wainwright started coverage on shares of MicroStrategy in a report on Tuesday, April 29th. They set a "buy" rating and a $480.00 target price on the stock. BTIG Research reaffirmed a "buy" rating on shares of MicroStrategy in a research report on Wednesday, May 14th. UBS Group reiterated a "buy" rating on shares of MicroStrategy in a research note on Friday, May 16th. Finally, Cowen restated a "buy" rating on shares of MicroStrategy in a research note on Monday, July 14th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $531.17.

Institutional Investors Weigh In On MicroStrategy

A number of large investors have recently bought and sold shares of MSTR. Allstate Corp bought a new stake in shares of MicroStrategy during the 4th quarter worth approximately $1,564,000. Selway Asset Management acquired a new stake in MicroStrategy in the fourth quarter valued at approximately $869,000. World Investment Advisors bought a new stake in MicroStrategy during the 4th quarter worth $1,766,000. Aviva PLC increased its stake in shares of MicroStrategy by 51.2% in the fourth quarter. Aviva PLC now owns 94,953 shares of the software maker's stock valued at $27,500,000 after buying an additional 32,171 shares during the period. Finally, Sei Investments Co. increased its position in MicroStrategy by 39.3% in the 4th quarter. Sei Investments Co. now owns 11,972 shares of the software maker's stock valued at $3,468,000 after acquiring an additional 3,376 shares during the period. 59.84% of the stock is currently owned by institutional investors and hedge funds.

MicroStrategy Company Profile

Strategy Incorporated, formerly known as MicroStrategy, provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers Strategy ONE, a platform that allows non-technical users to access novel and actionable insights for decision-making, and Strategy Cloud for Government, which provides always-on threat monitoring designed to meet the strict technical and regulatory standards of governments and financial institutions.

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