MicroStrategy (NASDAQ:MSTR) Shares Down 1.1% Following Analyst Downgrade

MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) shares fell 1.1% during mid-day trading on Tuesday after Barclays lowered their price target on the stock from $515.00 to $421.00. Barclays currently has an overweight rating on the stock. MicroStrategy traded as low as $329.05 and last traded at $331.01. 3,559,662 shares traded hands during trading, a decline of 79% from the average session volume of 17,253,703 shares. The stock had previously closed at $334.62.

Several other brokerages have also issued reports on MSTR. Maxim Group boosted their price target on MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. TD Cowen upped their price objective on MicroStrategy from $392.00 to $525.00 and gave the company a "buy" rating in a research note on Monday, November 25th. Benchmark reiterated a "buy" rating and issued a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. Mizuho initiated coverage on MicroStrategy in a research note on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price objective on the stock. Finally, Canaccord Genuity Group lowered their price objective on MicroStrategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. One analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, MicroStrategy currently has a consensus rating of "Moderate Buy" and a consensus price target of $536.90.

Insider Buying and Selling

In other MicroStrategy news, Director Stephen X. Graham sold 20,000 shares of the company's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the transaction, the director now owns 6,970 shares of the company's stock, valued at approximately $3,145,979.20. This represents a 74.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.16% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MSTR. AlphaMark Advisors LLC lifted its holdings in MicroStrategy by 2,900.0% during the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker's stock worth $25,000 after buying an additional 145 shares in the last quarter. Riverview Trust Co acquired a new position in MicroStrategy during the 4th quarter worth $25,000. IAG Wealth Partners LLC acquired a new position in MicroStrategy during the 4th quarter worth $25,000. Quadrant Capital Group LLC lifted its holdings in MicroStrategy by 855.6% during the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after buying an additional 77 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in MicroStrategy during the 3rd quarter worth $27,000. Institutional investors and hedge funds own 59.84% of the company's stock.

MicroStrategy Stock Performance

The firm has a fifty day simple moving average of $350.27 and a 200-day simple moving average of $259.90. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The stock has a market cap of $80.96 billion, a price-to-earnings ratio of -59.97 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

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.