MicroStrategy (MSTR) Scheduled to Post Earnings on Monday

MicroStrategy (NASDAQ:MSTR) will release its earnings data after the market closes on Monday, April 29th. Parties interested in registering for the company’s conference call can do so using this link.

MicroStrategy (NASDAQ:MSTR) last released its earnings results on Tuesday, February 6th. The software maker reported $5.62 EPS for the quarter. The firm had revenue of $124.48 million during the quarter, compared to analysts’ expectations of $134.90 million. MicroStrategy had a net margin of 86.47% and a return on equity of 42.81%.

MicroStrategy Trading Up 3.4 %

Shares of MicroStrategy stock opened at $1,282.38 on Friday. The firm has a market capitalization of $21.76 billion, a PE ratio of 45.51 and a beta of 2.89. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.83 and a quick ratio of 0.83. The company’s fifty day moving average price is $1,351.21 and its two-hundred day moving average price is $806.94. MicroStrategy has a 52-week low of $266.00 and a 52-week high of $1,999.99.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MSTR. TD Cowen lowered their target price on shares of MicroStrategy from $1,560.00 to $1,450.00 and set an “outperform” rating on the stock in a report on Wednesday, March 20th. Canaccord Genuity Group restated a “buy” rating and set a $1,810.00 target price on shares of MicroStrategy in a research report on Thursday, March 28th. StockNews.com upgraded shares of MicroStrategy to a “sell” rating in a research report on Monday, March 18th. Benchmark reiterated a “buy” rating and issued a $1,875.00 price target on shares of MicroStrategy in a research report on Thursday. Finally, BTIG Research increased their price target on shares of MicroStrategy from $780.00 to $1,800.00 and gave the company a “buy” rating in a research report on Friday, April 5th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,473.00.

Insider Activity at MicroStrategy

In related news, Chairman Michael J. Saylor sold 1,140 shares of MicroStrategy stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $1,951.33, for a total value of $2,224,516.20. Following the transaction, the chairman now directly owns 1,140 shares of the company’s stock, valued at $2,224,516.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other MicroStrategy news, Director Jarrod M. Patten sold 275 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $722.34, for a total value of $198,643.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Michael J. Saylor sold 1,140 shares of the company’s stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $1,951.33, for a total value of $2,224,516.20. Following the transaction, the chairman now directly owns 1,140 shares in the company, valued at approximately $2,224,516.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 117,452 shares of company stock valued at $122,745,797. 13.18% of the stock is owned by corporate insiders.

MicroStrategy Company Profile

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.