MicroStrategy (MSTR) Scheduled to Post Earnings on Monday

MicroStrategy (NASDAQ:MSTR) will be posting its quarterly earnings results after the market closes on Monday, April 29th. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings data on Tuesday, February 6th. The software maker reported $5.62 EPS for the quarter. MicroStrategy had a net margin of 86.47% and a return on equity of 42.81%. The business had revenue of $124.48 million during the quarter, compared to the consensus estimate of $134.90 million.

MicroStrategy Trading Up 3.4 %

NASDAQ:MSTR opened at $1,282.38 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.01. The firm has a fifty day simple moving average of $1,351.21 and a 200-day simple moving average of $806.94. MicroStrategy has a 12 month low of $266.00 and a 12 month high of $1,999.99. The company has a market capitalization of $21.76 billion, a P/E ratio of 45.51 and a beta of 2.89.

Insider Activity

In related news, EVP Wei-Ming Shao sold 350 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $711.32, for a total transaction of $248,962.00. Following the sale, the executive vice president now directly owns 453 shares of the company’s stock, valued at approximately $322,227.96. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, Director Stephen X. Graham sold 4,000 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $770.00, for a total value of $3,080,000.00. Following the completion of the transaction, the director now owns 200 shares in the company, valued at approximately $154,000. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Wei-Ming Shao sold 350 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $711.32, for a total transaction of $248,962.00. Following the sale, the executive vice president now owns 453 shares of the company’s stock, valued at approximately $322,227.96. The disclosure for this sale can be found here. In the last three months, insiders have sold 117,452 shares of company stock valued at $122,745,797. Company insiders own 13.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on MSTR shares. Canaccord Genuity Group reissued a “buy” rating and set a $1,810.00 target price on shares of MicroStrategy in a report on Thursday, March 28th. Benchmark reaffirmed a “buy” rating and issued a $1,875.00 price objective on shares of MicroStrategy in a report on Thursday. BTIG Research lifted their price objective on shares of MicroStrategy from $780.00 to $1,800.00 and gave the company a “buy” rating in a report on Friday, April 5th. StockNews.com raised shares of MicroStrategy to a “sell” rating in a report on Monday, March 18th. Finally, TD Cowen cut their price objective on shares of MicroStrategy from $1,560.00 to $1,450.00 and set an “outperform” rating for the company in a report on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,473.00.

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.