The stock of MicroStrategy Incorporated (NASDAQ:MSTR) is a huge mover today! About 459,321 shares traded hands or 270.24% up from the average. MicroStrategy Incorporated (NASDAQ:MSTR) has risen 0.88% since March 28, 2016 and is uptrending. It has underperformed by 3.83% the S&P500.
The move comes after 6 months positive chart setup for the $2.21 billion company. It was reported on Oct, 28 by Barchart.com. We have $304.71 PT which if reached, will make NASDAQ:MSTR worth $1.26B more.
MicroStrategy Incorporated (NASDAQ:MSTR) Ratings Coverage
Out of 8 analysts covering MicroStrategy (NASDAQ:MSTR), 4 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 50% are positive. MicroStrategy has been the topic of 11 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Citigroup initiated MicroStrategy Incorporated (NASDAQ:MSTR) rating on Monday, April 11. Citigroup has “Buy” rating and $230 price target. The rating was maintained by Mizuho on Friday, July 29 with “Neutral”. Mizuho initiated it with “Buy” rating and $200 target price in Friday, December 11 report. SunTrust upgraded the shares of MSTR in a report on Tuesday, August 4 to “Buy” rating. The firm has “Market Perform” rating given on Friday, July 29 by JMP Securities. The rating was maintained by Deutsche Bank with “Buy” on Friday, September 11. The stock of MicroStrategy Incorporated (NASDAQ:MSTR) has “Hold” rating given on Monday, October 19 by Lake Street. The rating was initiated by Brean Capital with “Hold” on Tuesday, January 12. Deutsche Bank maintained it with “Buy” rating and $200.0 target price in Monday, January 11 report.
According to Zacks Investment Research, “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.”
Insitutional Activity: The institutional sentiment decreased to 1.14 in Q2 2016. Its down 0.89, from 2.03 in 2016Q1. The ratio dropped, as 28 funds sold all MicroStrategy Incorporated shares owned while 51 reduced positions. 17 funds bought stakes while 73 increased positions. They now own 9.24 million shares or 4.61% less from 9.69 million shares in 2016Q1.
First Republic Mngmt Inc holds 0.01% or 3,212 shares in its portfolio. Century Cos has 0.01% invested in the company for 45,399 shares. Credit Suisse Ag last reported 10,171 shares in the company. New York State Teachers Retirement Systems last reported 0.01% of its portfolio in the stock. Us Comml Bank De has 0% invested in the company for 315 shares. Assetmark last reported 3 shares in the company. Gotham Asset Management Ltd Llc has 173,957 shares for 0.36% of their US portfolio. Tudor Inv Corporation Et Al has 6,304 shares for 0.02% of their US portfolio. Bancorp Of Montreal Can has invested 0.02% of its portfolio in MicroStrategy Incorporated (NASDAQ:MSTR). Glenmede Trust Na, a Pennsylvania-based fund reported 20 shares. Cwm Ltd reported 260 shares or 0% of all its holdings. Whale Rock Cap Mgmt Ltd Liability owns 189,930 shares or 2.76% of their US portfolio. Jacobs Levy Equity Mgmt reported 83,926 shares or 0.3% of all its holdings. Ubs Asset Mgmt Americas holds 0% of its portfolio in MicroStrategy Incorporated (NASDAQ:MSTR) for 4,057 shares. Ls Inv Advsrs Lc holds 326 shares or 0% of its portfolio.
More notable recent MicroStrategy Incorporated (NASDAQ:MSTR) news were published by: Fool.com which released: “MicroStrategy Incorporated Earnings Fall on Lower Sales, Forex Losses” on May 02, 2016, also Fool.com with their article: “MicroStrategy Incorporated’s Earnings Soar on Lower Costs” published on January 30, 2016, Prnewswire.com published: “MicroStrategy Desktopâ„¢ Now Available at No Charge” on October 17, 2016. More interesting news about MicroStrategy Incorporated (NASDAQ:MSTR) were released by: Fool.com and their article: “MicroStrategy Inc. Earnings Fall 16%” published on August 05, 2016 as well as Prnewswire.com‘s news article titled: “Stuller, Inc. Shines Brighter with MicroStrategy 10â„¢” with publication date: October 03, 2016.
MSTR Company Profile
MicroStrategy Incorporated (MicroStrategy), incorporated on November 17, 1989, is a well-known provider of enterprise software platforms. The Firm is engaged in providing enterprise analytics, mobile and security platforms. The Company’s MicroStrategy 10 consolidates analytics, mobility and security in a single integrated platform, available both as on-premises software and as a hosted service offering in MicroStrategy Secure Cloud. MicroStrategy’s enterprise platform combines traditional business intelligence functionality with data discovery, mobile analytics and enterprise security. MicroStrategy 10 consists of MicroStrategy Analytics, MicroStrategy Mobile and Usher.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.