MicroStrategy (MSTR) Scheduled to Post Quarterly Earnings on Monday

MicroStrategy (NASDAQ:MSTR) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, April 29th. Parties that are interested in participating in the company’s conference call can do so using this link.

MicroStrategy (NASDAQ:MSTR) last issued its earnings results on Tuesday, February 6th. The software maker reported $5.62 earnings per share (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 for the quarter, compared to analysts’ expectations of $134.90 million.

MicroStrategy Trading Up 3.4 %

Shares of MSTR stock opened at $1,282.38 on Friday. The company’s fifty day simple moving average is $1,351.21 and its two-hundred day simple moving average is $810.21. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.83 and a quick ratio of 0.83. MicroStrategy has a 1 year low of $266.00 and a 1 year high of $1,999.99. The stock has a market capitalization of $21.76 billion, a price-to-earnings ratio of 45.51 and a beta of 2.89.

Insider Buying and Selling

In related news, Chairman Michael J. Saylor sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $491.32, for a total value of $2,456,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Chairman Michael J. Saylor sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $491.32, for a total value of $2,456,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jarrod M. Patten sold 400 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $638.39, for a total transaction of $255,356.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 117,452 shares of company stock worth $122,745,797. Corporate insiders own 13.18% of the company’s stock.

Wall Street Analysts Forecast Growth

MSTR has been the topic of a number of analyst reports. Benchmark reissued a “buy” rating and set a $1,875.00 target price on shares of MicroStrategy in a report on Thursday. TD Cowen reduced their price target on shares of MicroStrategy from $1,560.00 to $1,450.00 and set an “outperform” rating for the company in a research report on Wednesday, March 20th. StockNews.com upgraded shares of MicroStrategy to a “sell” rating in a research report on Monday, March 18th. Canaccord Genuity Group restated a “buy” rating and set a $1,810.00 price target on shares of MicroStrategy in a research report on Thursday, March 28th. Finally, BTIG Research boosted 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 investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat, MicroStrategy presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,733.75.

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.