Microstrategy Inc (NASDAQ:MSTR)’s traded shares stood at 8.34 million during the latest session, with the company’s beta value hitting 3.26. At the last check today, the stock’s price was $390.82, to imply an increase of 6.49% or $23.82 in intraday trading. The MSTR share’s 52-week high remains $543.00, putting it -38.94% down since that peak but still an impressive 88.77% since price per share fell to its 52-week low of $43.87. The company has a valuation of $96.33B, with an average of 19.77 million shares in intraday trading volume over the past 10 days and average of 27.62 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Microstrategy Inc (MSTR), translating to a mean rating of 1.64. Of 6 analyst(s) looking at the stock, 0 analyst(s) give MSTR a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.05.
Microstrategy Inc (NASDAQ:MSTR) trade information
After registering a 6.49% upside in the latest session, Microstrategy Inc (MSTR) has traded red over the past five days. The 5-day price performance for the stock is 19.19%, and -4.33% over 30 days. With these gigs, the year-to-date price performance is 34.94%. Short interest in Microstrategy Inc (NASDAQ:MSTR) saw shorts transact 23.25 million shares and set a 0.93 days time to cover.
The extremes give us $146 and $570 for target low and target high price respectively. As such, MSTR has been trading -45.85% off suggested target high and 62.64% from its likely low.
Microstrategy Inc (MSTR) estimates and forecasts
The rating firms project that company’s revenue will shrink -5.71% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 122.67M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 116.08M.Earnings reports from the last fiscal year show that sales brought in 124.48M and 115.25M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -1.46% before jumping 0.72% in the following quarter.
MSTR Dividends
Microstrategy Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Microstrategy Inc (NASDAQ:MSTR)’s Major holders
Microstrategy Inc insiders hold 0.20% of total outstanding shares, with institutional holders owning 42.02% of the shares at 42.10% float percentage. In total, 42.02% institutions holds shares in the company, led by CAPITAL INTERNATIONAL INVESTORS. As of 2024-06-30, the company held over 1.73 million shares (or 10.0356% of shares), all amounting to roughly $2.38 billion.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 1.55 million shares, or about 9.0157% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.14 billion.
We also have Growth Fund of America Inc and Fundamental Investors Inc as the top two Mutual Funds with the largest holdings of the Microstrategy Inc (MSTR) shares. Going by data provided on Sep 30, 2024, Growth Fund of America Inc holds roughly 8.24 shares. This is just over 3.64% of the total shares, with a market valuation of $3.22 billion. Data from the same date shows that the other fund manager holds a little less at 6.28, or 2.78% of the shares, all valued at about 2.45 billion.
