In today’s recent session, 3.23 million shares of the Microstrategy Inc (NASDAQ:MSTR) have been traded, and its beta is 3.33. Most recently the company’s share price was $334.49, and it changed around $6.93 or 2.12% from the last close, which brings the market valuation of the company to $84.05B. MSTR at last check was trading at a discount to its 52-week high of $543.00, offering almost -62.34% off that amount. The share price’s 52-week low was $52.51, which indicates that the recent value has risen by an impressive 84.3% since then. We note from Microstrategy Inc’s average daily trading volume that its 10-day average is 14.19 million shares, with the 3-month average coming to 26.83 million.
Microstrategy Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 0 recommended MSTR as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Microstrategy Inc is expected to report earnings per share of -0.02 for the current quarter.
Microstrategy Inc (NASDAQ:MSTR) trade information
Instantly MSTR has been showing a green trend so far today with a performance of 2.12% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 353.79 on recent trading dayincreased the stock’s daily price by 5.46%. The company’s shares are currently up 15.49% year-to-date, but still down -3.63% over the last five days. On the other hand, Microstrategy Inc (NASDAQ:MSTR) is 0.84% up in the 30-day period. We can see from the shorts that 24.47 million shares have been sold at a short interest cover period of 1.1 day(s).
The consensus price target as assigned by Wall Street analysts is $270, which translates to bulls needing to decrease their stock price by -23.89% from its current value. Analyst projections state that MSTR is forecast to be at a low of $146 and a high of $570.
Microstrategy Inc (MSTR) estimates and forecasts
The year-over-year growth rate is expected to be 3.67%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 116.07M in revenue for the current quarter. 7 analysts expect Microstrategy Inc to make 116.06M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 115.25M and 111.44M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 0.72%. Forecasts for the next quarter put sales growth at 4.14%.
MSTR Dividends
Microstrategy Inc’s next quarterly earnings report is expected to be released in March.
Microstrategy Inc (NASDAQ:MSTR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.19% of Microstrategy Inc shares, and 42.75% of them are in the hands of institutional investors. The stock currently has a share float of 42.83%. Microstrategy Inc stock is held by 1035.0 institutions, with CAPITAL INTERNATIONAL INVESTORS being the largest institutional investor. By 2024-06-30, it held 10.0356% of the shares, which is about 1.73 million shares worth $2.38 billion.
VANGUARD GROUP INC, with 9.0157% or 1.55 million shares worth $2.14 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Growth Fund of America Inc and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 6.42 shares worth $2.14 billion, making up 2.77% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 5.54 shares worth around $1.85 billion, which represents about 2.39% of the total shares outstanding.
