MicroStrategy Incorporated (NASDAQ:MSTR)’s share price reached a new 52-week high on Monday . The stock traded as high as $152.38 and last traded at $149.94, with a volume of 2662 shares trading hands. The stock had previously closed at $150.65.

Several equities analysts have weighed in on MSTR shares. BidaskClub downgraded shares of MicroStrategy from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 27th. Zacks Investment Research downgraded shares of MicroStrategy from a “strong-buy” rating to a “hold” rating in a report on Friday, December 28th. BWS Financial started coverage on shares of MicroStrategy in a report on Monday, February 11th. They set a “buy” rating and a $200.00 target price for the company. Finally, ValuEngine upgraded shares of MicroStrategy from a “hold” rating to a “buy” rating in a report on Tuesday, February 12th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $180.00.

The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 87.96 and a beta of 0.55.

MicroStrategy (NASDAQ:MSTR) last released its earnings results on Tuesday, January 29th. The software maker reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.15 by ($0.85). The company had revenue of $131.92 million during the quarter, compared to analyst estimates of $136.42 million. MicroStrategy had a return on equity of 3.23% and a net margin of 4.52%. Equities analysts predict that MicroStrategy Incorporated will post 2 earnings per share for the current fiscal year.

A number of hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC lifted its position in MicroStrategy by 5.3% during the fourth quarter. Geode Capital Management LLC now owns 111,021 shares of the software maker’s stock valued at $14,182,000 after buying an additional 5,635 shares in the last quarter. Norges Bank acquired a new position in MicroStrategy during the fourth quarter valued at approximately $27,952,000. Dimensional Fund Advisors LP lifted its position in MicroStrategy by 1.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 261,572 shares of the software maker’s stock valued at $33,416,000 after buying an additional 3,470 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in MicroStrategy by 48.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 253 shares of the software maker’s stock valued at $32,000 after buying an additional 82 shares in the last quarter. Finally, Potrero Capital Research LLC acquired a new position in MicroStrategy during the fourth quarter valued at approximately $1,022,000. 76.87% of the stock is currently owned by hedge funds and other institutional investors.

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MicroStrategy Company Profile (NASDAQ:MSTR)

MicroStrategy Incorporated provides enterprise analytics and mobility software platforms worldwide. It offers MicroStrategy Consulting that provides customers with assessment, advisory, architecture, and deployment services to guide their customers in defining, developing, and delivering business analytics solutions for their enterprises across various industries; and MicroStrategy Education, which consists of classroom-based courses, instructor-led courses, recorded courses, self-paced e-learning modules, customer on-site training, and enterprise E-Courseware options for large organizations in various languages.

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