Maxim Group has recently reiterated MicroStrategy Inc (MSTR) stock to Buy rating, as announced on October 31, 2024, according to Finviz. Earlier, on September 6, 2024, Barclays had initiated the stock to Overweight, setting a price target of $146. Cantor Fitzgerald also initiated Overweight rating with a price target of $194. Additionally, Maxim Group initiated Buy rating on June 25, 2024, with a target price of $1835. Bernstein analysts, in their report published on June 14, 2024, also initiated Outperform rating and set a price target of $2890 for MicroStrategy Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
MicroStrategy Inc (MSTR) Stock Trading Recap
On Tuesday, MicroStrategy Inc (MSTR) stock saw a decline, ending the day at $373.43 which represents a decrease of $-6.87 or -1.81% from the prior close of $380.3. The stock opened at $367.85 and touched a low of $362.67 during the day, reaching a high of $393.12. The volume of shares traded was 22.68 million falling short of the average volume of 22.82 million.
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MSTR Stock Performance and Moving Averages
In recent trading, MicroStrategy Inc (MSTR) stock price has shown some volatility, fluctuating -7.44% over the last five trades and 62.57% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 127.87%, and it has gained 199.10% in the previous three months. Currently, MSTR is trading at 4.96%, 42.06%, and 117.96% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, MSTR, a Technology sector stock, is trading -31.23% below its 52-week high but remains 751.14% above its 52-week low. The Average True Range (ATR) (14 days) of 43.83 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
MicroStrategy Inc’s Profitability and Valuation Ratios
MicroStrategy Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of -12.05% and a profit margin of -87.05%, with a gross margin of 127.87%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, MicroStrategy Inc’s market capitalization stands at $83.90 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 179.57, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 20.05, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.00% of MicroStrategy Inc (MSTR)’s shares, while financial institutions hold 42.22%.
Notable insider trades include GRAHAM STEPHEN X, Director at MicroStrategy Inc (MSTR), who sold 20000 shares on Nov 21 ’24, at $451.36 each, totaling $9.03 million. On Nov 13 ’24, Shao Wei-Ming, SEVP & General Counsel, sold 18000 shares for $368.01 each, amounting to $6.62 million. Additionally, on Nov 14 ’24, Shao Wei-Ming sold 1252 shares at $322.45 each, generating $0.40 million.
