MicroStrategy Inc. (NASDAQ:MSTR) rose 2% during trading on Friday . The company traded as high as $186.37 and last traded at $185.89, with a volume of 114,448 shares changing hands. The stock had previously closed at $182.21.

MSTR has been the subject of a number of recent research reports. Zacks Investment Research cut shares of MicroStrategy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 6th. Citigroup Inc. initiated coverage on shares of MicroStrategy in a report on Monday, April 11th. They issued a “buy” rating and a $230.00 price objective for the company. Deutsche Bank AG reissued a “buy” rating and issued a $200.00 price objective on shares of MicroStrategy in a report on Tuesday, April 19th. Brean Capital reissued a “hold” rating on shares of MicroStrategy in a report on Thursday, April 28th. Finally, SunTrust Banks Inc. reissued a “buy” rating and issued a $225.00 price objective on shares of MicroStrategy in a report on Thursday, May 5th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. MicroStrategy currently has an average rating of “Buy” and a consensus price target of $215.43.

The firm has a 50-day moving average of $182.19 and a 200 day moving average of $173.81. The company has a market capitalization of $2.14 billion and a P/E ratio of 21.69.

MicroStrategy (NASDAQ:MSTR) last issued its earnings results on Wednesday, April 27th. The company reported $1.24 EPS for the quarter, missing the consensus estimate of $1.93 by $0.69. During the same quarter in the prior year, the firm earned $1.79 EPS. The business had revenue of $119 million for the quarter, compared to the consensus estimate of $126.99 million. The business’s quarterly revenue was down 4.0% on a year-over-year basis. On average, equities research analysts forecast that MicroStrategy Inc. will post $8.73 EPS for the current year.

Other large investors recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in shares of MicroStrategy by 172.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 130,944 shares of the company’s stock valued at $23,477,000 after buying an additional 82,851 shares during the last quarter. Principal Financial Group Inc. increased its position in MicroStrategy by 4.5% in the fourth quarter. Principal Financial Group Inc. now owns 62,804 shares of the company’s stock valued at $11,261,000 after buying an additional 2,730 shares during the period. GSA Capital Partners LLP increased its position in MicroStrategy by 52.8% in the fourth quarter. GSA Capital Partners LLP now owns 8,949 shares of the company’s stock valued at $1,604,000 after buying an additional 3,092 shares during the period. California Public Employees Retirement System increased its position in MicroStrategy by 1.6% in the fourth quarter. California Public Employees Retirement System now owns 32,700 shares of the company’s stock valued at $5,863,000 after buying an additional 500 shares during the period. Finally, Rhumbline Advisers increased its position in MicroStrategy by 6.9% in the fourth quarter. Rhumbline Advisers now owns 12,779 shares of the company’s stock valued at $2,291,000 after buying an additional 820 shares during the period.

MicroStrategy Incorporated is a provider of enterprise-ready analytics, mobile, and security software platforms. The MicroStrategy Analytics Platform provides organizations to analyze vast amounts of data and distribute actionable business insight throughout an enterprise through two offerings: MicroStrategy Analytics Platform and MicroStrategy Analytics Desktop.

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