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

MSTR has been the subject of a number of research reports. Zacks Investment Research cut shares of MicroStrategy from a “hold” rating to a “sell” rating in a report on Friday. Brean Capital restated a “hold” rating on shares of MicroStrategy in a report on Thursday, April 28th. SunTrust Banks Inc. restated a “buy” rating and issued a $225.00 price objective on shares of MicroStrategy in a report on Thursday, May 5th. Mizuho restated a “buy” rating and issued a $200.00 price objective on shares of MicroStrategy in a report on Tuesday, May 24th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $200.00 price objective on shares of MicroStrategy in a report on Tuesday, April 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $215.43.

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

MicroStrategy (NASDAQ:MSTR) last released its earnings results on Wednesday, April 27th. The company reported $1.24 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.93 by $0.69. The business had revenue of $119 million for the quarter, compared to the consensus estimate of $126.99 million. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.79 EPS. On average, equities analysts forecast that MicroStrategy Inc. will post $8.73 earnings per share for the current fiscal year.

Several hedge funds and institutional investors recently made changes to their positions in the company. Nationwide Fund Advisors raised its position in shares of MicroStrategy by 1.2% in the fourth quarter. Nationwide Fund Advisors now owns 8,054 shares of the company’s stock valued at $1,444,000 after buying an additional 98 shares during the last quarter. First Trust Advisors LP bought a new position in shares of MicroStrategy during the fourth quarter valued at $1,591,000. GSA Capital Partners LLP raised its position in shares of 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 last quarter. Rhumbline Advisers raised its position in shares of 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 last quarter. Finally, Sei Investments Co. raised its position in shares of MicroStrategy by 11.4% in the fourth quarter. Sei Investments Co. now owns 14,804 shares of the company’s stock valued at $2,654,000 after buying an additional 1,511 shares during the last quarter.

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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