MicroStrategy Inc. (NASDAQ:MSTR) shares fell 3.4% on Thursday . The stock traded as low as $183.24 and last traded at $183.94, with a volume of 96,067 shares. The stock had previously closed at $190.48.

Several research firms have weighed in on MSTR. Mizuho reiterated a “buy” rating and set a $200.00 target price on shares of MicroStrategy in a report on Tuesday, May 24th. Deutsche Bank AG reiterated a “buy” rating and set a $200.00 target price on shares of MicroStrategy in a report on Tuesday, April 19th. Zacks Investment Research lowered MicroStrategy from a “buy” rating to a “hold” rating in a report on Tuesday, May 3rd. Brean Capital reiterated a “hold” rating on shares of MicroStrategy in a report on Friday, June 24th. Finally, SunTrust Banks Inc. reiterated a “buy” rating and set a $225.00 target price on shares of MicroStrategy in a report on Thursday, May 5th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $215.43.

The stock’s 50 day moving average is $182.17 and its 200-day moving average is $174.19. The stock has a market cap of $2.15 billion and a PE ratio of 21.76.

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

Other hedge funds recently bought and sold shares of the company. Principal Financial Group Inc. increased its stake in MicroStrategy by 4.5% in the fourth quarter. Principal Financial Group Inc. now owns 62,804 shares of the company’s stock worth $11,261,000 after buying an additional 2,730 shares during the last quarter. GSA Capital Partners LLP increased its stake in MicroStrategy by 52.8% in the fourth quarter. GSA Capital Partners LLP now owns 8,949 shares of the company’s stock worth $1,604,000 after buying an additional 3,092 shares during the last quarter. California Public Employees Retirement System increased its stake in MicroStrategy by 1.6% in the fourth quarter. California Public Employees Retirement System now owns 32,700 shares of the company’s stock worth $5,863,000 after buying an additional 500 shares during the last quarter. Rhumbline Advisers increased its stake in MicroStrategy by 6.9% in the fourth quarter. Rhumbline Advisers now owns 12,779 shares of the company’s stock worth $2,291,000 after buying an additional 820 shares during the last quarter. Finally, First Trust Advisors LP bought a new stake in MicroStrategy during the fourth quarter worth $1,591,000.

MicroStrategy Incorporated (MicroStrategy) is a provider of enterprise software platforms. The Company is engaged in providing enterprise analytics, mobile and security platforms. The Company’s MicroStrategy 10 consolidates analytics, mobility and security in a single integrated platform, available both as on-premises software and as a hosted service offering in MicroStrategy Secure Cloud.

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