Microstrategy Inc. (NASDAQ: MSTR) is 97.67% higher on its value in year-to-date trading and has touched a low of $30.71 and a high of $200.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MSTR stock was last observed hovering at around $122.32 in the last trading session, with the day’s gains setting it 2.53%.
Currently trading at $124.85, the stock is -7.37% and -13.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.95 million and changing 2.07% at the moment leaves the stock 9.29% off its SMA200. MSTR registered 255.21% gain for a year compared to 6-month gain of 18.79%.
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The stock witnessed a -4.62% loss in the last 1 month and extending the period to 3 months gives it a -23.81%, and is -10.83% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.63% over the week and 7.31% over the month.
Microstrategy Inc. (MSTR) has around 1934 employees, a market worth around $22.05B and $480.63M in sales. Profit margin for the company is -43.69%. Distance from 52-week low is 306.53% and -37.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.18%).
The EPS is expected to shrink by -138.35% this year
785.0 institutions hold shares in Microstrategy Inc. (MSTR), with institutional investors hold 52.87% of the company’s shares. The shares outstanding are 176.64M, and float is at 174.40M with Short Float at 14.30%. Institutions hold 52.73% of the Float.
The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 1.73 million shares valued at $2.38 billion. The investor’s holdings represent 10.0356 of the MSTR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.55 million shares valued at $2.14 billion to account for 9.0157 of the shares outstanding. The other top investors are CITADEL ADVISORS LLC which holds 1.39 million shares representing 8.0633 and valued at over $1.91 billion, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 6.4569 of the shares totaling 1.11 million with a market value of $1.53 trillion.
Microstrategy Inc. (MSTR) Insider Activity
The most recent transaction is an insider sale by Shao Wei-Ming, the company’s SEVP & General Counsel. SEC filings show that Shao Wei-Ming sold 9,000 shares of the company’s common stock on Aug 23 ’24 at a price of $144.00 per share for a total of $1.3 million. Following the sale, the insider now owns 6460.0 shares.
Microstrategy Inc. disclosed in a document filed with the SEC on Aug 22 ’24 that Shao Wei-Ming (SEVP & General Counsel) sold a total of 3,000 shares of the company’s common stock. The trade occurred on Aug 22 ’24 and was made at $141.20 per share for $0.42 million. Following the transaction, the insider now directly holds 6460.0 shares of the MSTR stock.
Still, SEC filings show that on Aug 22 ’24, Le Phong (President & CEO) disposed off 50,000 shares at an average price of $138.28 for $6.91 million. The insider now directly holds 12,670 shares of Microstrategy Inc. (MSTR).
