BWS Financial started coverage on shares of MicroStrategy (NASDAQ:MSTR) in a research note issued on Monday, The Fly reports. The brokerage set a “buy” rating on the software maker’s stock.

A number of other equities analysts have also issued reports on MSTR. BidaskClub raised MicroStrategy from a “hold” rating to a “buy” rating in a research note on Saturday, December 15th. Zacks Investment Research raised MicroStrategy from a “hold” rating to a “strong-buy” rating and set a $140.00 price target for the company in a research note on Wednesday, October 31st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $170.00.

Shares of MSTR stock opened at $130.78 on Monday. MicroStrategy has a 12-month low of $115.50 and a 12-month high of $151.23. The company has a market capitalization of $1.50 billion, a P/E ratio of 76.93 and a beta of 0.52.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Tuesday, January 29th. The software maker reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.85). MicroStrategy had a return on equity of 3.23% and a net margin of 4.52%. The business had revenue of $131.92 million during the quarter, compared to the consensus estimate of $136.42 million. On average, analysts anticipate that MicroStrategy will post 2.5 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of MSTR. ETRADE Capital Management LLC acquired a new stake in shares of MicroStrategy during the 4th quarter valued at $248,000. GAM Holding AG lifted its position in shares of MicroStrategy by 29.7% during the 4th quarter. GAM Holding AG now owns 2,974 shares of the software maker’s stock valued at $377,000 after acquiring an additional 681 shares during the last quarter. BlackRock Inc. lifted its position in shares of MicroStrategy by 1.6% during the 4th quarter. BlackRock Inc. now owns 1,619,440 shares of the software maker’s stock valued at $206,884,000 after acquiring an additional 25,070 shares during the last quarter. Tocqueville Asset Management L.P. acquired a new stake in shares of MicroStrategy during the 4th quarter valued at $4,241,000. Finally, Summit Global Investments lifted its position in shares of MicroStrategy by 3.8% during the 4th quarter. Summit Global Investments now owns 5,400 shares of the software maker’s stock valued at $690,000 after acquiring an additional 200 shares during the last quarter. 79.35% of the stock is owned by hedge funds and other institutional investors.

MicroStrategy Company Profile

MicroStrategy Incorporated provides enterprise software platforms worldwide. It offers MicroStrategy Analytics platform that delivers reports and dashboards, and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management for various reporting, analysis, and monitoring applications; MicroStrategy Web, a primary reporting interface for analysts that offers interactive reporting, dashboarding, and analysis through a Web browser; and MicroStrategy Desktop, an on-premise and single-user tool for easy-to-use self-service visual data discovery.

Featured Article: Are all No-Load Funds Equal?

The Fly

Receive News & Ratings for MicroStrategy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroStrategy and related companies with MarketBeat.com's FREE daily email newsletter.