MicroStrategy's (MSTR) Surging Stock – What's Driving the Rise?

Shares of MicroStrategy rose to $1404.97 during today's afternoon trading session. Despite the 8.1% change, the Large-Cap Software company still trades 60.02% above its average analyst target price of $878.0. So there may be further downside for the Software stock. MicroStrategy has target prices ranging from $537.0 to $1220.0 per share, and its average rating is buy.

The stock has an unusually large proportion of its shares sold short at 22.4%, and a short ratio of 2.26. The company's insiders own 0.33% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 61.1% of MicroStrategy's shares being owned by this investor type.

Institutions Invested in MicroStrategy

Date Reported Holder Percentage Shares Value
2023-12-31 Capital International Investors 10% 1,558,897 $2,186,711,558
2023-12-31 Vanguard Group Inc 8% 1,151,977 $1,615,912,674
2023-12-31 Blackrock Inc. 7% 1,023,418 $1,435,579,111
2023-12-31 Morgan Stanley 4% 602,441 $845,062,052
2023-12-31 FMR, LLC 4% 558,914 $784,005,424
2023-12-31 Susquehanna International Group, LLP 2% 287,180 $402,835,995
2023-12-31 Geode Capital Management, LLC 2% 271,311 $380,576,073
2023-12-31 State Street Corporation 2% 272,305 $381,970,387
2023-12-31 Northern Trust Corporation 1% 119,765 $167,997,956
2023-12-31 Invesco Ltd. 1% 116,069 $162,813,466
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.