Wall Street Analysts' Outlook on MicroStrategy

MicroStrategy stock is trading -15.78% below its average target price of $1756.95 after dropping -7.7% during today's afternoon session. Analysts are giving the Large-Cap Software company an average rating of buy and target prices ranging from $1450.0 to $2047.0 per share.

MicroStrategy has an elevated short interest of 21.6%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 2.42. At 0.29%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. 63.1% of MicroStrategy shares are held by institutional investors, which indicates a high level of confidence in the stock.

Institutions Invested in MicroStrategy

Date Reported Holder Percentage Shares Value
2024-03-31 Capital International Investors 11% 1,791,564 $2,650,860,816
2024-03-31 Vanguard Group Inc 10% 1,553,048 $2,297,944,192
2024-03-31 Blackrock Inc. 8% 1,241,897 $1,837,554,279
2024-03-31 Morgan Stanley 6% 964,359 $1,426,899,338
2024-03-31 State Street Corporation 2% 334,627 $495,125,824
2024-03-31 Geode Capital Management, LLC 2% 333,107 $492,876,779
2024-03-31 FMR, LLC 2% 299,664 $443,393,345
2024-03-31 Susquehanna International Group, LLP 2% 244,863 $362,307,867
2024-03-31 Jane Street Group, LLC 1% 225,624 $333,841,169
2024-03-31 Northern Trust Corporation 1% 140,007 $207,159,258

For these reasons, we consider that the MicroStrategy is the subject of negative market sentiment.

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.