MicroStrategy stock is trading -26.47% below its average target price of $192.41 after marking a 8.2% during today's morning session. Analysts are giving the Large-Cap Software company an average rating of buy and target prices ranging from $146.0 to $289.0 per share.
The stock has an unusually large proportion of its shares sold short at 15.3%, and a short ratio of 2.52. The company's insiders own 0.26% 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 52.7% of MicroStrategy's shares being owned by this investor type.
Institutions Invested in MicroStrategy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Capital International Investors | 99% | 17,255,250 | $2,441,100,238 |
| 2024-06-30 | Vanguard Group Inc | 89% | 15,501,520 | $2,193,000,053 |
| 2024-06-30 | Blackrock Inc. | 50% | 8,810,770 | $1,246,459,642 |
| 2024-06-30 | Morgan Stanley | 45% | 7,821,110 | $1,106,452,441 |
| 2024-06-30 | Susquehanna International Group, LLP | 22% | 3,781,360 | $534,949,003 |
| 2024-06-30 | State Street Corporation | 18% | 3,104,930 | $439,254,450 |
| 2024-06-30 | Jane Street Group, LLC | 17% | 3,016,760 | $426,781,040 |
| 2024-06-30 | Geode Capital Management, LLC | 15% | 2,536,380 | $358,821,681 |
| 2024-06-30 | Norges Bank Investment Management | 9% | 1,578,900 | $223,366,984 |
| 2024-06-30 | Northern Trust Corporation | 8% | 1,415,000 | $200,180,051 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on MicroStrategy.
