This afternoon we watched MicroStrategy rise 9.8% to a price of $358.43 per share. The Large-Cap Software company is now trading -30.9% below its average target price of $518.68. Analysts have set target prices ranging from $212.11 to $650.0 per share for MicroStrategy, and have given the stock an average rating of buy.
MicroStrategy has an elevated short interest of 10.9%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 0.63. At 0.2%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. MicroStrategy's rate of institutional ownership is 42.4%, which indicates a decent level of confidence in the stock. Based on these factors, Market Inference considers MicroStrategy to be the target of mixed market sentiment.
Institutions Invested in MicroStrategy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Capital International Investors | 8% | 17,528,145 | $6,282,560,462 |
| 2024-09-30 | Vanguard Group Inc | 8% | 17,452,753 | $6,255,537,933 |
| 2024-09-30 | Morgan Stanley | 4% | 9,595,008 | $3,439,109,951 |
| 2024-09-30 | Blackrock Inc. | 4% | 9,477,584 | $3,397,022,018 |
| 2024-09-30 | State Street Corporation | 2% | 3,322,631 | $1,190,920,667 |
| 2024-09-30 | Geode Capital Management, LLC | 1% | 2,766,283 | $991,510,522 |
| 2024-09-30 | Susquehanna International Group, LLP | 1% | 2,754,659 | $987,344,166 |
| 2024-06-30 | Norges Bank Investment Management | 1% | 1,578,900 | $565,920,393 |
| 2024-09-30 | Clear Street Derivatives LLC | 1% | 1,307,134 | $468,512,120 |
| 2024-09-30 | Jane Street Group, LLC | 0% | 1,055,191 | $378,208,946 |
