From Nasdaq: 2024-06-25 14:12:50

Fintel reports Maxim Group initiated coverage of MicroStrategy (NasdaqGS:MSTR) with a Buy recommendation on June 25, 2024. Analysts project a 30.60% upside with an average one-year price target of 1,792.09. The projected annual revenue for MicroStrategy is 540MM with a non-GAAP EPS of 0.43.

There are 859 funds or institutions reporting positions in MicroStrategy, up by 254 owners or 41.98% in the last quarter. The average portfolio weight of all funds dedicated to MSTR is 0.68%, an increase of 49.23%. Institutions own 11,081K shares, up by 17.84% in the last three months. The put/call ratio of MSTR is 1.18, suggesting a bearish outlook.

Key institutional shareholders include Capital International Investors, holding 1,792K shares representing 10.10% ownership. AGTHX – GROWTH FUND OF AMERICA holds 838K shares, representing 4.73% ownership. ANCFX – AMERICAN FUNDS FUNDAMENTAL INVESTORS holds 612K shares, representing 3.45% ownership. VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 472K shares, representing 2.66% ownership. NAESX – Vanguard Small-Cap Index Fund Investor Shares holds 383K shares, representing 2.16% ownership.

MicroStrategy is a leader in enterprise analytics and mobility software, providing innovative solutions for better business decision-making. Fintel offers comprehensive investing research tools, including fundamentals, ownership data, fund sentiment, insider trading, and more. Explore exclusive stock picks powered by advanced quantitative models for improved profits.

Read more at Nasdaq: Maxim Group Initiates Coverage of MicroStrategy (MSTR) with Buy Recommendation