MicroStrategy Incorporated (MSTR) was Reiterated by Mizuho to “Neutral” while Lowering the Price Target of the company shares to $ 190 from a previous price target of $200 . Mizuho advised their investors in a research report released on Jul 29, 2016.
On the company’s financial health, MicroStrategy Incorporated reported $1.64 EPS for the quarter, missing the analyst consensus estimate by $ -0.56 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $2.20. The company had revenue of $123.14 million for the quarter, compared to analysts expectations of $127.28 million. The company’s revenue was down -7.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.95 EPS.
MicroStrategy Incorporated opened for trading at $185.36 and hit $186.76 on the upside on Thursday, eventually ending the session at $185.08, with a gain of 1.15% or 2.1 points. The heightened volatility saw the trading volume jump to 1,57,880 shares. Company has a market cap of $2,115 M.
In a different news, on Jun 12, 2015, Robert H Epstein (director) sold 1,731 shares at $180.50 per share price. According to the SEC, on May 6, 2015, Douglas King Thede (Senior EVP & CFO) sold 10,000 shares at $179.60 per share price.
MicroStrategy Incorporated is a provider of enterprise-ready analytics mobile and security software platforms. The MicroStrategy Analytics Platform provides organizations to analyze vast amounts of data and distribute actionable business insight throughout an enterprise through two offerings: MicroStrategy Analytics Platform and MicroStrategy Analytics Desktop. The Companys MicroStrategy Analytics Platform delivers reports and dashboards and provides users to conduct ad hoc analysis and share insights anywhere anytime through mobile devices or the Web. The MicroStrategy Analytics Platform is integrated with MicroStrategy Analytics Desktop a standalone desktop tool that provides business users to analyze and understand their data. The Companys services consists of various services lines including MicroStrategy technology services MicroStrategy professional services and MicroStrategy education services.