Cordatus Wealth Management LLC Takes $246,000 Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Cordatus Wealth Management LLC purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 850 shares of the software maker's stock, valued at approximately $246,000.

Other institutional investors also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new position in shares of MicroStrategy during the 3rd quarter valued at approximately $27,000. Sunbelt Securities Inc. lifted its holdings in MicroStrategy by 900.0% during the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker's stock valued at $27,000 after purchasing an additional 144 shares in the last quarter. Aspect Partners LLC acquired a new stake in shares of MicroStrategy in the fourth quarter valued at about $28,000. Private Wealth Management Group LLC increased its stake in shares of MicroStrategy by 208.8% during the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker's stock worth $30,000 after purchasing an additional 71 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of MicroStrategy during the 3rd quarter worth about $32,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MSTR has been the topic of several research analyst reports. Cantor Fitzgerald lifted their price objective on MicroStrategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Sanford C. Bernstein reiterated an "outperform" rating and set a $600.00 price target on shares of MicroStrategy in a research report on Thursday, December 12th. TD Cowen raised their price objective on MicroStrategy from $392.00 to $525.00 and gave the company a "buy" rating in a report on Monday, November 25th. Benchmark restated a "buy" rating and set a $650.00 target price on shares of MicroStrategy in a report on Tuesday, January 14th. Finally, Mizuho began coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price objective for the company. One research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $536.90.

MicroStrategy Stock Down 7.5 %

NASDAQ MSTR traded down $24.23 during trading on Friday, reaching $299.69. 17,854,873 shares of the company's stock were exchanged, compared to its average volume of 16,638,439. The company has a 50 day moving average price of $342.30 and a two-hundred day moving average price of $267.09. The stock has a market cap of $71.82 billion, a P/E ratio of -53.20 and a beta of 3.25. MicroStrategy Incorporated has a 1 year low of $67.81 and a 1 year high of $543.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

MicroStrategy Profile

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.