Beacon Capital Management LLC Acquires New Shares in MicroStrategy Incorporated (NASDAQ:MSTR)

Beacon Capital Management LLC bought a new stake in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,520 shares of the software maker's stock, valued at approximately $1,020,000.

A number of other institutional investors have also recently bought and sold shares of MSTR. AlphaMark Advisors LLC grew its stake in shares of MicroStrategy by 2,900.0% in the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker's stock valued at $25,000 after purchasing an additional 145 shares during the period. Capital Performance Advisors LLP bought a new stake in MicroStrategy in the third quarter valued at $27,000. Sunbelt Securities Inc. grew its position in MicroStrategy by 900.0% in the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker's stock valued at $27,000 after acquiring an additional 144 shares during the period. ST Germain D J Co. Inc. raised its stake in MicroStrategy by 900.0% during the third quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker's stock worth $29,000 after acquiring an additional 153 shares in the last quarter. Finally, Private Wealth Management Group LLC lifted its holdings 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 valued at $30,000 after acquiring an additional 71 shares during the period. Institutional investors and hedge funds own 59.84% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Cantor Fitzgerald increased their target price on shares of MicroStrategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. BTIG Research raised their price objective on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a report on Thursday, November 21st. Barclays reduced their target price on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a report on Monday, February 10th. Benchmark reaffirmed a "buy" rating and set a $650.00 price target on shares of MicroStrategy in a report on Tuesday, January 14th. Finally, Maxim Group boosted their price objective on MicroStrategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $536.90.

MicroStrategy Trading Down 4.6 %

Shares of MSTR traded down $15.30 during trading hours on Wednesday, hitting $318.67. 16,951,128 shares of the stock traded hands, compared to its average volume of 16,733,545. The business has a fifty day moving average of $345.85 and a 200-day moving average of $265.51. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $76.37 billion, a PE ratio of -56.57 and a beta of 3.25. MicroStrategy Incorporated has a 1-year low of $66.43 and a 1-year high of $543.00.

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

Insiders Place Their Bets

In other MicroStrategy news, Director Stephen X. Graham sold 20,000 shares of the stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $451.36, for a total value of $9,027,200.00. Following the transaction, the director now owns 6,970 shares of the company's stock, valued at approximately $3,145,979.20. This represents a 74.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 9.16% of the company's stock.

About MicroStrategy

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.