Blair William & Co. IL Purchases 2,523 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Blair William & Co. IL increased its stake in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 20.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,158 shares of the software maker's stock after purchasing an additional 2,523 shares during the period. Blair William & Co. IL's holdings in MicroStrategy were worth $4,390,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. National Bank of Canada FI raised its holdings in shares of MicroStrategy by 746.2% during the 3rd quarter. National Bank of Canada FI now owns 20,647 shares of the software maker's stock worth $3,481,000 after buying an additional 18,207 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in MicroStrategy during the fourth quarter worth about $81,783,000. Clarity Capital Partners LLC lifted its holdings in shares of MicroStrategy by 122.3% in the fourth quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker's stock worth $7,274,000 after acquiring an additional 13,817 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of MicroStrategy in the 3rd quarter valued at approximately $254,000. Finally, Wellington Management Group LLP lifted its stake in shares of MicroStrategy by 979.8% in the 3rd quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker's stock valued at $1,134,000 after acquiring an additional 6,104 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MSTR. Barclays decreased their price objective on shares of MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Mizuho began coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price objective for the company. Cantor Fitzgerald increased their price target on MicroStrategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Compass Point upgraded shares of MicroStrategy to a "strong-buy" rating in a report on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods began coverage on MicroStrategy in a research report on Friday, February 7th. They set an "outperform" rating and a $560.00 target price on the stock. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $508.09.

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MicroStrategy Stock Performance

Shares of MSTR stock traded up $17.75 during trading hours on Tuesday, hitting $306.02. 16,661,499 shares of the company were exchanged, compared to its average volume of 17,870,286. 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 stock has a market capitalization of $78.75 billion, a price-to-earnings ratio of -54.33 and a beta of 3.36. The firm has a fifty day simple moving average of $311.48 and a 200 day simple moving average of $297.16. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00.

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

Insider Buying and Selling

In related news, CEO Phong Le acquired 6,000 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The shares were acquired at an average price of $85.00 per share, with a total value of $510,000.00. Following the acquisition, the chief executive officer now owns 6,000 shares of the company's stock, valued at approximately $510,000. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Jeanine Montgomery sold 481 shares of the company's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $329.27, for a total value of $158,378.87. Following the completion of the transaction, the chief accounting officer now owns 7,805 shares in the company, valued at $2,569,952.35. This represents a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders bought 8,000 shares of company stock valued at $680,000 and sold 22,998 shares valued at $7,671,926. 9.16% of the stock is currently owned by insiders.

MicroStrategy Company 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.