Blue Trust Inc. Purchases 1,406 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Blue Trust Inc. grew its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 4,535.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,437 shares of the software maker's stock after acquiring an additional 1,406 shares during the period. Blue Trust Inc.'s holdings in MicroStrategy were worth $416,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Geode Capital Management LLC grew its stake in shares of MicroStrategy by 990.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker's stock valued at $465,573,000 after buying an additional 2,512,645 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of MicroStrategy by 587.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker's stock worth $111,994,000 after buying an additional 567,628 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of MicroStrategy by 971.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker's stock worth $107,855,000 after buying an additional 579,994 shares during the last quarter. Swiss National Bank boosted its stake in shares of MicroStrategy by 904.7% in the 3rd quarter. Swiss National Bank now owns 468,200 shares of the software maker's stock worth $78,939,000 after buying an additional 421,600 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of MicroStrategy by 21.0% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 415,098 shares of the software maker's stock worth $120,221,000 after buying an additional 71,934 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MSTR has been the topic of a number of research analyst reports. TD Cowen boosted their target price on MicroStrategy from $392.00 to $525.00 and gave the stock a "buy" rating in a research note on Monday, November 25th. Canaccord Genuity Group cut their target price on MicroStrategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Benchmark restated a "buy" rating and issued a $650.00 target price on shares of MicroStrategy in a research note on Tuesday, January 14th. Maxim Group upped their price objective on MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Finally, Cantor Fitzgerald upped their price objective on MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $536.90.

MicroStrategy Stock Performance

MSTR stock traded down $24.23 during midday trading on Friday, reaching $299.69. 17,854,873 shares of the company's stock traded hands, 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 company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. MicroStrategy Incorporated has a 52 week low of $67.81 and a 52 week high of $543.00. The firm has a market capitalization of $71.82 billion, a PE ratio of -53.20 and a beta of 3.25.

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 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%.

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.