Blueprint Investment Partners LLC Invests $636,000 in MicroStrategy Incorporated (NASDAQ:MSTR)

Blueprint Investment Partners LLC purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,197 shares of the software maker's stock, valued at approximately $636,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Riverview Trust Co purchased a new position in MicroStrategy in the fourth quarter valued at $25,000. IAG Wealth Partners LLC acquired a new position in MicroStrategy during the fourth quarter worth $25,000. Parkside Financial Bank & Trust grew its stake in shares of MicroStrategy by 422.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Aspect Partners LLC acquired a new stake in MicroStrategy in the fourth quarter valued at approximately $28,000. Finally, Private Wealth Management Group LLC grew its holdings in MicroStrategy by 208.8% during the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker's stock worth $30,000 after acquiring an additional 71 shares in the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

MicroStrategy Price Performance

Shares of MicroStrategy stock traded up $4.95 on Tuesday, hitting $340.67. The company's stock had a trading volume of 8,229,342 shares, compared to its average volume of 18,046,719. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The firm has a fifty day moving average price of $317.26 and a 200-day moving average price of $290.51. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00. The company has a market capitalization of $87.67 billion, a P/E ratio of -60.51 and a beta of 3.36.

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MicroStrategy (NASDAQ:MSTR - Get Free Report) last posted 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%.

Insider Activity at MicroStrategy

In other news, CFO Andrew Kang bought 1,500 shares of the firm's stock in a transaction on Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, for a total transaction of $127,500.00. Following the transaction, the chief financial officer now owns 1,500 shares in the company, valued at approximately $127,500. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Phong Le acquired 6,000 shares of the company's stock in a transaction dated Thursday, March 20th. The stock was purchased at an average cost of $85.00 per share, for a total transaction of $510,000.00. Following the purchase, the chief executive officer now directly owns 6,000 shares in the company, valued at approximately $510,000. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders purchased 8,000 shares of company stock worth $680,000. Corporate insiders own 9.16% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on MSTR shares. Compass Point upgraded shares of MicroStrategy to a "strong-buy" rating in a report on Wednesday, January 29th. Maxim Group increased their price target on shares of MicroStrategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. Monness Crespi & Hardt started coverage on shares of MicroStrategy in a report on Wednesday, March 19th. They issued a "neutral" rating for the company. Cantor Fitzgerald raised 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. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and set a $600.00 price objective on shares of MicroStrategy in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $536.90.

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.