MicroStrategy Incorporated (NASDAQ:MSTR) Position Increased by CAP Partners LLC

CAP Partners LLC lifted its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 1,349.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,844 shares of the software maker's stock after buying an additional 7,303 shares during the period. MicroStrategy accounts for approximately 1.0% of CAP Partners LLC's holdings, making the stock its 26th biggest position. CAP Partners LLC's holdings in MicroStrategy were worth $1,322,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. UMB Bank n.a. grew its position in MicroStrategy by 900.0% in the 3rd quarter. UMB Bank n.a. now owns 150 shares of the software maker's stock worth $25,000 after purchasing an additional 135 shares during the last quarter. AlphaMark Advisors LLC boosted its position in shares of MicroStrategy by 2,900.0% during the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker's stock worth $25,000 after buying an additional 145 shares during the period. Capital Performance Advisors LLP bought a new position in MicroStrategy in the 3rd quarter worth approximately $27,000. ST Germain D J Co. Inc. increased its position in MicroStrategy by 900.0% in the 3rd quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker's stock valued at $29,000 after acquiring an additional 153 shares during the period. Finally, Fairman Group LLC raised its stake in MicroStrategy by 900.0% during the 3rd quarter. Fairman Group LLC now owns 200 shares of the software maker's stock valued at $34,000 after acquiring an additional 180 shares in the last quarter. Institutional investors and hedge funds own 72.03% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on MSTR. BTIG Research lifted their price objective on shares of MicroStrategy from $180.00 to $240.00 and gave the company a "buy" rating in a research note on Monday, October 21st. Sanford C. Bernstein reduced their price target on shares of MicroStrategy from $2,890.00 to $290.00 and set an "outperform" rating for the company in a research note on Wednesday, October 9th. Canaccord Genuity Group raised their price objective on shares of MicroStrategy from $173.00 to $300.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Cantor Fitzgerald assumed coverage on MicroStrategy in a research report on Wednesday, August 21st. They issued an "overweight" rating and a $194.00 target price for the company. Finally, Benchmark lifted their price target on MicroStrategy from $245.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating and eight have issued a buy rating to the company. Based on data from MarketBeat, MicroStrategy has an average rating of "Moderate Buy" and an average price target of $271.13.

MicroStrategy Price Performance

Shares of NASDAQ MSTR traded up $44.14 during mid-day trading on Monday, reaching $384.79. The company had a trading volume of 32,272,305 shares, compared to its average volume of 17,238,508. The company has a 50-day moving average price of $204.83 and a two-hundred day moving average price of $166.15. The stock has a market cap of $77.98 billion, a PE ratio of -174.21 and a beta of 3.05. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.12. MicroStrategy Incorporated has a 1-year low of $43.87 and a 1-year high of $388.49.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The software maker reported ($1.56) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by ($1.44). MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The company had revenue of $116.07 million during the quarter, compared to analysts' expectations of $121.45 million. During the same period in the prior year, the business posted ($8.98) EPS. The company's revenue for the quarter was down 10.3% compared to the same quarter last year.

Insider Activity at MicroStrategy

In other MicroStrategy news, EVP Wei-Ming Shao sold 3,000 shares of MicroStrategy stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $141.20, for a total transaction of $423,600.00. Following the transaction, the executive vice president now owns 6,460 shares of the company's stock, valued at $912,152. The trade was a 31.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Andrew Kang sold 5,700 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $257.15, for a total transaction of $1,465,755.00. Following the completion of the sale, the chief financial officer now directly owns 12,080 shares of the company's stock, valued at $3,106,372. This trade represents a 32.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 134,954 shares of company stock worth $30,553,037. 13.18% of the stock is owned by corporate 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.