CAP Partners LLC Grows Stock Position in MicroStrategy Incorporated (NASDAQ:MSTR)

CAP Partners LLC raised its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 49.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,750 shares of the software maker's stock after buying an additional 3,906 shares during the quarter. MicroStrategy comprises about 2.4% of CAP Partners LLC's portfolio, making the stock its 12th biggest holding. CAP Partners LLC's holdings in MicroStrategy were worth $3,403,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Index Fund Advisors Inc. purchased a new position in MicroStrategy during the fourth quarter worth approximately $258,000. Capital Wealth Alliance LLC raised its holdings in shares of MicroStrategy by 0.4% during the 4th quarter. Capital Wealth Alliance LLC now owns 43,531 shares of the software maker's stock worth $12,607,000 after acquiring an additional 191 shares during the period. Cigna Investments Inc. New boosted its position in shares of MicroStrategy by 7.8% during the 4th quarter. Cigna Investments Inc. New now owns 1,720 shares of the software maker's stock valued at $498,000 after acquiring an additional 125 shares during the last quarter. Sovran Advisors LLC purchased a new stake in shares of MicroStrategy in the fourth quarter valued at about $1,381,000. Finally, Strengthening Families & Communities LLC acquired a new stake in MicroStrategy during the fourth quarter worth about $73,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at MicroStrategy

In other news, EVP Wei-Ming Shao sold 18,000 shares of the firm's stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $368.01, for a total transaction of $6,624,180.00. Following the sale, the executive vice president now owns 6,460 shares of the company's stock, valued at approximately $2,377,344.60. This trade represents a 73.59 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen X. Graham sold 20,000 shares of the business's stock in a transaction that occurred on 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 sale, the director now owns 6,970 shares of the company's stock, valued at approximately $3,145,979.20. The trade was a 74.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 40,050 shares of company stock worth $16,314,110 over the last ninety days. Corporate insiders own 9.16% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on MSTR shares. Benchmark restated a "buy" rating and set a $650.00 price target on shares of MicroStrategy in a report on Tuesday, January 14th. Barclays dropped their target price on shares of MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a report on Monday. Mizuho assumed coverage on MicroStrategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target on the stock. Canaccord Genuity Group decreased 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. Finally, Cantor Fitzgerald lifted their target price on MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. One investment 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 stock. According to data from MarketBeat.com, MicroStrategy has an average rating of "Moderate Buy" and a consensus target price of $536.90.

MicroStrategy Stock Down 4.5 %

Shares of MSTR stock traded down $15.16 during trading hours on Tuesday, reaching $319.46. 11,977,525 shares of the stock were exchanged, compared to its average volume of 17,581,904. MicroStrategy Incorporated has a 12-month low of $65.02 and a 12-month high of $543.00. The business's fifty day moving average is $354.16 and its two-hundred day moving average is $257.96. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The firm has a market capitalization of $76.56 billion, a P/E ratio of -56.71 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) 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%.

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.