Capital Investment Advisors LLC Makes New $444,000 Investment in MicroStrategy Incorporated (NASDAQ:MSTR)

Capital Investment Advisors LLC bought a new stake in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,531 shares of the software maker's stock, valued at approximately $444,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MSTR. Strategic Investment Solutions Inc. IL bought a new position in MicroStrategy during the second quarter worth $106,000. Semmax Financial Advisors Inc. raised its holdings in shares of MicroStrategy by 900.0% during the second quarter. Semmax Financial Advisors Inc. now owns 100 shares of the software maker's stock worth $138,000 after purchasing an additional 90 shares during the period. Versant Capital Management Inc lifted its position in shares of MicroStrategy by 38.2% in the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock worth $41,000 after buying an additional 39 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of MicroStrategy by 900.0% in the 3rd quarter. UMB Bank n.a. now owns 150 shares of the software maker's stock valued at $25,000 after buying an additional 135 shares during the period. Finally, AlphaMark Advisors LLC grew its position in shares of MicroStrategy by 2,900.0% during the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker's stock valued at $25,000 after buying an additional 145 shares during the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at MicroStrategy

In other MicroStrategy news, EVP Wei-Ming Shao sold 18,000 shares of the company's stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $368.01, for a total value of $6,624,180.00. Following the transaction, the executive vice president now owns 6,460 shares of the company's stock, valued at approximately $2,377,344.60. This represents a 73.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Andrew Kang sold 5,700 shares of the firm's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $257.15, for a total value of $1,465,755.00. Following the sale, the chief financial officer now directly owns 12,080 shares of the company's stock, valued at approximately $3,106,372. This represents a 32.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 102,000 shares of company stock valued at $32,259,177. 9.16% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MSTR. Maxim Group lifted their target price on MicroStrategy from $193.00 to $270.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Barclays boosted their price objective on MicroStrategy from $275.00 to $515.00 and gave the company an "overweight" rating in a research report on Monday, November 25th. Canaccord Genuity Group increased their target price on MicroStrategy from $300.00 to $510.00 and gave the stock a "buy" rating in a research report on Monday, November 25th. Benchmark reissued a "buy" rating and set a $650.00 price target on shares of MicroStrategy in a report on Tuesday. Finally, BTIG Research increased their price objective on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $479.25.

MicroStrategy Price Performance

NASDAQ:MSTR traded up $6.08 during midday trading on Thursday, hitting $366.70. 14,767,846 shares of the stock were exchanged, compared to its average volume of 19,767,961. The company has a market capitalization of $87.88 billion, a price-to-earnings ratio of -174.04 and a beta of 3.25. 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 one year low of $43.87 and a one year high of $543.00. The business has a 50-day moving average price of $359.42 and a two-hundred day moving average price of $231.33.

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

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.