Csenge Advisory Group Raises Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Csenge Advisory Group grew its holdings in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 37.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,194 shares of the software maker's stock after buying an additional 1,674 shares during the quarter. Csenge Advisory Group's holdings in MicroStrategy were worth $1,794,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. GPS Wealth Strategies Group LLC boosted its stake in shares of MicroStrategy by 3.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock worth $324,000 after acquiring an additional 35 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of MicroStrategy by 38.2% in the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock worth $41,000 after acquiring an additional 39 shares during the last quarter. Masso Torrence Wealth Management Inc. boosted its stake in shares of MicroStrategy by 1.8% in the fourth quarter. Masso Torrence Wealth Management Inc. now owns 3,055 shares of the software maker's stock worth $885,000 after acquiring an additional 55 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of MicroStrategy by 3.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,083 shares of the software maker's stock worth $603,000 after acquiring an additional 65 shares during the last quarter. Finally, Means Investment CO. Inc. boosted its stake in shares of MicroStrategy by 2.2% in the fourth quarter. Means Investment CO. Inc. now owns 3,159 shares of the software maker's stock worth $915,000 after acquiring an additional 67 shares during the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

MicroStrategy Trading Up 1.6 %

Shares of MicroStrategy stock traded up $5.25 during trading hours on Thursday, hitting $323.92. The company's stock had a trading volume of 12,270,764 shares, compared to its average volume of 16,601,342. MicroStrategy Incorporated has a twelve month low of $66.43 and a twelve month high of $543.00. The firm has a fifty day moving average of $345.85 and a 200-day moving average of $265.51. The stock has a market cap of $77.63 billion, a price-to-earnings ratio of -57.50 and a beta of 3.25. 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 (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on MSTR shares. Maxim Group lifted their price target on MicroStrategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. Mizuho initiated coverage on MicroStrategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price objective on the stock. Sanford C. Bernstein reissued an "outperform" rating and set a $600.00 price objective on shares of MicroStrategy in a research note on Thursday, December 12th. Keefe, Bruyette & Woods initiated coverage on MicroStrategy in a research note on Friday, February 7th. They set an "outperform" rating and a $560.00 price objective on the stock. Finally, Barclays lowered their price objective on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $536.90.

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.