DecisionMap Wealth Management LLC acquired a new stake in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,813 shares of the software maker's stock, valued at approximately $815,000.
Other hedge funds also recently added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC grew its stake in shares of MicroStrategy by 3.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock valued at $324,000 after acquiring an additional 35 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of MicroStrategy by 38.2% during the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock valued at $41,000 after acquiring an additional 39 shares in the last quarter. WR Wealth Planners LLC grew its stake in shares of MicroStrategy by 22.6% during the fourth quarter. WR Wealth Planners LLC now owns 260 shares of the software maker's stock valued at $75,000 after acquiring an additional 48 shares in the last quarter. Sterling Investment Advisors Ltd. grew its stake in shares of MicroStrategy by 0.9% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker's stock valued at $1,558,000 after acquiring an additional 50 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its stake in shares of MicroStrategy by 2.5% during the fourth quarter. Mesirow Financial Investment Management Inc. now owns 2,050 shares of the software maker's stock valued at $594,000 after acquiring an additional 50 shares in the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the company. Canaccord Genuity Group lowered their target price on MicroStrategy from $510.00 to $409.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Barclays lowered their target price on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. Sanford C. Bernstein restated an "outperform" rating and set a $600.00 target price on shares of MicroStrategy in a research note on Thursday, December 12th. Cantor Fitzgerald lifted their price target on MicroStrategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Finally, Maxim Group boosted their price objective on MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $536.90.
Check Out Our Latest Stock Report on MSTR
MicroStrategy Stock Performance
Shares of NASDAQ:MSTR traded up $0.71 during trading on Thursday, hitting $263.26. 13,740,584 shares of the company traded hands, compared to its average volume of 18,608,548. The stock has a market capitalization of $67.75 billion, a price-to-earnings ratio of -46.74 and a beta of 3.36. The business's fifty day moving average is $323.17 and its 200-day moving average is $280.08. MicroStrategy Incorporated has a one year low of $101.00 and a one year high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last posted its 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%.
MicroStrategy Company Profile
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Free Report)
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.
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