Elo Mutual Pension Insurance Co Has $4.97 Million Stock Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Elo Mutual Pension Insurance Co raised its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 22.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 17,160 shares of the software maker's stock after purchasing an additional 3,149 shares during the quarter. Elo Mutual Pension Insurance Co's holdings in MicroStrategy were worth $4,970,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in MSTR. Geode Capital Management LLC lifted its stake in MicroStrategy by 990.6% during the third quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker's stock worth $465,573,000 after purchasing an additional 2,512,645 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of MicroStrategy by 14.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock valued at $220,626,000 after purchasing an additional 97,515 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of MicroStrategy by 971.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker's stock worth $107,855,000 after purchasing an additional 579,994 shares during the last quarter. Amundi increased its position in shares of MicroStrategy by 262.8% during the 4th quarter. Amundi now owns 570,217 shares of the software maker's stock worth $165,146,000 after purchasing an additional 413,028 shares in the last quarter. Finally, Swiss National Bank grew its stake in MicroStrategy by 10.4% during the fourth quarter. Swiss National Bank now owns 517,000 shares of the software maker's stock worth $149,734,000 after buying an additional 48,800 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

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MicroStrategy Price Performance

Shares of MSTR opened at $288.27 on Tuesday. The stock has a market cap of $74.19 billion, a P/E ratio of -51.18 and a beta of 3.36. MicroStrategy Incorporated has a 1 year low of $101.00 and a 1 year high of $543.00. The stock's 50-day moving average price is $311.48 and its two-hundred day moving average price is $297.16. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39.

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

Insiders Place Their Bets

In other news, CFO Andrew Kang purchased 1,500 shares of MicroStrategy stock in a transaction on Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, with a total value of $127,500.00. Following the transaction, the chief financial officer now directly owns 1,500 shares in the company, valued at $127,500. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Jeanine Montgomery sold 481 shares of the company's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $329.27, for a total value of $158,378.87. Following the sale, the chief accounting officer now owns 7,805 shares in the company, valued at $2,569,952.35. The trade was a 5.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 8,000 shares of company stock worth $680,000 and sold 22,998 shares worth $7,671,926. Corporate insiders own 9.16% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Mizuho started coverage on MicroStrategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target on the stock. Cantor Fitzgerald raised their price objective on shares of MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Monness Crespi & Hardt initiated coverage on shares of MicroStrategy in a research note on Wednesday, March 19th. They set a "neutral" rating on the stock. Keefe, Bruyette & Woods assumed coverage on MicroStrategy in a research report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price objective on the stock. Finally, Maxim Group boosted their target price on MicroStrategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $536.90.

MicroStrategy 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.