Generali Asset Management SPA SGR Acquires Shares of 37,866 MicroStrategy Incorporated (NASDAQ:MSTR)

Generali Asset Management SPA SGR bought a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 37,866 shares of the software maker's stock, valued at approximately $10,967,000.

Several other hedge funds have also modified their holdings of the stock. Riverview Trust Co purchased a new position in MicroStrategy in the fourth quarter valued at about $25,000. IAG Wealth Partners LLC bought a new position in MicroStrategy during the fourth quarter valued at approximately $25,000. Sunbelt Securities Inc. lifted its stake in MicroStrategy by 900.0% in the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker's stock valued at $27,000 after acquiring an additional 144 shares during the last quarter. Parkside Financial Bank & Trust grew its position in MicroStrategy by 422.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Finally, Aspect Partners LLC bought a new position in shares of MicroStrategy during the 4th quarter valued at $28,000. 59.84% of the stock is owned by hedge funds and other institutional investors.

MicroStrategy Stock Performance

Shares of NASDAQ:MSTR traded up $1.93 during trading on Friday, hitting $304.00. 21,733,655 shares of the stock were exchanged, compared to its average volume of 18,096,529. The company has a market capitalization of $78.24 billion, a price-to-earnings ratio of -53.97 and a beta of 3.36. 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 Incorporated has a 1-year low of $101.00 and a 1-year high of $543.00. The company's fifty day simple moving average is $317.59 and its 200-day simple moving average is $285.50.

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MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (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 Analysts Forecast Growth

MSTR has been the topic of several recent research reports. Monness Crespi & Hardt assumed coverage on MicroStrategy in a report on Wednesday. They set a "neutral" rating on the stock. Benchmark restated a "buy" rating and issued a $650.00 target price on shares of MicroStrategy in a report on Tuesday, January 14th. TD Cowen increased their price target on MicroStrategy from $392.00 to $525.00 and gave the company a "buy" rating in a report on Monday, November 25th. BTIG Research boosted their price objective on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. Finally, Mizuho started coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 target price for the company. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $536.90.

About MicroStrategy

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.