GWN Securities Inc. purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,080 shares of the software maker's stock, valued at approximately $1,761,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Riverview Trust Co acquired a new position in shares of MicroStrategy during the 4th quarter valued at about $25,000. IAG Wealth Partners LLC acquired a new stake in MicroStrategy in the fourth quarter valued at $25,000. Sunbelt Securities Inc. increased its holdings in shares of MicroStrategy by 900.0% in the 3rd 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 increased its stake in MicroStrategy by 422.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock valued at $27,000 after purchasing an additional 76 shares during the last quarter. Finally, Aspect Partners LLC purchased a new stake in shares of MicroStrategy during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 59.84% of the company's stock.
MicroStrategy Trading Up 13.0 %
Shares of NASDAQ:MSTR traded up $34.23 during midday trading on Friday, hitting $297.49. The company had a trading volume of 23,631,710 shares, compared to its average volume of 18,398,073. 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 Incorporated has a 12 month low of $101.00 and a 12 month high of $543.00. The stock has a market cap of $76.56 billion, a price-to-earnings ratio of -52.81 and a beta of 3.36. The firm has a fifty day simple moving average of $321.59 and a 200 day simple moving average of $283.05.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last released 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%.
Analyst Upgrades and Downgrades
MSTR has been the topic of several recent research reports. BTIG Research boosted their price target on MicroStrategy from $290.00 to $570.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. Keefe, Bruyette & Woods assumed coverage on MicroStrategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 target price for the company. Maxim Group boosted 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. TD Cowen upped their target price on MicroStrategy from $392.00 to $525.00 and gave the company a "buy" rating in a report on Monday, November 25th. Finally, Compass Point raised shares of MicroStrategy to a "strong-buy" rating in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, MicroStrategy presently has an average rating of "Moderate Buy" and a consensus price target of $536.90.
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About MicroStrategy
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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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