Horizon Kinetics Asset Management LLC decreased its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 14.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 165,315 shares of the software maker's stock after selling 27,590 shares during the quarter. MicroStrategy comprises about 0.6% of Horizon Kinetics Asset Management LLC's portfolio, making the stock its 17th biggest holding. Horizon Kinetics Asset Management LLC owned about 0.07% of MicroStrategy worth $47,879,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC lifted its stake in MicroStrategy by 3.2% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock valued at $324,000 after purchasing an additional 35 shares during the last quarter. Versant Capital Management Inc lifted its position 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 valued at $41,000 after buying an additional 39 shares during the last quarter. WR Wealth Planners LLC boosted its stake in shares of MicroStrategy by 22.6% during the 4th quarter. WR Wealth Planners LLC now owns 260 shares of the software maker's stock worth $75,000 after acquiring an additional 48 shares during the period. Sterling Investment Advisors Ltd. increased its holdings in shares of MicroStrategy by 0.9% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker's stock worth $1,558,000 after acquiring an additional 50 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its stake in MicroStrategy by 2.5% in the 4th 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 during the period. Institutional investors own 59.84% of the company's stock.
MicroStrategy Price Performance
Shares of NASDAQ MSTR traded down $3.22 during mid-day trading on Monday, reaching $294.27. The company had a trading volume of 12,961,759 shares, compared to its average volume of 18,324,582. MicroStrategy Incorporated has a one year low of $101.00 and a one year high of $543.00. The business's 50-day simple moving average is $319.90 and its 200 day simple moving average is $284.19. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The firm has a market cap of $75.73 billion, a price-to-earnings ratio of -52.24 and a beta of 3.36.
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%.
Analysts Set New Price Targets
MSTR has been the subject of a number of research analyst reports. Compass Point raised shares of MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $600.00 price target on shares of MicroStrategy in a research note on Thursday, December 12th. Cantor Fitzgerald increased their price target on shares of MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Mizuho began coverage on MicroStrategy in a report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price objective for the company. Finally, Barclays lowered their target price 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 research 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. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $536.90.
Get Our Latest Stock Analysis on MSTR
MicroStrategy Profile
(
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.
Featured Stories
Before you consider MicroStrategy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MicroStrategy wasn't on the list.
While MicroStrategy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
