Los Angeles Capital Management LLC purchased a new position in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 910 shares of the software maker's stock, valued at approximately $264,000.
Several other large investors have also recently modified their holdings of the stock. GPS Wealth Strategies Group LLC raised its position in shares of MicroStrategy by 3.2% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock worth $324,000 after purchasing an additional 35 shares during the last quarter. Versant Capital Management Inc raised its position in MicroStrategy by 38.2% in the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock worth $41,000 after buying an additional 39 shares during the last quarter. Masso Torrence Wealth Management Inc. raised its position in MicroStrategy by 1.8% in the 4th quarter. Masso Torrence Wealth Management Inc. now owns 3,055 shares of the software maker's stock worth $885,000 after buying an additional 55 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in MicroStrategy by 3.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,083 shares of the software maker's stock worth $603,000 after buying an additional 65 shares during the last quarter. Finally, Means Investment CO. Inc. raised its position in MicroStrategy by 2.2% in the 4th quarter. Means Investment CO. Inc. now owns 3,159 shares of the software maker's stock worth $915,000 after buying an additional 67 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.
MicroStrategy Stock Performance
Shares of NASDAQ:MSTR traded up $33.40 during mid-day trading on Wednesday, reaching $308.55. 25,978,282 shares of the company traded hands, compared to its average volume of 18,931,678. The company's 50 day moving average price is $328.15 and its 200-day moving average price is $275.23. The firm has a market cap of $79.41 billion, a PE ratio of -54.78 and a beta of 3.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. MicroStrategy Incorporated has a 52 week low of $101.00 and a 52 week high of $543.00.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced 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%.
Wall Street Analysts Forecast Growth
MSTR has been the subject of a number of recent analyst reports. 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. Mizuho initiated coverage on MicroStrategy in a research report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 target price for the company. Benchmark reissued a "buy" rating and issued a $650.00 target price on shares of MicroStrategy in a research report on Tuesday, January 14th. Sanford C. Bernstein restated an "outperform" rating and set a $600.00 price target on shares of MicroStrategy in a research note on Thursday, December 12th. Finally, Compass Point upgraded MicroStrategy to a "strong-buy" rating in a research note on Wednesday, January 29th. One equities 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 company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $536.90.
Get Our Latest Stock Analysis on MSTR
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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