Compass Ion Advisors LLC Has $15.55 Million Stock Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Compass Ion Advisors LLC trimmed its position in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 41.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,678 shares of the software maker's stock after selling 37,707 shares during the period. MicroStrategy makes up about 1.8% of Compass Ion Advisors LLC's portfolio, making the stock its 10th largest holding. Compass Ion Advisors LLC's holdings in MicroStrategy were worth $15,546,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Riverview Trust Co acquired a new stake in shares of MicroStrategy during the 4th quarter valued at $25,000. IAG Wealth Partners LLC acquired a new stake in shares of MicroStrategy during the 4th quarter valued at $25,000. Parkside Financial Bank & Trust lifted its position in shares of MicroStrategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Aspect Partners LLC acquired a new stake in shares of MicroStrategy during the 4th quarter valued at $28,000. Finally, Private Wealth Management Group LLC lifted its position in shares of MicroStrategy by 208.8% during the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker's stock valued at $30,000 after acquiring an additional 71 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

MicroStrategy Stock Up 0.6 %

MicroStrategy stock traded up $1.93 during mid-day trading on Friday, hitting $304.00. 21,733,655 shares of the company's stock were exchanged, compared to its average volume of 18,038,230. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The stock has a market cap of $78.24 billion, a P/E ratio of -53.97 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 has a 50 day moving average of $317.11 and a two-hundred day moving average of $286.69.

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MicroStrategy (NASDAQ:MSTR - Get Free Report) last posted 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 return on equity of 19.01% and a negative net margin of 251.73%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MSTR. Sanford C. Bernstein reissued an "outperform" rating and set a $600.00 target price on shares of MicroStrategy in a research note on Thursday, December 12th. Mizuho began coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 target price on the stock. Compass Point raised shares of MicroStrategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Maxim Group boosted their target price on shares of MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Finally, Benchmark reissued a "buy" rating and set a $650.00 target price on shares of MicroStrategy in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $536.90.

MicroStrategy Company 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.