Asset Management One Co. Ltd. Raises Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Asset Management One Co. Ltd. boosted its stake in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 16.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 65,635 shares of the software maker's stock after buying an additional 9,353 shares during the quarter. Asset Management One Co. Ltd.'s holdings in MicroStrategy were worth $19,009,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Wealth Management Group LLC increased 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 purchasing an additional 71 shares during the last quarter. Activest Wealth Management bought a new position in MicroStrategy during the fourth quarter valued at about $33,000. SOA Wealth Advisors LLC. purchased a new stake in MicroStrategy during the fourth quarter worth about $37,000. Versant Capital Management Inc raised its position in MicroStrategy by 38.2% in the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock worth $41,000 after acquiring an additional 39 shares during the period. Finally, AlphaMark Advisors LLC boosted its stake in MicroStrategy by 2,900.0% in the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker's stock valued at $25,000 after acquiring an additional 145 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on MSTR. Benchmark reaffirmed a "buy" rating and issued a $650.00 price target on shares of MicroStrategy in a report on Tuesday, January 14th. Cantor Fitzgerald boosted their target price on MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. BTIG Research increased their price target on MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. Keefe, Bruyette & Woods assumed coverage on MicroStrategy in a research note on Friday, February 7th. They issued an "outperform" rating and a $560.00 price objective on the stock. Finally, Barclays cut their target price on shares of MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $536.90.

MicroStrategy Price Performance

NASDAQ:MSTR traded down $15.30 during trading hours on Wednesday, hitting $318.67. The stock had a trading volume of 16,322,789 shares, compared to its average volume of 16,711,410. The company has a 50 day simple moving average of $347.70 and a two-hundred day simple moving average of $265.13. The firm has a market capitalization of $76.37 billion, a price-to-earnings ratio of -56.57 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 one year low of $66.43 and a one year high of $543.00.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Insider Activity at MicroStrategy

In other news, Director Stephen X. Graham sold 20,000 shares of the company's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $451.36, for a total value of $9,027,200.00. Following the completion of the transaction, the director now directly owns 6,970 shares in the company, valued at approximately $3,145,979.20. This represents a 74.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 9.16% of the stock is owned by insiders.

MicroStrategy 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.