MicroStrategy Incorporated (NASDAQ:MSTR) Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. grew its position in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 32.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,586 shares of the software maker's stock after purchasing an additional 13,926 shares during the period. Nomura Asset Management Co. Ltd.'s holdings in MicroStrategy were worth $16,388,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in shares of MicroStrategy by 990.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker's stock valued at $465,573,000 after buying an additional 2,512,645 shares in the last quarter. Norges Bank bought a new stake in MicroStrategy during the 4th quarter worth approximately $523,981,000. Charles Schwab Investment Management Inc. boosted its holdings in MicroStrategy by 14.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock valued at $220,626,000 after purchasing an additional 97,515 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in MicroStrategy by 971.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker's stock valued at $107,855,000 after buying an additional 579,994 shares during the period. Finally, Amundi grew its position in MicroStrategy by 262.8% during the fourth quarter. Amundi now owns 570,217 shares of the software maker's stock worth $165,146,000 after buying an additional 413,028 shares in the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of analysts have recently issued reports on MSTR shares. Mizuho began coverage on shares of MicroStrategy in a report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price objective for the company. Monness Crespi & Hardt lowered MicroStrategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective on the stock. in a research report on Tuesday. Barclays dropped their target price on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Keefe, Bruyette & Woods assumed coverage on shares of MicroStrategy in a research report on Friday, February 7th. They set an "outperform" rating and a $560.00 price target on the stock. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $600.00 price objective on shares of MicroStrategy in a research note on Thursday, December 12th. One 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 currently has an average rating of "Moderate Buy" and a consensus target price of $508.09.

Insider Buying and Selling

In related news, CFO Andrew Kang acquired 1,500 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average cost of $85.00 per share, for a total transaction of $127,500.00. Following the transaction, the chief financial officer now directly owns 1,500 shares of the company's stock, valued at approximately $127,500. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Jeanine Montgomery sold 481 shares of MicroStrategy stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $329.27, for a total transaction of $158,378.87. Following the completion of the sale, the chief accounting officer now directly owns 7,805 shares of the company's stock, valued at $2,569,952.35. The trade was a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 22,998 shares valued at $7,671,926. Corporate insiders own 9.16% of the company's stock.

MicroStrategy Trading Up 3.4 %

MicroStrategy stock traded up $9.90 during midday trading on Tuesday, hitting $298.17. 12,007,460 shares of the stock were exchanged, compared to its average volume of 17,853,227. MicroStrategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00. 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 capitalization of $76.73 billion, a price-to-earnings ratio of -52.68 and a beta of 3.36. The stock's 50-day simple moving average is $311.48 and its 200 day simple moving average is $297.16.

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

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.