Moloney Securities Asset Management LLC Acquires New Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

MicroStrategy logo with Computer and Technology background

Moloney Securities Asset Management LLC acquired a new stake in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 813 shares of the software maker's stock, valued at approximately $235,000.

Several other large investors have also bought and sold shares of the business. UMB Bank n.a. increased its position in shares of MicroStrategy by 900.0% in the 3rd quarter. UMB Bank n.a. now owns 150 shares of the software maker's stock valued at $25,000 after buying an additional 135 shares in the last quarter. AlphaMark Advisors LLC grew 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 period. Capital Performance Advisors LLP bought a new stake in shares of MicroStrategy in the third quarter worth about $27,000. Sunbelt Securities Inc. raised its position in shares of MicroStrategy by 900.0% during the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker's stock worth $27,000 after purchasing an additional 144 shares during the period. Finally, ST Germain D J Co. Inc. lifted its holdings in shares of MicroStrategy by 900.0% during the 3rd quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker's stock valued at $29,000 after purchasing an additional 153 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on MSTR. Barclays dropped their target price on shares of MicroStrategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a report on Monday. Mizuho initiated coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price objective on the stock. BTIG Research upped their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. Compass Point raised MicroStrategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Finally, Benchmark reaffirmed a "buy" rating and set a $650.00 price objective on shares of MicroStrategy in a research report on Tuesday, January 14th. One 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $536.90.

Get Our Latest Analysis on MicroStrategy

Insider Buying and Selling at MicroStrategy

In related news, CAO Jeanine Montgomery sold 752 shares of the business's stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $322.45, for a total value of $242,482.40. Following the completion of the transaction, the chief accounting officer now owns 6,418 shares of the company's stock, valued at $2,069,484.10. The trade was a 10.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Phong Le sold 1,252 shares of the stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $322.45, for a total transaction of $403,707.40. Following the sale, the chief executive officer now owns 13,918 shares in the company, valued at $4,487,859.10. The trade was a 8.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,050 shares of company stock valued at $9,689,930 in the last three months. Corporate insiders own 9.16% of the company's stock.

MicroStrategy Stock Performance

MicroStrategy stock traded up $7.36 during trading hours on Wednesday, hitting $326.82. The company had a trading volume of 9,797,024 shares, compared to its average volume of 17,304,430. The firm has a 50-day moving average of $353.08 and a 200 day moving average of $258.97. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The firm has a market cap of $78.32 billion, a PE ratio of -58.02 and a beta of 3.25. MicroStrategy Incorporated has a one year low of $65.56 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 (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%.

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.

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Institutional Ownership by Quarter for MicroStrategy (NASDAQ:MSTR)

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