Moors & Cabot Inc. Has $15.90 Million Stake in MicroStrategy Incorporated (NASDAQ:MSTR)

Moors & Cabot Inc. lifted its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 7.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 54,892 shares of the software maker's stock after buying an additional 3,752 shares during the quarter. MicroStrategy comprises approximately 0.8% of Moors & Cabot Inc.'s investment portfolio, making the stock its 21st largest holding. Moors & Cabot Inc.'s holdings in MicroStrategy were worth $15,898,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. QRG Capital Management Inc. acquired a new stake in MicroStrategy in the 3rd quarter valued at $295,000. Amalgamated Bank grew its position in MicroStrategy by 862.3% in the 3rd quarter. Amalgamated Bank now owns 8,372 shares of the software maker's stock valued at $1,412,000 after purchasing an additional 7,502 shares during the period. Principal Financial Group Inc. grew its position in MicroStrategy by 781.4% in the 3rd quarter. Principal Financial Group Inc. now owns 46,483 shares of the software maker's stock valued at $7,837,000 after purchasing an additional 41,209 shares during the period. Capital Performance Advisors LLP acquired a new stake in MicroStrategy in the 3rd quarter valued at $27,000. Finally, Mesirow Financial Investment Management Inc. grew its position in MicroStrategy by 900.0% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 2,000 shares of the software maker's stock valued at $337,000 after purchasing an additional 1,800 shares during the period. Institutional investors and hedge funds own 59.84% of the company's stock.

MicroStrategy Trading Up 8.9 %

Shares of MSTR opened at $260.59 on Wednesday. The business has a 50-day moving average of $323.71 and a 200 day moving average of $280.20. MicroStrategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00. The firm has a market cap of $67.06 billion, a P/E ratio of -46.26 and a beta of 3.36. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71.

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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) earnings per share 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

Several analysts recently issued reports on the stock. Sanford C. Bernstein reissued an "outperform" rating and issued a $600.00 price target on shares of MicroStrategy in a research report on Thursday, December 12th. Barclays reduced their price target 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. Compass Point upgraded MicroStrategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Canaccord Genuity Group dropped their price objective on MicroStrategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Finally, Cantor Fitzgerald raised their price objective on MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $536.90.

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.

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