Polianta Ltd Lowers Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Polianta Ltd decreased its position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 65.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,700 shares of the software maker's stock after selling 5,100 shares during the period. Polianta Ltd's holdings in MicroStrategy were worth $781,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc boosted its stake in shares of 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. Strategic Investment Solutions Inc. IL bought a new position in MicroStrategy in the 2nd quarter worth approximately $106,000. Magnetar Financial LLC grew its holdings in MicroStrategy by 31.6% during the 2nd quarter. Magnetar Financial LLC now owns 337 shares of the software maker's stock valued at $464,000 after buying an additional 81 shares in the last quarter. Newbridge Financial Services Group Inc. raised its position in shares of MicroStrategy by 10.9% during the second quarter. Newbridge Financial Services Group Inc. now owns 887 shares of the software maker's stock valued at $1,222,000 after buying an additional 87 shares during the last quarter. Finally, Semmax Financial Advisors Inc. lifted its holdings in shares of MicroStrategy by 900.0% in the second quarter. Semmax Financial Advisors Inc. now owns 100 shares of the software maker's stock worth $138,000 after buying an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.

MicroStrategy Trading Up 8.0 %

MSTR stock traded up $29.50 during midday trading on Friday, reaching $396.50. 24,214,007 shares of the company traded hands, compared to its average volume of 19,841,848. MicroStrategy Incorporated has a 52-week low of $43.87 and a 52-week high of $543.00. The business has a 50 day moving average of $363.86 and a 200-day moving average of $234.79. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.12.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The software maker reported ($1.56) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($1.44). The company had revenue of $116.07 million for the quarter, compared to analysts' expectations of $121.45 million. MicroStrategy had a negative net margin of 87.05% and a negative return on equity of 17.31%. The business's quarterly revenue was down 10.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($8.98) EPS.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Canaccord Genuity Group raised their target price on shares of MicroStrategy from $300.00 to $510.00 and gave the company a "buy" rating in a research note on Monday, November 25th. Benchmark restated a "buy" rating and set a $650.00 price objective on shares of MicroStrategy in a research report on Tuesday, January 14th. TD Cowen lifted their target price on MicroStrategy from $392.00 to $525.00 and gave the stock a "buy" rating in a report on Monday, November 25th. BTIG Research increased their price target on MicroStrategy from $290.00 to $570.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. 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 investment analyst has rated the stock with a sell rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $479.25.

Insider Activity

In other MicroStrategy news, CEO Phong Le sold 1,252 shares of the company's stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $322.45, for a total value of $403,707.40. Following the transaction, the chief executive officer now owns 13,918 shares of the company's stock, valued at $4,487,859.10. This represents a 8.25 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Jeanine Montgomery sold 56,250 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $257.41, for a total value of $14,479,312.50. Following the completion of the sale, the chief accounting officer now owns 5,670 shares in the company, valued at approximately $1,459,514.70. The trade was a 90.84 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 102,000 shares of company stock valued at $32,259,177. 9.16% of the stock is currently owned by company 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.