MicroStrategy Incorporated (NASDAQ:MSTR) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC raised its position in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 28.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,564 shares of the software maker's stock after purchasing an additional 7,463 shares during the period. Private Advisor Group LLC's holdings in MicroStrategy were worth $9,721,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MSTR. National Bank of Canada FI lifted its position in MicroStrategy by 746.2% during the third quarter. National Bank of Canada FI now owns 20,647 shares of the software maker's stock worth $3,481,000 after buying an additional 18,207 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of MicroStrategy during the 3rd quarter valued at about $254,000. Clarity Capital Partners LLC increased its stake in shares of MicroStrategy by 122.3% during the 4th quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker's stock valued at $7,274,000 after acquiring an additional 13,817 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of MicroStrategy by 979.8% during the 3rd quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker's stock worth $1,134,000 after acquiring an additional 6,104 shares during the period. Finally, US Bancorp DE boosted its position in shares of MicroStrategy by 782.8% in the third quarter. US Bancorp DE now owns 4,255 shares of the software maker's stock worth $717,000 after acquiring an additional 3,773 shares during the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

MicroStrategy Stock Down 7.5 %

Shares of MSTR stock traded down $24.23 during trading hours on Friday, reaching $299.69. The company had a trading volume of 17,854,873 shares, compared to its average volume of 16,638,439. The company has a market capitalization of $71.82 billion, a P/E ratio of -53.20 and a beta of 3.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. MicroStrategy Incorporated has a twelve month low of $67.81 and a twelve month high of $543.00. The stock's fifty day simple moving average is $344.48 and its 200 day simple moving average is $265.91.

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

Analyst Upgrades and Downgrades

Several brokerages recently commented on MSTR. Compass Point raised shares of MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Benchmark restated a "buy" rating and set a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. Cantor Fitzgerald lifted their target price on MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Mizuho began coverage on MicroStrategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target for the company. Finally, Barclays cut their price objective on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $536.90.

About MicroStrategy

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.