Rakuten Securities Inc. Raises Stake in MicroStrategy Incorporated (NASDAQ:MSTR)

Rakuten Securities Inc. lifted its holdings in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 24.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 42,783 shares of the software maker's stock after purchasing an additional 8,512 shares during the period. MicroStrategy comprises approximately 4.9% of Rakuten Securities Inc.'s holdings, making the stock its 4th biggest position. Rakuten Securities Inc.'s holdings in MicroStrategy were worth $12,391,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Riverview Trust Co purchased a new stake in MicroStrategy in the 4th quarter worth approximately $25,000. Parkside Financial Bank & Trust increased its holdings in MicroStrategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Aspect Partners LLC purchased a new stake in MicroStrategy in the 4th quarter worth approximately $28,000. Private Wealth Management Group LLC increased its holdings in MicroStrategy by 208.8% in the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker's stock worth $30,000 after acquiring an additional 71 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new stake in MicroStrategy in the 4th quarter worth approximately $32,000. Institutional investors own 59.84% of the company's stock.

MicroStrategy Trading Up 8.9 %

MSTR opened at $260.59 on Wednesday. MicroStrategy Incorporated has a one year low of $101.00 and a one year high of $543.00. The company 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. The business's 50-day simple moving average is $323.71 and its 200-day simple moving average is $280.20.

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MicroStrategy (NASDAQ:MSTR - Get Free Report) last released 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%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Maxim Group increased their price objective on shares of MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Mizuho assumed 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. Barclays cut their price objective on shares of MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a report on Monday, February 10th. Benchmark reaffirmed a "buy" rating and set a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and set a $600.00 target price on shares of MicroStrategy in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, MicroStrategy presently has an average rating of "Moderate Buy" and a consensus target price 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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