Sava Infond d.o.o. Purchases Shares of 800 MicroStrategy Incorporated (NASDAQ:MSTR)

Sava Infond d.o.o. purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 800 shares of the software maker's stock, valued at approximately $232,000.

Other large investors have also modified their holdings of the company. National Bank of Canada FI grew its position in MicroStrategy by 746.2% in the 3rd quarter. National Bank of Canada FI now owns 20,647 shares of the software maker's stock worth $3,481,000 after purchasing an additional 18,207 shares during the last quarter. Proficio Capital Partners LLC bought a new position in MicroStrategy in the 4th quarter worth approximately $81,783,000. Clarity Capital Partners LLC grew its holdings in MicroStrategy by 122.3% in the 4th quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker's stock worth $7,274,000 after buying an additional 13,817 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in MicroStrategy in the 3rd quarter valued at approximately $254,000. Finally, Wellington Management Group LLP raised its stake in MicroStrategy by 979.8% during the 3rd quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker's stock valued at $1,134,000 after acquiring an additional 6,104 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

Insider Buying and Selling at MicroStrategy

In other MicroStrategy news, CAO Jeanine Montgomery sold 481 shares of the company's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $329.27, for a total value of $158,378.87. Following the transaction, the chief accounting officer now owns 7,805 shares in the company, valued at approximately $2,569,952.35. This represents a 5.80 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Leslie J. Rechan sold 15,000 shares of the stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total value of $5,038,500.00. Following the sale, the director now owns 4,970 shares of the company's stock, valued at approximately $1,669,423. This represents a 75.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 8,000 shares of company stock valued at $680,000 and sold 22,998 shares valued at $7,671,926. Insiders own 9.16% of the company's stock.

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MicroStrategy Price Performance

MicroStrategy stock traded down $0.82 during mid-day trading on Monday, hitting $288.59. The company's stock had a trading volume of 7,096,401 shares, compared to its average volume of 17,846,567. MicroStrategy Incorporated has a twelve month low of $101.00 and a twelve month high of $543.00. The stock's fifty day moving average price is $313.64 and its two-hundred day moving average price is $296.05. The stock has a market capitalization of $74.27 billion, a P/E ratio of -51.48 and a beta of 3.36. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The software maker reported ($3.20) 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 research analysts have recently issued reports on the company. Benchmark reissued a "buy" rating and issued a $650.00 price target on shares of MicroStrategy in a research note on Tuesday, January 14th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $600.00 target price on shares of MicroStrategy in a research report on Thursday, December 12th. Compass Point raised shares of MicroStrategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Mizuho initiated coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target for the company. Finally, Barclays lowered their price objective on shares of MicroStrategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research note on Monday, February 10th. One research analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "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.