Savant Capital LLC reduced its position in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 53.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,175 shares of the software maker's stock after selling 1,345 shares during the quarter. Savant Capital LLC's holdings in MicroStrategy were worth $340,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of MSTR. Capital Performance Advisors LLP bought a new position in shares of MicroStrategy in the third quarter valued at approximately $27,000. Sunbelt Securities Inc. lifted its position in MicroStrategy by 900.0% during the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker's stock valued at $27,000 after purchasing an additional 144 shares during the last quarter. ST Germain D J Co. Inc. lifted its position in MicroStrategy by 900.0% during the third quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker's stock valued at $29,000 after purchasing an additional 153 shares during the last quarter. Private Wealth Management Group LLC lifted its position in MicroStrategy by 208.8% during the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker's stock valued at $30,000 after purchasing an additional 71 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in MicroStrategy during the third quarter valued at approximately $32,000. 59.84% of the stock is currently owned by institutional investors.
MicroStrategy Price Performance
Shares of MSTR stock traded down $24.23 during trading hours on Friday, hitting $299.69. 17,854,873 shares of the company's stock were exchanged, compared to its average volume of 16,638,439. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. MicroStrategy Incorporated has a 12-month low of $67.81 and a 12-month high of $543.00. The business's 50 day simple moving average is $342.30 and its 200-day simple moving average is $267.09. The company has a market capitalization of $71.82 billion, a PE ratio of -53.20 and a beta of 3.25.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued 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 return on equity of 19.01% and a negative net margin of 251.73%.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Maxim Group lifted their target price on shares of MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. Compass Point upgraded shares of MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. BTIG Research lifted their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. Mizuho assumed coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 target price for the company. Finally, Cantor Fitzgerald lifted their target price on shares of MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. One 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $536.90.
Get Our Latest Analysis on MSTR
About MicroStrategy
(
Free Report)
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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