Scarborough Advisors LLC Invests $215,000 in MicroStrategy Incorporated (NASDAQ:MSTR)

Scarborough Advisors LLC acquired a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 743 shares of the software maker's stock, valued at approximately $215,000.

Other institutional investors also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV boosted its stake in MicroStrategy by 31.5% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 33,820 shares of the software maker's stock valued at $9,795,000 after acquiring an additional 8,096 shares in the last quarter. Rhumbline Advisers boosted its position in shares of MicroStrategy by 6.2% in the 4th quarter. Rhumbline Advisers now owns 198,047 shares of the software maker's stock worth $57,358,000 after purchasing an additional 11,628 shares in the last quarter. Blue Trust Inc. boosted its position in shares of MicroStrategy by 4,535.5% in the 4th quarter. Blue Trust Inc. now owns 1,437 shares of the software maker's stock worth $416,000 after purchasing an additional 1,406 shares in the last quarter. Nova R Wealth Inc. purchased a new position in MicroStrategy during the 4th quarter worth $253,000. Finally, Littlejohn Financial Services Inc. purchased a new stake in MicroStrategy in the fourth quarter valued at about $232,000. Institutional investors own 59.84% of the company's stock.

Insider Transactions at MicroStrategy

In other news, Director Stephen X. Graham sold 20,000 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the completion of the sale, the director now owns 6,970 shares of the company's stock, valued at $3,145,979.20. The trade was a 74.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 9.16% of the company's stock.

MicroStrategy Stock Performance

MSTR stock traded down $3.74 during midday trading on Tuesday, hitting $333.99. 10,116,815 shares of the stock traded hands, compared to its average volume of 16,724,639. The stock's fifty day simple moving average is $347.70 and its 200-day simple moving average is $265.13. The firm has a market cap of $80.04 billion, a P/E ratio of -59.29 and a beta of 3.25. MicroStrategy Incorporated has a 1-year low of $66.43 and a 1-year high of $543.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share 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%.

Analysts Set New Price Targets

MSTR has been the topic of several recent analyst reports. Sanford C. Bernstein restated an "outperform" rating and set a $600.00 price objective on shares of MicroStrategy in a report on Thursday, December 12th. Cantor Fitzgerald upped their price target on shares of MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Canaccord Genuity Group lowered their price objective on shares of MicroStrategy from $510.00 to $409.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Barclays cut their target price on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Finally, Keefe, Bruyette & Woods initiated coverage on MicroStrategy in a research note on Friday, February 7th. They set an "outperform" rating and a $560.00 price target on the stock. 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 stock. According to MarketBeat.com, MicroStrategy presently has an average rating of "Moderate Buy" and an average 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.