Signaturefd LLC Acquires 1,867 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Signaturefd LLC raised its stake in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 297.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,494 shares of the software maker's stock after buying an additional 1,867 shares during the quarter. Signaturefd LLC's holdings in MicroStrategy were worth $722,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in MSTR. Riverview Trust Co acquired a new position in MicroStrategy in the fourth quarter valued at about $25,000. IAG Wealth Partners LLC acquired a new stake in shares of MicroStrategy during the fourth quarter worth about $25,000. Sunbelt Securities Inc. raised its position in shares of MicroStrategy by 900.0% during the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker's stock worth $27,000 after purchasing an additional 144 shares during the period. Parkside Financial Bank & Trust raised its position in shares of MicroStrategy by 422.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after purchasing an additional 76 shares during the period. Finally, Aspect Partners LLC acquired a new stake in shares of MicroStrategy during the fourth quarter worth about $28,000. Institutional investors and hedge funds own 59.84% of the company's stock.

MicroStrategy Stock Up 0.6 %

MSTR stock traded up $1.93 during mid-day trading on Friday, reaching $304.00. The company had a trading volume of 21,733,655 shares, compared to its average volume of 18,026,994. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The stock has a 50 day simple moving average of $317.11 and a two-hundred day simple moving average of $287.84. The company has a market capitalization of $78.24 billion, a price-to-earnings ratio of -53.97 and a beta of 3.36. MicroStrategy Incorporated has a 52 week low of $101.00 and a 52 week high of $543.00.

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

Wall Street Analyst Weigh In

A number of research firms have recently commented on MSTR. Canaccord Genuity Group dropped their price target on MicroStrategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research 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 on the stock. Barclays dropped their price target on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Maxim Group raised their price target on MicroStrategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th. Finally, Compass Point raised MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, MicroStrategy has a consensus rating of "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.