Strategic Financial Concepts LLC Acquires New Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Strategic Financial Concepts LLC acquired a new position in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,487 shares of the software maker's stock, valued at approximately $4,196,000.

A number of other institutional investors have also made changes to their positions in MSTR. AlphaMark Advisors LLC raised its position in MicroStrategy by 2,900.0% during the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker's stock worth $25,000 after acquiring an additional 145 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in MicroStrategy during the third quarter worth $27,000. Sunbelt Securities Inc. raised its position in 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 acquiring an additional 144 shares in the last quarter. ST Germain D J Co. Inc. raised 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 worth $29,000 after acquiring an additional 153 shares in the last quarter. Finally, Private Wealth Management Group LLC raised 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 worth $30,000 after acquiring an additional 71 shares in the last quarter. Institutional investors own 59.84% of the company's stock.

MicroStrategy Stock Performance

Shares of MSTR stock traded up $5.25 on Thursday, hitting $323.92. The company's stock had a trading volume of 12,270,764 shares, compared to its average volume of 16,601,342. 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 stock's 50 day moving average is $345.85 and its 200-day moving average is $265.51. MicroStrategy Incorporated has a fifty-two week low of $66.43 and a fifty-two week high of $543.00. The company has a market capitalization of $77.63 billion, a PE ratio of -57.50 and a beta of 3.25.

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

Wall Street Analyst Weigh In

MSTR has been the topic of several analyst reports. Canaccord Genuity Group dropped their price target on shares of MicroStrategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Compass Point raised shares of MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Mizuho began coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target on the stock. Benchmark reissued a "buy" rating and issued a $650.00 price objective on shares of MicroStrategy in a research report on Tuesday, January 14th. Finally, Cantor Fitzgerald increased their price objective 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 issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $536.90.

MicroStrategy Company 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.