Tokio Marine Asset Management Co. Ltd. Buys New Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Tokio Marine Asset Management Co. Ltd. bought a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,310 shares of the software maker's stock, valued at approximately $1,538,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MSTR. UMB Bank n.a. boosted its position in shares of MicroStrategy by 900.0% during the 3rd quarter. UMB Bank n.a. now owns 150 shares of the software maker's stock valued at $25,000 after acquiring an additional 135 shares during the last quarter. AlphaMark Advisors LLC increased its stake 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 purchasing an additional 145 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of MicroStrategy during the third quarter worth about $27,000. Sunbelt Securities Inc. grew 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 buying an additional 144 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its position in shares of 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 buying an additional 153 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

Analyst Upgrades and Downgrades

MSTR has been the subject of a number of research analyst reports. TD Cowen upped their price target on MicroStrategy from $392.00 to $525.00 and gave the company a "buy" rating in a report on Monday, November 25th. Sanford C. Bernstein reissued an "outperform" rating and issued a $600.00 price objective on shares of MicroStrategy in a report on Thursday, December 12th. Maxim Group increased their price objective on MicroStrategy from $193.00 to $270.00 and gave the company a "buy" rating in a report on Thursday, October 31st. Compass Point raised MicroStrategy to a "strong-buy" rating in a report on Wednesday, January 29th. Finally, Cantor Fitzgerald increased their price objective on MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a report on Thursday. One investment 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. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $519.22.

MicroStrategy Stock Performance

Shares of MicroStrategy stock traded down $11.24 during trading hours on Thursday, hitting $325.46. 12,741,935 shares of the company were exchanged, compared to its average volume of 18,228,475. The business has a 50-day moving average of $357.54 and a 200-day moving average of $254.00. The stock has a market capitalization of $78.00 billion, a price-to-earnings ratio of -154.47 and a beta of 3.25. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.12. MicroStrategy Incorporated has a 1 year low of $46.75 and a 1 year high of $543.00.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%.

Insiders Place Their Bets

In related news, EVP Wei-Ming Shao sold 18,000 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $368.01, for a total transaction of $6,624,180.00. Following the sale, the executive vice president now owns 6,460 shares of the company's stock, valued at $2,377,344.60. This trade represents a 73.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Jeanine Montgomery sold 752 shares of the stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $322.45, for a total value of $242,482.40. Following the sale, the chief accounting officer now directly owns 6,418 shares in the company, valued at approximately $2,069,484.10. The trade was a 10.49 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 40,050 shares of company stock worth $16,314,110. 9.16% of the stock is owned by corporate insiders.

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.