United Capital Management of KS Inc. boosted its holdings in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 28.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,986 shares of the software maker's stock after acquiring an additional 6,380 shares during the quarter. MicroStrategy accounts for approximately 1.5% of United Capital Management of KS Inc.'s holdings, making the stock its 20th largest position. United Capital Management of KS Inc.'s holdings in MicroStrategy were worth $8,395,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in MSTR. Geode Capital Management LLC lifted its position in MicroStrategy by 990.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker's stock valued at $465,573,000 after acquiring an additional 2,512,645 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of MicroStrategy by 971.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker's stock valued at $107,855,000 after buying an additional 579,994 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of MicroStrategy by 587.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker's stock valued at $111,994,000 after buying an additional 567,628 shares during the period. Swiss National Bank lifted its holdings in shares of MicroStrategy by 904.7% during the 3rd quarter. Swiss National Bank now owns 468,200 shares of the software maker's stock valued at $78,939,000 after buying an additional 421,600 shares during the period. Finally, Amundi lifted its holdings in shares of MicroStrategy by 262.8% during the 4th quarter. Amundi now owns 570,217 shares of the software maker's stock valued at $165,146,000 after buying an additional 413,028 shares during the period. 59.84% of the stock is owned by institutional investors.
MicroStrategy Price Performance
MSTR stock traded up $34.23 during trading on Friday, reaching $297.49. The company's stock had a trading volume of 23,631,710 shares, compared to its average volume of 18,398,073. MicroStrategy Incorporated has a 1 year low of $101.00 and a 1 year high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $76.56 billion, a P/E ratio of -52.81 and a beta of 3.36. The company's fifty day moving average is $321.59 and its 200-day moving average is $281.99.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods assumed coverage on MicroStrategy in a report on Friday, February 7th. They set an "outperform" rating and a $560.00 price target on the stock. Benchmark reissued a "buy" rating and set a $650.00 price target on shares of MicroStrategy in a report on Tuesday, January 14th. Sanford C. Bernstein reissued an "outperform" rating and set a $600.00 price target on shares of MicroStrategy in a report on Thursday, December 12th. Mizuho assumed coverage on MicroStrategy in a report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target on the stock. Finally, Canaccord Genuity Group lowered their price target on MicroStrategy from $510.00 to $409.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. One investment 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $536.90.
View Our Latest Stock Report on MicroStrategy
MicroStrategy Profile
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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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