Wealth Management Partners LLC Reduces Stake in MicroStrategy Incorporated (NASDAQ:MSTR)

Wealth Management Partners LLC decreased its stake in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 16.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,570 shares of the software maker's stock after selling 720 shares during the quarter. Wealth Management Partners LLC's holdings in MicroStrategy were worth $1,034,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL purchased a new stake in MicroStrategy in the 2nd quarter worth about $106,000. Semmax Financial Advisors Inc. raised its holdings in shares of MicroStrategy by 900.0% in the second quarter. Semmax Financial Advisors Inc. now owns 100 shares of the software maker's stock worth $138,000 after buying an additional 90 shares during the period. Versant Capital Management Inc lifted its stake in shares of MicroStrategy by 38.2% during the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock worth $41,000 after acquiring an additional 39 shares during the last quarter. UMB Bank n.a. boosted its holdings in 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 period. Finally, AlphaMark Advisors LLC grew its position in MicroStrategy by 2,900.0% in the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker's stock valued at $25,000 after acquiring an additional 145 shares during the last quarter. Institutional investors own 59.84% of the company's stock.

Insider Activity

In other news, CFO Andrew Kang sold 5,700 shares of MicroStrategy stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $257.15, for a total transaction of $1,465,755.00. Following the completion of the sale, the chief financial officer now directly owns 12,080 shares in the company, valued at approximately $3,106,372. The trade was a 32.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Jeanine Montgomery sold 752 shares of the business's stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $322.45, for a total transaction of $242,482.40. Following the sale, the chief accounting officer now directly owns 6,418 shares in the company, valued at $2,069,484.10. This trade represents a 10.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,000 shares of company stock worth $32,259,177. Insiders own 9.16% of the company's stock.

MicroStrategy Stock Up 8.0 %

NASDAQ:MSTR traded up $29.50 during trading hours on Monday, reaching $396.50. The company's stock had a trading volume of 24,214,007 shares, compared to its average volume of 19,841,848. The stock has a 50 day moving average price of $363.86 and a two-hundred day moving average price of $235.52. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market capitalization of $95.02 billion, a P/E ratio of -188.18 and a beta of 3.25. MicroStrategy Incorporated has a 12 month low of $43.87 and a 12 month high of $543.00.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The software maker reported ($1.56) EPS for the quarter, missing the consensus estimate of ($0.12) by ($1.44). MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The company had revenue of $116.07 million during the quarter, compared to the consensus estimate of $121.45 million. During the same period in the previous year, the firm posted ($8.98) earnings per share. The company's revenue was down 10.3% on a year-over-year basis.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. BTIG Research boosted their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. Barclays boosted their price objective on shares of MicroStrategy from $275.00 to $515.00 and gave the company an "overweight" rating in a research report on Monday, November 25th. Sanford C. Bernstein restated an "outperform" rating and issued a $600.00 target price on shares of MicroStrategy in a research note on Thursday, December 12th. Benchmark reaffirmed a "buy" rating and set a $650.00 price target on shares of MicroStrategy in a research note on Tuesday, January 14th. Finally, Maxim Group increased their price objective on MicroStrategy from $193.00 to $270.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $479.25.

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.