MicroStrategy Incorporated (NASDAQ:MSTR) Stock Position Boosted by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its position in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 31.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,067 shares of the software maker's stock after acquiring an additional 1,216 shares during the quarter. Wealthcare Advisory Partners LLC's holdings in MicroStrategy were worth $1,468,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of MicroStrategy during the second quarter worth about $106,000. Semmax Financial Advisors Inc. lifted its position in MicroStrategy by 900.0% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 100 shares of the software maker's stock worth $138,000 after acquiring an additional 90 shares in the last quarter. Versant Capital Management Inc boosted its holdings in MicroStrategy by 38.2% in 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 period. UMB Bank n.a. grew its position in MicroStrategy by 900.0% in the third 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 in the last quarter. Finally, AlphaMark Advisors LLC raised its stake in shares of MicroStrategy by 2,900.0% during the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker's stock valued at $25,000 after purchasing an additional 145 shares during the period. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Stephen X. Graham sold 20,000 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $451.36, for a total value of $9,027,200.00. Following the sale, the director now owns 6,970 shares of the company's stock, valued at $3,145,979.20. This trade represents a 74.16 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Jeanine Montgomery sold 56,250 shares of MicroStrategy stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $257.41, for a total transaction of $14,479,312.50. Following the completion of the sale, the chief accounting officer now owns 5,670 shares in the company, valued at approximately $1,459,514.70. This represents a 90.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 102,000 shares of company stock valued at $32,259,177. Company insiders own 9.16% of the company's stock.

MicroStrategy Stock Performance

Shares of MSTR traded up $29.50 during mid-day trading on Friday, hitting $396.50. The stock had a trading volume of 24,214,007 shares, compared to its average volume of 19,841,848. MicroStrategy Incorporated has a fifty-two week low of $43.87 and a fifty-two week high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.12. The company has a market cap of $95.02 billion, a PE ratio of -188.18 and a beta of 3.25. The company's fifty day simple moving average is $363.86 and its two-hundred day simple moving average is $235.52.

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on MSTR shares. BTIG Research raised their price target on shares of MicroStrategy from $290.00 to $570.00 and gave the company a "buy" rating in a report on Thursday, November 21st. Canaccord Genuity Group raised their target price on MicroStrategy from $300.00 to $510.00 and gave the company a "buy" rating in a research note on Monday, November 25th. Maxim Group boosted their price target on MicroStrategy from $193.00 to $270.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. Sanford C. Bernstein restated an "outperform" rating and set a $600.00 price objective on shares of MicroStrategy in a research note on Thursday, December 12th. Finally, Barclays upped their target price on MicroStrategy from $275.00 to $515.00 and gave the company an "overweight" rating in a research report on Monday, November 25th. One investment analyst has rated the stock with a sell rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $479.25.

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.