MicroStrategy Incorporated (NASDAQ:MSTR) Shares Bought by X Square Capital LLC

X Square Capital LLC raised its holdings in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 11.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,605 shares of the software maker's stock after acquiring an additional 1,405 shares during the period. MicroStrategy makes up approximately 1.6% of X Square Capital LLC's investment portfolio, making the stock its 14th largest position. X Square Capital LLC's holdings in MicroStrategy were worth $3,940,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of MSTR. Riverview Trust Co acquired a new stake in shares of MicroStrategy during the 4th quarter worth approximately $25,000. IAG Wealth Partners LLC purchased a new stake in MicroStrategy in the fourth quarter valued at $25,000. Sunbelt Securities Inc. lifted its stake in shares of MicroStrategy by 900.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker's stock valued at $27,000 after purchasing an additional 144 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of MicroStrategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after purchasing an additional 76 shares during the period. Finally, Aspect Partners LLC acquired a new stake in shares of MicroStrategy during the 4th quarter worth about $28,000. 59.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at MicroStrategy

In other MicroStrategy news, EVP Wei-Ming Shao bought 500 shares of the firm's stock in a transaction dated Thursday, March 20th. The stock was acquired at an average price of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the purchase, the executive vice president now owns 500 shares of the company's stock, valued at approximately $42,500. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Phong Le purchased 6,000 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The stock was bought at an average price of $85.00 per share, for a total transaction of $510,000.00. Following the transaction, the chief executive officer now directly owns 6,000 shares in the company, valued at $510,000. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 8,000 shares of company stock worth $680,000 and sold 22,998 shares worth $7,671,926. 9.16% of the stock is owned by insiders.

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Wall Street Analyst Weigh In

Several equities analysts have recently commented on MSTR shares. Sanford C. Bernstein restated an "outperform" rating and issued a $600.00 price objective on shares of MicroStrategy in a report on Thursday, December 12th. Monness Crespi & Hardt started coverage on MicroStrategy in a research report on Wednesday, March 19th. They set a "neutral" rating for the company. Barclays dropped their price objective on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. Benchmark restated a "buy" rating and set a $650.00 target price on shares of MicroStrategy in a report on Tuesday, January 14th. Finally, Canaccord Genuity Group dropped their price objective on shares of MicroStrategy from $510.00 to $409.00 and set a "buy" rating for the company in a report on Thursday, February 6th. One analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $536.90.

MicroStrategy Stock Performance

NASDAQ MSTR traded up $1.59 during trading hours on Monday, hitting $291.00. The company had a trading volume of 7,963,013 shares, compared to its average volume of 17,848,914. The business has a 50 day moving average of $313.64 and a 200-day moving average of $296.05. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. MicroStrategy Incorporated has a 1-year low of $101.00 and a 1-year high of $543.00. The company has a market cap of $74.89 billion, a PE ratio of -51.89 and a beta of 3.36.

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 return on equity of 19.01% and a negative net margin of 251.73%.

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.