Avantax Planning Partners Inc. purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,175 shares of the software maker's stock, valued at approximately $340,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Riverview Trust Co purchased a new position in shares of MicroStrategy in the 4th quarter worth approximately $25,000. Parkside Financial Bank & Trust boosted its position in MicroStrategy by 422.2% in the fourth 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 last quarter. Aspect Partners LLC bought a new position in MicroStrategy in the 4th quarter valued at $28,000. Private Wealth Management Group LLC increased its position in shares of MicroStrategy by 208.8% during the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker's stock valued at $30,000 after purchasing an additional 71 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA bought a new stake in shares of MicroStrategy during the 4th quarter worth $32,000. 59.84% of the stock is owned by hedge funds and other institutional investors.
NASDAQ MSTR traded up $0.71 during trading hours on Thursday, reaching $263.26. 13,740,584 shares of the stock traded hands, compared to its average volume of 18,608,548. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The stock has a 50 day simple moving average of $323.17 and a two-hundred day simple moving average of $280.08. 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 $67.75 billion, a price-to-earnings ratio of -46.74 and a beta of 3.36.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.
Several equities analysts recently weighed in on MSTR shares. Maxim Group increased their price target on shares of MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. Compass Point raised shares of MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Mizuho began coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target for the company. Cantor Fitzgerald increased their price target on MicroStrategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Finally, BTIG Research lifted their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $536.90.
View Our Latest Analysis on 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.
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