Wealthcare Advisory Partners LLC Boosts Stock Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Wealthcare Advisory Partners LLC raised its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 31.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,067 shares of the software maker’s stock after purchasing an additional 1,216 shares during the period. 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 (SEC).

Other hedge funds also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL acquired a new stake in MicroStrategy in the second quarter valued at approximately $106,000. Semmax Financial Advisors Inc. lifted its position in shares of 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 purchasing an additional 90 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of MicroStrategy by 38.2% during the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock worth $41,000 after purchasing an additional 39 shares in the last quarter. UMB Bank n.a. increased its holdings 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 buying an additional 135 shares during the last quarter. Finally, AlphaMark Advisors LLC increased its holdings in MicroStrategy by 2,900.0% in the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock valued at $25,000 after buying an additional 145 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

Wall Street Analyst Weigh In

MSTR has been the subject of several analyst reports. BTIG Research upped their price objective on MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Maxim Group increased their price target on shares of MicroStrategy from $193.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Benchmark restated a “buy” rating and issued a $650.00 target price on shares of MicroStrategy in a report on Tuesday, January 14th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a research report on Thursday, December 12th. Finally, Barclays boosted their price target 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. 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, the stock has a consensus rating of “Moderate Buy” and an average target price of $479.25.

MicroStrategy Stock Up 8.0 %

MicroStrategy stock opened at $396.50 on Friday. The stock has a 50 day moving average of $363.86 and a two-hundred day moving average of $234.79. MicroStrategy Incorporated has a twelve month low of $43.87 and a twelve month high of $543.00. The stock has a market capitalization of $95.02 billion, a price-to-earnings ratio of -188.18 and a beta of 3.25. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.12.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings data on Wednesday, October 30th. The software maker reported ($1.56) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($1.44). The firm had revenue of $116.07 million during the quarter, compared to analysts’ expectations of $121.45 million. MicroStrategy had a negative net margin of 87.05% and a negative return on equity of 17.31%. The business’s quarterly revenue was down 10.3% on a year-over-year basis. During the same quarter last year, the business earned ($8.98) earnings per share.

Insider Transactions at MicroStrategy

In related news, EVP Wei-Ming Shao sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $368.01, for a total value of $6,624,180.00. Following the completion of the sale, the executive vice president now owns 6,460 shares in the company, valued at $2,377,344.60. This trade represents a 73.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Jeanine Montgomery sold 56,250 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $257.41, for a total transaction of $14,479,312.50. Following the transaction, the chief accounting officer now owns 5,670 shares in the company, valued at $1,459,514.70. The trade was a 90.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 102,000 shares of company stock worth $32,259,177 over the last ninety days. 9.16% of the stock is currently owned by company insiders.

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.