Crew Capital Management Ltd. Purchases Shares of 1,149 MicroStrategy Incorporated (NASDAQ:MSTR)

Crew Capital Management Ltd. acquired a new position in MicroStrategy Incorporated (NASDAQ:MSTR) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 1,149 shares of the software maker’s stock, valued at approximately $333,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Riverview Trust Co acquired a new stake in shares of MicroStrategy in the fourth quarter worth $25,000. Parkside Financial Bank & Trust grew its stake in shares of 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 acquiring an additional 76 shares during the last quarter. Aspect Partners LLC acquired a new stake in shares of MicroStrategy in the fourth quarter worth $28,000. Private Wealth Management Group LLC grew its stake in shares of MicroStrategy by 208.8% in the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after acquiring an additional 71 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA acquired a new stake in shares of MicroStrategy in the fourth quarter worth $32,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

MicroStrategy Stock Up 9.7 %

Shares of NASDAQ MSTR opened at $275.15 on Wednesday. The stock has a market cap of $70.81 billion, a PE ratio of -48.85 and a beta of 3.25. The business has a fifty day moving average of $328.15 and a two-hundred day moving average of $275.23. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00. 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 (NASDAQ:MSTR) last issued its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) 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%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MSTR. TD Cowen raised their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Benchmark reaffirmed a “buy” rating and issued a $650.00 target price on shares of MicroStrategy in a research report on Tuesday, January 14th. Compass Point raised MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Barclays reduced their target price on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Finally, Cantor Fitzgerald raised their target price on MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, MicroStrategy currently has a consensus rating of “Moderate Buy” and an average target price of $536.90.

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.