Achmea Investment Management B.V. Acquires 3,053 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Achmea Investment Management B.V. lifted its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 25.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,266 shares of the software maker’s stock after purchasing an additional 3,053 shares during the period. Achmea Investment Management B.V.’s holdings in MicroStrategy were worth $4,422,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. GPS Wealth Strategies Group LLC raised its stake in shares of MicroStrategy by 3.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker’s stock worth $324,000 after purchasing an additional 35 shares during the period. Versant Capital Management Inc raised its stake in shares of MicroStrategy by 38.2% during the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock worth $41,000 after purchasing an additional 39 shares during the period. WR Wealth Planners LLC raised its stake in MicroStrategy by 22.6% in the 4th quarter. WR Wealth Planners LLC now owns 260 shares of the software maker’s stock valued at $75,000 after acquiring an additional 48 shares during the period. Sterling Investment Advisors Ltd. raised its stake in MicroStrategy by 0.9% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker’s stock valued at $1,558,000 after acquiring an additional 50 shares during the period. Finally, Mesirow Financial Investment Management Inc. raised its stake in MicroStrategy by 2.5% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 2,050 shares of the software maker’s stock valued at $594,000 after acquiring an additional 50 shares during the period. 59.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MSTR has been the topic of a number of research reports. Compass Point upgraded MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. Cantor Fitzgerald upped their price target on MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Mizuho began coverage on MicroStrategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target on the stock. Canaccord Genuity Group decreased their price target on MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Finally, Benchmark reiterated a “buy” rating and set a $650.00 price target on shares of MicroStrategy in a research report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, MicroStrategy has an average rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Stock Up 13.0 %

Shares of NASDAQ MSTR opened at $297.49 on Friday. The firm has a market capitalization of $76.56 billion, a price-to-earnings ratio of -52.81 and a beta of 3.36. The business has a 50-day moving average of $321.59 and a 200-day moving average of $281.01. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. MicroStrategy Incorporated has a 12 month low of $101.00 and a 12 month high of $543.00.

MicroStrategy (NASDAQ:MSTR) last issued its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (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 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.