MicroStrategy Incorporated (NASDAQ:MSTR) Shares Acquired by Realta Investment Advisors

Realta Investment Advisors lifted its holdings in MicroStrategy Incorporated (NASDAQ:MSTR) by 20.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,762 shares of the software maker’s stock after buying an additional 2,456 shares during the period. MicroStrategy makes up approximately 1.8% of Realta Investment Advisors’ portfolio, making the stock its 10th biggest holding. Realta Investment Advisors’ holdings in MicroStrategy were worth $4,275,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Golden State Wealth Management LLC purchased a new position in shares of MicroStrategy in the 4th quarter worth approximately $3,893,000. Tobam boosted its stake in shares of MicroStrategy by 334.1% in the 4th quarter. Tobam now owns 14,928 shares of the software maker’s stock worth $4,323,000 after buying an additional 11,489 shares during the last quarter. Beese Fulmer Investment Management Inc. purchased a new position in shares of MicroStrategy in the 4th quarter worth approximately $351,000. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of MicroStrategy by 21.0% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 415,098 shares of the software maker’s stock worth $120,221,000 after buying an additional 71,934 shares during the last quarter. Finally, Telligent Fund LP purchased a new position in shares of MicroStrategy in the 4th quarter worth approximately $869,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Insider Buying and Selling at MicroStrategy

In other news, EVP Wei-Ming Shao sold 18,000 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $368.01, for a total transaction of $6,624,180.00. Following the completion of the sale, the executive vice president now directly owns 6,460 shares in the company, valued at approximately $2,377,344.60. This represents a 73.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Jeanine Montgomery sold 752 shares of the stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $322.45, for a total transaction of $242,482.40. Following the sale, the chief accounting officer now owns 6,418 shares of the company’s stock, valued at approximately $2,069,484.10. This represents a 10.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,050 shares of company stock worth $16,314,110 over the last three months. Company insiders own 9.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on MSTR. Cantor Fitzgerald boosted their target price on MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research note on Thursday. Canaccord Genuity Group lowered their price target on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a report on Thursday. Compass Point raised shares of MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. Keefe, Bruyette & Woods assumed coverage on shares of MicroStrategy in a report on Friday. They issued an “outperform” rating and a $560.00 price target on the stock. Finally, BTIG Research lifted their price target on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $546.30.

MicroStrategy Stock Down 3.3 %

Shares of NASDAQ:MSTR opened at $325.46 on Friday. MicroStrategy Incorporated has a 52-week low of $46.75 and a 52-week high of $543.00. The firm has a fifty day moving average of $356.27 and a 200 day moving average of $254.50. The firm has a market capitalization of $78.00 billion, a PE ratio of -154.47 and a beta of 3.25. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.65 and a current ratio of 0.65.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly 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 net margin of 87.05% and a negative return on equity of 17.31%.

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.