MicroStrategy Incorporated (NASDAQ:MSTR) Shares Bought by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lifted its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 29.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,131 shares of the software maker’s stock after buying an additional 1,181 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in MicroStrategy were worth $1,486,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in MicroStrategy by 990.6% during the third quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock valued at $465,573,000 after purchasing an additional 2,512,645 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of MicroStrategy by 587.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker’s stock valued at $111,994,000 after acquiring an additional 567,628 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of MicroStrategy by 971.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker’s stock valued at $107,855,000 after acquiring an additional 579,994 shares during the last quarter. Swiss National Bank increased its position in MicroStrategy by 904.7% during the third quarter. Swiss National Bank now owns 468,200 shares of the software maker’s stock worth $78,939,000 after purchasing an additional 421,600 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in MicroStrategy by 21.0% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 415,098 shares of the software maker’s stock worth $120,221,000 after purchasing an additional 71,934 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

MicroStrategy Price Performance

MSTR stock opened at $337.73 on Tuesday. The business’s 50-day moving average is $348.57 and its two-hundred day moving average is $263.80. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. MicroStrategy Incorporated has a 1 year low of $66.43 and a 1 year high of $543.00. The firm has a market capitalization of $80.94 billion, a P/E ratio of -59.96 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last issued its earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on MSTR shares. Mizuho assumed coverage on shares of MicroStrategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target for the company. Cantor Fitzgerald raised their target price on MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. BTIG Research lifted their target price on MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Maxim Group increased their price target on MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, February 6th. Finally, Canaccord Genuity Group reduced their price objective on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. 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 stock. According to MarketBeat, MicroStrategy currently has a consensus rating of “Moderate Buy” and an average target price of $536.90.

Insider Transactions at MicroStrategy

In other news, Director Stephen X. Graham sold 20,000 shares of MicroStrategy stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $451.36, for a total value of $9,027,200.00. Following the transaction, the director now directly owns 6,970 shares of the company’s stock, valued at $3,145,979.20. The trade was a 74.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 9.16% of the company’s stock.

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.