MicroStrategy Incorporated (NASDAQ:MSTR) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 145.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 142,183 shares of the software maker’s stock after buying an additional 84,353 shares during the quarter. Victory Capital Management Inc. owned about 0.06% of MicroStrategy worth $41,179,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Riverview Trust Co purchased a new stake in MicroStrategy in the fourth quarter valued at $25,000. Parkside Financial Bank & Trust lifted its holdings in shares of MicroStrategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock valued at $27,000 after purchasing an additional 76 shares during the last quarter. Aspect Partners LLC purchased a new stake in shares of MicroStrategy in the 4th quarter valued at about $28,000. Private Wealth Management Group LLC boosted its position in shares of MicroStrategy by 208.8% in the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock valued at $30,000 after purchasing an additional 71 shares during the period. Finally, Compagnie Lombard Odier SCmA purchased a new position in MicroStrategy during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

MicroStrategy Stock Performance

Shares of MSTR stock opened at $287.18 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The stock has a 50 day simple moving average of $325.57 and a 200-day simple moving average of $277.72. The company has a market cap of $73.91 billion, a price-to-earnings ratio of -50.98 and a beta of 3.36. MicroStrategy Incorporated has a 12-month low of $101.00 and a 12-month high of $543.00.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings results 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 equities research analysts have recently weighed in on MSTR shares. Barclays decreased their price objective on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Maxim Group raised their price objective on shares of MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a report on Thursday, December 12th. TD Cowen raised their price target on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Finally, Keefe, Bruyette & Woods started coverage on MicroStrategy in a research report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, MicroStrategy presently has an average rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Company 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.