Pine Valley Investments Ltd Liability Co Takes $748,000 Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Pine Valley Investments Ltd Liability Co purchased a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,582 shares of the software maker’s stock, valued at approximately $748,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in shares of MicroStrategy during the 3rd quarter valued at $27,000. Sunbelt Securities Inc. grew its holdings in shares of MicroStrategy by 900.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after acquiring an additional 144 shares in the last quarter. Aspect Partners LLC bought a new stake in MicroStrategy in the fourth quarter worth $28,000. Private Wealth Management Group LLC boosted its holdings in 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 purchasing an additional 71 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in MicroStrategy in the third quarter worth $32,000. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. TD Cowen upped their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Keefe, Bruyette & Woods assumed coverage on shares of MicroStrategy in a report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective for the company. Benchmark reiterated a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. Finally, Cantor Fitzgerald upped their price objective on shares of MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, MicroStrategy currently has a consensus rating of “Moderate Buy” and an average target price of $536.90.

MicroStrategy Stock Up 5.1 %

MicroStrategy stock opened at $263.27 on Thursday. The firm has a market cap of $63.09 billion, a price-to-earnings ratio of -46.74 and a beta of 3.25. 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 fifty-two week low of $84.18 and a fifty-two week high of $543.00. The firm has a fifty day moving average price of $335.34 and a two-hundred day moving average price of $270.80.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data 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 net margin of 251.73% and a negative return on equity of 19.01%.

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.