Private Advisor Group LLC Acquires 7,463 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Private Advisor Group LLC boosted its holdings in MicroStrategy Incorporated (NASDAQ:MSTR) by 28.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 33,564 shares of the software maker’s stock after acquiring an additional 7,463 shares during the quarter. Private Advisor Group LLC’s holdings in MicroStrategy were worth $9,721,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Private Wealth Management Group LLC lifted its holdings in shares of MicroStrategy by 208.8% in the fourth 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 in the last quarter. Compagnie Lombard Odier SCmA purchased a new stake in MicroStrategy in the 4th quarter valued at $32,000. Activest Wealth Management bought a new position in MicroStrategy during the 4th quarter valued at $33,000. SOA Wealth Advisors LLC. bought a new position in shares of MicroStrategy during the fourth quarter valued at about $37,000. Finally, Game Plan Financial Advisors LLC purchased a new position in MicroStrategy during the fourth quarter worth about $37,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Analyst Ratings Changes

MSTR has been the topic of several recent analyst reports. Maxim Group lifted their target price 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. BTIG Research raised their price objective on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Keefe, Bruyette & Woods assumed coverage on shares of MicroStrategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 target price on the stock. Mizuho initiated coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target for the company. Finally, Barclays dropped their price objective on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $536.90.

MicroStrategy Trading Up 1.6 %

NASDAQ:MSTR opened at $323.92 on Friday. The company has a market cap of $77.63 billion, a P/E ratio of -57.50 and a beta of 3.25. MicroStrategy Incorporated has a 1 year low of $66.43 and a 1 year high of $543.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The stock’s fifty day moving average price is $344.48 and its two-hundred day moving average price is $265.91.

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

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.