World Investment Advisors Purchases New Position in MicroStrategy Incorporated (NASDAQ:MSTR)

World Investment Advisors acquired a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,098 shares of the software maker’s stock, valued at approximately $1,766,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Riverview Trust Co acquired a new stake in shares of MicroStrategy in the 4th quarter valued at $25,000. IAG Wealth Partners LLC bought a new position in MicroStrategy during the fourth quarter valued at about $25,000. Parkside Financial Bank & Trust lifted its position in shares of MicroStrategy by 422.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after buying an additional 76 shares during the last quarter. Aspect Partners LLC acquired a new stake in shares of MicroStrategy in the fourth quarter worth about $28,000. Finally, Private Wealth Management Group LLC boosted its stake in shares of MicroStrategy by 208.8% during the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after acquiring an additional 71 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Leslie J. Rechan sold 15,000 shares of the company’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total value of $5,038,500.00. Following the sale, the director now owns 4,970 shares of the company’s stock, valued at $1,669,423. The trade was a 75.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Wei-Ming Shao purchased 500 shares of the business’s stock in a transaction on Thursday, March 20th. The shares were acquired at an average price of $85.00 per share, with a total value of $42,500.00. Following the purchase, the executive vice president now owns 500 shares of the company’s stock, valued at approximately $42,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 8,000 shares of company stock worth $680,000 and have sold 22,998 shares worth $7,671,926. Corporate insiders own 9.16% of the company’s stock.

MicroStrategy Stock Up 4.0 %

MSTR stock opened at $293.61 on Friday. MicroStrategy Incorporated has a twelve month low of $101.00 and a twelve month high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The company has a market cap of $75.56 billion, a PE ratio of -52.12 and a beta of 3.36. The business’s 50-day simple moving average is $305.50 and its 200 day simple moving average is $299.41.

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 return on equity of 19.01% and a negative net margin of 251.73%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MSTR. Benchmark restated a “buy” rating and issued a $650.00 target price on shares of MicroStrategy in a report on Tuesday, January 14th. Maxim Group boosted their price objective on shares of MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Canaccord Genuity Group decreased their price objective on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Mizuho began coverage on shares of MicroStrategy in a report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 target price on the stock. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $600.00 price target on shares of MicroStrategy in a report on Thursday, December 12th. One 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 stock. According to MarketBeat.com, MicroStrategy has a consensus rating of “Moderate Buy” and a consensus price target of $508.09.

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.