MicroStrategy Incorporated (NASDAQ:MSTR) Shares Bought by Gilbert & Cook Inc.

Gilbert & Cook Inc. boosted its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 5.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,100 shares of the software maker’s stock after acquiring an additional 100 shares during the period. Gilbert & Cook Inc.’s holdings in MicroStrategy were worth $608,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Lewis Asset Management LLC acquired a new position in MicroStrategy during the 4th quarter worth $224,000. Synergy Asset Management LLC increased its stake in shares of MicroStrategy by 117.5% during the 4th quarter. Synergy Asset Management LLC now owns 19,384 shares of the software maker’s stock worth $5,614,000 after purchasing an additional 10,473 shares during the last quarter. Masso Torrence Wealth Management Inc. boosted its position in shares of MicroStrategy by 1.8% during the 4th quarter. Masso Torrence Wealth Management Inc. now owns 3,055 shares of the software maker’s stock worth $885,000 after acquiring an additional 55 shares in the last quarter. Forsta AP Fonden increased its holdings in MicroStrategy by 12.5% in the fourth quarter. Forsta AP Fonden now owns 37,800 shares of the software maker’s stock valued at $10,948,000 after purchasing an additional 4,200 shares during the period. Finally, Robeco Institutional Asset Management B.V. bought a new stake in shares of MicroStrategy during the fourth quarter worth about $16,980,000. 59.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on MSTR. BTIG Research boosted their price objective on shares of MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Benchmark reissued a “buy” rating and set a $650.00 price target on shares of MicroStrategy in a research note on Tuesday, January 14th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $600.00 target price on shares of MicroStrategy in a report on Thursday, December 12th. Mizuho started coverage on MicroStrategy in a research note on Wednesday. They set an “outperform” rating and a $515.00 price objective on the stock. Finally, TD Cowen increased their price objective on MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research note on Monday, November 25th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, MicroStrategy presently has an average rating of “Moderate Buy” and a consensus price target of $483.22.

MicroStrategy Stock Performance

Shares of NASDAQ:MSTR traded up $11.76 during trading on Thursday, hitting $353.01. 1,314,104 shares of the stock traded hands, compared to its average volume of 18,721,939. The company has a fifty day moving average price of $362.51 and a two-hundred day moving average price of $247.80. The company has a market cap of $84.60 billion, a price-to-earnings ratio of -168.51 and a beta of 3.25. MicroStrategy Incorporated has a 52-week low of $46.75 and a 52-week high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.12.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Wednesday, October 30th. The software maker reported ($1.56) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($1.44). The business had revenue of $116.07 million during the quarter, compared to analyst estimates of $121.45 million. MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. During the same period in the previous year, the company posted ($8.98) EPS. The business’s revenue for the quarter was down 10.3% compared to the same quarter last year.

Insider Buying and Selling

In related news, CFO Andrew Kang sold 5,700 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $257.15, for a total transaction of $1,465,755.00. Following the completion of the transaction, the chief financial officer now directly owns 12,080 shares of the company’s stock, valued at $3,106,372. This represents a 32.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Jeanine Montgomery sold 56,250 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $257.41, for a total transaction of $14,479,312.50. Following the completion of the sale, the chief accounting officer now owns 5,670 shares of the company’s stock, valued at $1,459,514.70. This trade represents a 90.84 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,000 shares of company stock worth $32,259,177. Insiders own 9.16% of the company’s stock.

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.