251 Shares in MicroStrategy Incorporated (NASDAQ:MSTR) Acquired by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the fourth quarter, Holdings Channel reports. The firm purchased 251 shares of the software maker’s stock, valued at approximately $73,000.

Other hedge funds have also recently added to or reduced their stakes in the company. UMB Bank n.a. grew its stake in MicroStrategy by 900.0% during the 3rd quarter. UMB Bank n.a. now owns 150 shares of the software maker’s stock worth $25,000 after buying an additional 135 shares during the last quarter. AlphaMark Advisors LLC grew its stake in MicroStrategy by 2,900.0% during the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock worth $25,000 after buying an additional 145 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in MicroStrategy during the 3rd quarter worth approximately $27,000. Sunbelt Securities Inc. lifted its position in MicroStrategy by 900.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock worth $27,000 after acquiring an additional 144 shares during the period. Finally, ST Germain D J Co. Inc. lifted its position in MicroStrategy by 900.0% during the 3rd quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock worth $29,000 after acquiring an additional 153 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Insider Activity

In other news, Director Stephen X. Graham sold 20,000 shares of MicroStrategy stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $451.36, for a total value of $9,027,200.00. Following the completion of the sale, the director now owns 6,970 shares of the company’s stock, valued at $3,145,979.20. The trade was a 74.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Jeanine Montgomery sold 752 shares of MicroStrategy stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $322.45, for a total value of $242,482.40. Following the completion of the sale, the chief accounting officer now directly owns 6,418 shares of the company’s stock, valued at approximately $2,069,484.10. This represents a 10.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 40,050 shares of company stock valued at $16,314,110 over the last quarter. Company insiders own 9.16% of the company’s stock.

Analyst Upgrades and Downgrades

MSTR has been the subject of a number of recent research reports. TD Cowen increased their price objective on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Canaccord Genuity Group reduced their price target on MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Keefe, Bruyette & Woods started coverage on MicroStrategy in a report on Friday. They issued an “outperform” rating and a $560.00 price target for the company. Cantor Fitzgerald raised their price target on MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $600.00 price target on shares of MicroStrategy in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $536.90.

MicroStrategy Stock Performance

MicroStrategy stock opened at $334.62 on Tuesday. 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 has a fifty day moving average of $354.16 and a two-hundred day moving average of $257.96. MicroStrategy Incorporated has a fifty-two week low of $65.02 and a fifty-two week high of $543.00.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

About MicroStrategy

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.