Creative Financial Designs Inc. ADV Increases Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Creative Financial Designs Inc. ADV lifted its holdings in MicroStrategy Incorporated (NASDAQ:MSTR) by 61.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 582 shares of the software maker’s stock after purchasing an additional 222 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in MicroStrategy were worth $169,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Geode Capital Management LLC boosted its holdings in MicroStrategy by 990.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock worth $465,573,000 after buying an additional 2,512,645 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in MicroStrategy by 14.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker’s stock worth $220,626,000 after buying an additional 97,515 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in MicroStrategy by 971.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker’s stock worth $107,855,000 after buying an additional 579,994 shares during the last quarter. Amundi boosted its holdings in MicroStrategy by 262.8% in the 4th quarter. Amundi now owns 570,217 shares of the software maker’s stock worth $165,146,000 after buying an additional 413,028 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in MicroStrategy by 10.4% in the 4th quarter. Swiss National Bank now owns 517,000 shares of the software maker’s stock worth $149,734,000 after buying an additional 48,800 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Monness Crespi & Hardt assumed coverage on MicroStrategy in a report on Wednesday. They issued a “neutral” rating on the stock. Barclays lowered their price objective on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Cantor Fitzgerald boosted their target price on MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Mizuho initiated coverage on MicroStrategy in a research report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price target for the company. Finally, Canaccord Genuity Group dropped their price target on MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $536.90.

MicroStrategy Trading Up 7.4 %

Shares of MicroStrategy stock opened at $304.23 on Thursday. The firm has a market capitalization of $78.29 billion, a price-to-earnings ratio of -54.01 and a beta of 3.36. MicroStrategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The stock has a 50 day moving average of $318.18 and a 200 day moving average of $285.38.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data 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%.

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.