Atria Wealth Solutions Inc. Has $4.57 Million Stake in MicroStrategy Incorporated (NASDAQ:MSTR)

Atria Wealth Solutions Inc. boosted its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 29.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,791 shares of the software maker’s stock after buying an additional 3,626 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in MicroStrategy were worth $4,573,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MSTR. Capital Performance Advisors LLP acquired a new stake in MicroStrategy during the 3rd quarter valued at approximately $27,000. Sunbelt Securities Inc. boosted its stake in shares of MicroStrategy by 900.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after purchasing an additional 144 shares during the last quarter. Private Wealth Management Group LLC increased its position in shares of MicroStrategy by 208.8% during the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after buying an additional 71 shares during the period. Darwin Wealth Management LLC acquired a new stake in shares of MicroStrategy during the third quarter worth $32,000. Finally, Compagnie Lombard Odier SCmA bought a new position in MicroStrategy during the fourth quarter worth $32,000. Institutional investors own 59.84% of the company’s stock.

MicroStrategy Trading Up 1.6 %

NASDAQ:MSTR opened at $323.92 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. MicroStrategy Incorporated has a one year low of $66.43 and a one year high of $543.00. The company has a market cap of $77.63 billion, a PE ratio of -57.50 and a beta of 3.25. The firm has a 50-day moving average of $344.48 and a 200-day moving average of $265.91.

MicroStrategy (NASDAQ:MSTR) last issued 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%.

Analysts Set New Price Targets

A number of brokerages have weighed in on MSTR. Compass Point upgraded MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. Maxim Group lifted their target price on MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, February 6th. Canaccord Genuity Group cut their price target on MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. BTIG Research lifted 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. Finally, Keefe, Bruyette & Woods started coverage on shares of MicroStrategy in a research note on Friday, February 7th. They set an “outperform” rating and a $560.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $536.90.

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.