WR Wealth Planners LLC Purchases 48 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

WR Wealth Planners LLC grew its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 22.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 260 shares of the software maker’s stock after acquiring an additional 48 shares during the period. WR Wealth Planners LLC’s holdings in MicroStrategy were worth $75,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new position in MicroStrategy during the 3rd quarter worth $27,000. Sunbelt Securities Inc. grew 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 buying an additional 144 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of MicroStrategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock valued at $27,000 after buying an additional 76 shares during the period. Aspect Partners LLC bought a new stake in MicroStrategy during the 4th quarter worth approximately $28,000. Finally, Private Wealth Management Group LLC boosted its stake in shares of MicroStrategy by 208.8% in the 4th 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 last quarter. 59.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MSTR has been the topic of several research analyst reports. TD Cowen upped 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. Compass Point upgraded MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods started coverage on MicroStrategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective on the stock. Benchmark restated a “buy” rating and set a $650.00 target price on shares of MicroStrategy in a research report on Tuesday, January 14th. Finally, Barclays dropped their target price on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. One equities research 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $536.90.

MicroStrategy Stock Performance

Shares of MSTR opened at $255.48 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 $96.04 and a one year high of $543.00. The company has a 50-day simple moving average of $331.44 and a two-hundred day simple moving average of $272.40. The firm has a market capitalization of $61.23 billion, a PE ratio of -45.35 and a beta of 3.25.

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

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.