Capital Advisors Inc. OK Acquires 260 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Capital Advisors Inc. OK raised its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 12.5% in the 4th quarter, Holdings Channel reports. The firm owned 2,340 shares of the software maker’s stock after purchasing an additional 260 shares during the quarter. Capital Advisors Inc. OK’s holdings in MicroStrategy were worth $678,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MSTR. National Bank of Canada FI lifted its holdings in MicroStrategy by 746.2% during the 3rd quarter. National Bank of Canada FI now owns 20,647 shares of the software maker’s stock valued at $3,481,000 after buying an additional 18,207 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of MicroStrategy during the third quarter worth approximately $254,000. Wellington Management Group LLP raised its stake in shares of MicroStrategy by 979.8% during the third quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker’s stock valued at $1,134,000 after acquiring an additional 6,104 shares in the last quarter. US Bancorp DE raised its stake in shares of MicroStrategy by 782.8% during the third quarter. US Bancorp DE now owns 4,255 shares of the software maker’s stock valued at $717,000 after acquiring an additional 3,773 shares in the last quarter. Finally, Virtu Financial LLC boosted its holdings in shares of MicroStrategy by 10,398.4% in the third quarter. Virtu Financial LLC now owns 224,245 shares of the software maker’s stock valued at $37,808,000 after purchasing an additional 222,109 shares during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at MicroStrategy

In other MicroStrategy news, Director Stephen X. Graham sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the sale, the director now owns 6,970 shares of the company’s stock, valued at approximately $3,145,979.20. The trade was a 74.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.16% of the stock is currently owned by company insiders.

MicroStrategy Trading Up 2.3 %

NASDAQ MSTR opened at $326.82 on Thursday. MicroStrategy Incorporated has a 52 week low of $65.56 and a 52 week high of $543.00. The company has a 50 day moving average price of $351.50 and a 200 day moving average price of $259.45. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The firm has a market cap of $78.32 billion, a PE ratio of -58.02 and a beta of 3.25.

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

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Cantor Fitzgerald raised their price objective on MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. TD Cowen raised their price target on MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Benchmark reaffirmed a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods began coverage on shares of MicroStrategy in a research report on Friday, February 7th. They set an “outperform” rating and a $560.00 target price on the stock. Finally, Maxim Group upped their price target on shares of MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. One investment 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 company. Based on data from MarketBeat, MicroStrategy currently has a consensus rating of “Moderate Buy” and an average price target 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.