MicroStrategy Incorporated (NASDAQ:MSTR) Shares Bought by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton grew its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 62.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 341 shares of the software maker’s stock after purchasing an additional 131 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in MicroStrategy were worth $99,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MSTR. American Century Companies Inc. grew its stake in MicroStrategy by 20.8% during the 2nd quarter. American Century Companies Inc. now owns 2,098 shares of the software maker’s stock worth $2,890,000 after buying an additional 361 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of MicroStrategy in the 2nd quarter valued at approximately $2,157,000. Dai ichi Life Insurance Company Ltd acquired a new stake in MicroStrategy in the 2nd quarter worth approximately $826,000. Rathbones Group PLC boosted its stake in MicroStrategy by 18.5% in the 2nd quarter. Rathbones Group PLC now owns 826 shares of the software maker’s stock worth $1,138,000 after purchasing an additional 129 shares in the last quarter. Finally, Edgestream Partners L.P. grew its position in MicroStrategy by 159.7% during the 2nd quarter. Edgestream Partners L.P. now owns 470 shares of the software maker’s stock worth $647,000 after purchasing an additional 289 shares during the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other MicroStrategy news, CFO Andrew Kang sold 5,700 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $257.15, for a total transaction of $1,465,755.00. Following the completion of the transaction, the chief financial officer now directly owns 12,080 shares in the company, valued at approximately $3,106,372. This represents a 32.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Stephen X. Graham sold 20,000 shares of MicroStrategy stock in a transaction dated 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 completion of the sale, the director now owns 6,970 shares in the company, valued at approximately $3,145,979.20. This trade represents a 74.16 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 102,000 shares of company stock worth $32,259,177. 13.18% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

MSTR has been the subject of a number of research analyst reports. Benchmark restated a “buy” rating and issued a $650.00 target price on shares of MicroStrategy in a research note on Tuesday. TD Cowen raised their price target on shares of 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 lifted their price objective on shares of MicroStrategy from $300.00 to $510.00 and gave the company a “buy” rating in a research note on Monday, November 25th. BTIG Research raised their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, Maxim Group upped their price target on shares of MicroStrategy from $193.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, October 31st. One analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $479.25.

MicroStrategy Stock Performance

MSTR opened at $342.17 on Wednesday. The firm has a fifty day moving average price of $355.08 and a 200 day moving average price of $228.98. MicroStrategy Incorporated has a 1 year low of $43.87 and a 1 year high of $543.00. The stock has a market cap of $82.00 billion, a P/E ratio of -162.40 and a beta of 3.25. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.65 and a quick ratio of 0.65.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Wednesday, October 30th. The software maker reported ($1.56) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($1.44). MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The firm had revenue of $116.07 million during the quarter, compared to analyst estimates of $121.45 million. During the same quarter last year, the company posted ($8.98) EPS. The company’s revenue was down 10.3% on a year-over-year basis.

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.