XML Financial LLC Acquires New Position in MicroStrategy Incorporated (NASDAQ:MSTR)

XML Financial LLC bought a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the 4th quarter, Holdings Channel reports. The institutional investor bought 1,500 shares of the software maker’s stock, valued at approximately $434,000.

A number of other large investors have also recently modified their holdings of MSTR. UMB Bank n.a. raised its holdings in shares of MicroStrategy by 900.0% during the 3rd quarter. UMB Bank n.a. now owns 150 shares of the software maker’s stock worth $25,000 after buying an additional 135 shares in the last quarter. AlphaMark Advisors LLC raised its stake in MicroStrategy by 2,900.0% during the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock worth $25,000 after acquiring an additional 145 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of MicroStrategy in the third quarter worth about $27,000. Sunbelt Securities Inc. lifted its holdings in shares of MicroStrategy by 900.0% in the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock worth $27,000 after acquiring an additional 144 shares during the last quarter. Finally, ST Germain D J Co. Inc. boosted its stake in shares of MicroStrategy by 900.0% in the 3rd quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock valued at $29,000 after purchasing an additional 153 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insider Activity

In other news, EVP Wei-Ming Shao sold 18,000 shares of MicroStrategy stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $368.01, for a total value of $6,624,180.00. Following the completion of the sale, the executive vice president now owns 6,460 shares in the company, valued at $2,377,344.60. The trade was a 73.59 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Jeanine Montgomery sold 56,250 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $257.41, for a total transaction of $14,479,312.50. Following the transaction, the chief accounting officer now directly owns 5,670 shares in the company, valued at approximately $1,459,514.70. This represents a 90.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 102,000 shares of company stock valued at $32,259,177 in the last ninety days. 9.16% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on MSTR shares. TD Cowen increased their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Barclays increased their price target on MicroStrategy from $275.00 to $515.00 and gave the company an “overweight” rating in a research note on Monday, November 25th. Canaccord Genuity Group boosted their price objective on MicroStrategy from $300.00 to $510.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. BTIG Research increased their target price on MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, Maxim Group boosted their price target on MicroStrategy from $193.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. One analyst has rated the stock with a sell rating and eight have given a buy rating to the company. According to data from MarketBeat.com, MicroStrategy presently has a consensus rating of “Moderate Buy” and an average price target of $479.25.

MicroStrategy Stock Performance

Shares of MSTR stock opened at $377.31 on Thursday. 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 Incorporated has a one year low of $43.87 and a one year high of $543.00. The business’s 50 day simple moving average is $366.62 and its 200 day simple moving average is $240.20. The stock has a market capitalization of $90.42 billion, a PE ratio of -179.07 and a beta of 3.25.

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

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.