MicroStrategy Incorporated (NASDAQ:MSTR) Shares Purchased by Capital Wealth Alliance LLC

Capital Wealth Alliance LLC boosted its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 0.4% in the fourth quarter, Holdings Channel reports. The firm owned 43,531 shares of the software maker’s stock after purchasing an additional 191 shares during the quarter. MicroStrategy accounts for about 7.1% of Capital Wealth Alliance LLC’s investment portfolio, making the stock its 3rd largest position. Capital Wealth Alliance LLC’s holdings in MicroStrategy were worth $12,607,000 as of its most recent filing with the Securities & Exchange Commission.

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

MicroStrategy Stock Performance

Shares of NASDAQ:MSTR opened at $334.62 on Tuesday. MicroStrategy Incorporated has a 1 year low of $65.02 and a 1 year high of $543.00. The stock’s 50-day moving average is $354.16 and its 200 day moving average is $257.96. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) 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%.

Insider Activity

In other MicroStrategy news, Director Stephen X. Graham sold 20,000 shares of the stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $451.36, for a total value of $9,027,200.00. Following the transaction, the director now owns 6,970 shares of the company’s stock, valued at approximately $3,145,979.20. This represents a 74.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Jeanine Montgomery sold 752 shares of MicroStrategy stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $322.45, for a total value of $242,482.40. Following the transaction, the chief accounting officer now owns 6,418 shares in the company, valued at $2,069,484.10. This trade represents a 10.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,050 shares of company stock worth $16,314,110 in the last quarter. 9.16% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on MSTR shares. Maxim Group boosted their price objective on MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Canaccord Genuity Group cut their target price on MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. BTIG Research increased their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a report on Thursday, November 21st. TD Cowen boosted their price objective on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Finally, Compass Point raised MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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.