Sterling Investment Advisors Ltd. Has $1.56 Million Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Sterling Investment Advisors Ltd. raised its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 0.9% in the fourth quarter, HoldingsChannel reports. The fund owned 5,380 shares of the software maker’s stock after purchasing an additional 50 shares during the quarter. Sterling Investment Advisors Ltd.’s holdings in MicroStrategy were worth $1,558,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in MSTR. Allspring Global Investments Holdings LLC lifted its holdings in MicroStrategy by 820.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 359 shares of the software maker’s stock worth $61,000 after acquiring an additional 320 shares during the period. Signaturefd LLC raised its stake in shares of MicroStrategy by 1,154.0% in the third quarter. Signaturefd LLC now owns 627 shares of the software maker’s stock valued at $106,000 after buying an additional 577 shares during the period. Private Advisor Group LLC raised its stake in shares of MicroStrategy by 1,579.6% in the third quarter. Private Advisor Group LLC now owns 26,101 shares of the software maker’s stock valued at $4,401,000 after buying an additional 24,547 shares during the period. International Assets Investment Management LLC raised its stake in shares of MicroStrategy by 224,965.1% in the third quarter. International Assets Investment Management LLC now owns 238,569 shares of the software maker’s stock valued at $40,223,000 after buying an additional 238,463 shares during the period. Finally, CENTRAL TRUST Co grew its position in shares of MicroStrategy by 900.0% in the third quarter. CENTRAL TRUST Co now owns 1,240 shares of the software maker’s stock valued at $209,000 after purchasing an additional 1,116 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

MicroStrategy Stock Performance

Shares of MSTR opened at $282.76 on Tuesday. MicroStrategy Incorporated has a 12 month low of $68.79 and a 12 month high of $543.00. The business’s fifty day simple moving average is $339.79 and its two-hundred day simple moving average is $270.04. The company has a market cap of $67.76 billion, a price-to-earnings ratio of -50.20 and a beta of 3.25. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) 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%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on MSTR shares. Canaccord Genuity Group reduced their target price on MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Compass Point upgraded MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. Keefe, Bruyette & Woods assumed coverage on MicroStrategy in a report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective for the company. BTIG Research upped their price objective on MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, Barclays cut their price objective on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a report on Monday, February 10th. One 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 stock. According to MarketBeat.com, MicroStrategy currently has an average rating of “Moderate Buy” and a consensus target price of $536.90.

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.