Sava Infond d.o.o. Purchases Shares of 800 MicroStrategy Incorporated (NASDAQ:MSTR)

Sava Infond d.o.o. acquired a new stake in MicroStrategy Incorporated (NASDAQ:MSTR) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 800 shares of the software maker’s stock, valued at approximately $232,000.

Several other large investors also recently made changes to their positions in MSTR. National Bank of Canada FI grew its position in shares of MicroStrategy by 746.2% in 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 acquiring an additional 18,207 shares during the period. Proficio Capital Partners LLC acquired a new stake in MicroStrategy in the 4th quarter valued at about $81,783,000. Clarity Capital Partners LLC grew its holdings in MicroStrategy by 122.3% during the fourth quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker’s stock worth $7,274,000 after purchasing an additional 13,817 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in MicroStrategy during the third quarter worth about $254,000. Finally, Wellington Management Group LLP increased its position in MicroStrategy by 979.8% during the third quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker’s stock worth $1,134,000 after buying an additional 6,104 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insiders Place Their Bets

In related news, Director Leslie J. Rechan sold 15,000 shares of the company’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the completion of the sale, the director now directly owns 4,970 shares in the company, valued at $1,669,423. This represents a 75.11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Jeanine Montgomery sold 481 shares of MicroStrategy stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $329.27, for a total value of $158,378.87. Following the completion of the transaction, the chief accounting officer now owns 7,805 shares in the company, valued at approximately $2,569,952.35. This represents a 5.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have bought 8,000 shares of company stock worth $680,000 and have sold 22,998 shares worth $7,671,926. Corporate insiders own 9.16% of the company’s stock.

MicroStrategy Trading Down 1.4 %

Shares of MSTR stock opened at $324.59 on Friday. The stock has a market cap of $83.53 billion, a P/E ratio of -57.62 and a beta of 3.36. MicroStrategy Incorporated has a 1 year low of $101.00 and a 1 year high of $543.00. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The stock has a 50 day simple moving average of $315.78 and a 200 day simple moving average of $292.60.

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

Analysts Set New Price Targets

MSTR has been the topic of a number of recent analyst reports. Monness Crespi & Hardt started coverage on MicroStrategy in a report on Wednesday, March 19th. They set a “neutral” rating on the stock. Canaccord Genuity Group decreased their price objective on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Barclays cut their target price on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Cantor Fitzgerald upped their price target on shares of MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Keefe, Bruyette & Woods started coverage on shares of MicroStrategy in a research report on Friday, February 7th. They set an “outperform” rating and a $560.00 price objective for the company. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $536.90.

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.