Verus Capital Partners LLC Has $1.19 Million Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Verus Capital Partners LLC decreased its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 13.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,101 shares of the software maker’s stock after selling 660 shares during the period. Verus Capital Partners LLC’s holdings in MicroStrategy were worth $1,188,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Geode Capital Management LLC raised its holdings in shares of MicroStrategy by 990.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock worth $465,573,000 after acquiring an additional 2,512,645 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in MicroStrategy by 971.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker’s stock worth $107,855,000 after purchasing an additional 579,994 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of MicroStrategy by 587.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker’s stock worth $111,994,000 after purchasing an additional 567,628 shares during the last quarter. Swiss National Bank lifted its holdings in shares of MicroStrategy by 904.7% in the third quarter. Swiss National Bank now owns 468,200 shares of the software maker’s stock valued at $78,939,000 after purchasing an additional 421,600 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of MicroStrategy by 1,077.0% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 343,164 shares of the software maker’s stock valued at $57,857,000 after buying an additional 314,007 shares during the last quarter. 59.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Compass Point raised MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Canaccord Genuity Group reduced their target price on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Sanford C. Bernstein reissued an “outperform” rating and set a $600.00 price target on shares of MicroStrategy in a research report on Thursday, December 12th. TD Cowen upped their price objective 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. Finally, Benchmark reiterated a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $536.90.

MicroStrategy Stock Down 8.8 %

MicroStrategy stock opened at $240.05 on Friday. The firm has a 50 day moving average price of $333.62 and a 200-day moving average price of $270.58. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. MicroStrategy Incorporated has a twelve month low of $91.55 and a twelve month high of $543.00. The company has a market capitalization of $57.53 billion, a P/E ratio of -42.61 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

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.