GWN Securities Inc. Purchases Shares of 6,080 MicroStrategy Incorporated (NASDAQ:MSTR)

GWN Securities Inc. purchased a new stake in MicroStrategy Incorporated (NASDAQ:MSTR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,080 shares of the software maker’s stock, valued at approximately $1,761,000.

Other hedge funds have also recently bought and sold shares of the company. Riverview Trust Co bought a new stake in MicroStrategy in the 4th quarter valued at $25,000. IAG Wealth Partners LLC bought a new stake in MicroStrategy in the 4th quarter valued at $25,000. Sunbelt Securities Inc. boosted its holdings in MicroStrategy by 900.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after purchasing an additional 144 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of MicroStrategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock valued at $27,000 after buying an additional 76 shares in the last quarter. Finally, Aspect Partners LLC acquired a new position in shares of MicroStrategy in the 4th quarter valued at $28,000. 59.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MSTR has been the subject of a number of recent research reports. Maxim Group increased their price objective on shares of 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 dropped their price objective 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. Benchmark restated a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. Sanford C. Bernstein restated an “outperform” rating and issued a $600.00 price objective on shares of MicroStrategy in a research note on Thursday, December 12th. Finally, Keefe, Bruyette & Woods initiated coverage on shares of MicroStrategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective for the company. One research 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 presently has a consensus rating of “Moderate Buy” and an average target price of $536.90.

MicroStrategy Trading Up 13.0 %

MSTR opened at $297.49 on Friday. 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 market capitalization of $76.56 billion, a PE ratio of -52.81 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 firm has a 50-day moving average price of $321.59 and a two-hundred day moving average price of $281.99.

MicroStrategy (NASDAQ:MSTR) last posted 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.