Blueprint Investment Partners LLC bought a new position in MicroStrategy Incorporated (NASDAQ:MSTR – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,197 shares of the software maker’s stock, valued at approximately $636,000.
A number of other large investors have also made changes to their positions in the company. Optimum Investment Advisors acquired a new stake in MicroStrategy during the 4th quarter valued at $58,000. KLP Kapitalforvaltning AS purchased a new position in shares of MicroStrategy during the fourth quarter valued at $17,696,000. Sei Investments Co. raised its position in MicroStrategy by 39.3% during the fourth quarter. Sei Investments Co. now owns 11,972 shares of the software maker’s stock valued at $3,468,000 after buying an additional 3,376 shares during the period. American Century Companies Inc. lifted its stake in MicroStrategy by 7.3% in the 4th quarter. American Century Companies Inc. now owns 24,415 shares of the software maker’s stock worth $7,071,000 after acquiring an additional 1,667 shares in the last quarter. Finally, Plancorp LLC boosted its position in MicroStrategy by 9.7% during the 4th quarter. Plancorp LLC now owns 2,482 shares of the software maker’s stock worth $719,000 after acquiring an additional 220 shares during the period. Institutional investors and hedge funds own 59.84% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. Cantor Fitzgerald increased their price target on shares of MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Benchmark reiterated a “buy” rating and issued a $650.00 target price on shares of MicroStrategy in a research report on Tuesday, January 14th. Monness Crespi & Hardt initiated coverage on shares of MicroStrategy in a report on Wednesday. They set a “neutral” rating on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 price target on shares of MicroStrategy in a research note on Thursday, December 12th. Finally, Mizuho started coverage on MicroStrategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price objective for the company. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $536.90.
MicroStrategy Stock Performance
Shares of NASDAQ MSTR opened at $304.00 on Friday. The business’s 50-day simple moving average is $317.11 and its 200-day simple moving average is $287.84. MicroStrategy Incorporated has a 52 week low of $101.00 and a 52 week high of $543.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The firm has a market cap of $78.24 billion, a price-to-earnings ratio of -53.97 and a beta of 3.36.
MicroStrategy (NASDAQ:MSTR – Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS 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%.
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.
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