Beacon Capital Management LLC Acquires Shares of 3,520 MicroStrategy Incorporated (NASDAQ:MSTR)

Beacon Capital Management LLC acquired a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,520 shares of the software maker’s stock, valued at approximately $1,020,000.

A number of other large investors have also recently added to or reduced their stakes in MSTR. AlphaMark Advisors LLC boosted its stake in MicroStrategy by 2,900.0% during the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock valued at $25,000 after acquiring an additional 145 shares during the last quarter. Capital Performance Advisors LLP bought a new position in MicroStrategy during the 3rd quarter valued at $27,000. Sunbelt Securities Inc. boosted its stake in MicroStrategy by 900.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after acquiring an additional 144 shares during the last quarter. ST Germain D J Co. Inc. boosted its stake in MicroStrategy by 900.0% during the 3rd quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock valued at $29,000 after acquiring an additional 153 shares during the last quarter. Finally, Private Wealth Management Group LLC boosted its stake in MicroStrategy by 208.8% during the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock valued at $30,000 after acquiring an additional 71 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on MSTR. Sanford C. Bernstein reiterated an “outperform” rating and set a $600.00 price objective on shares of MicroStrategy in a research note on Thursday, December 12th. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. TD Cowen raised their price target 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. Canaccord Genuity Group reduced their price target on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods started coverage on shares of MicroStrategy in a research report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price target on the stock. 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 company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Trading Up 3.9 %

Shares of NASDAQ:MSTR opened at $337.73 on Friday. The company has a market cap of $80.94 billion, a PE ratio of -59.96 and a beta of 3.25. The company’s 50-day moving average price is $349.12 and its 200 day moving average price is $261.78. MicroStrategy Incorporated has a fifty-two week low of $66.43 and a fifty-two week high of $543.00. 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 (NASDAQ:MSTR) last released its 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%.

Insider Buying and Selling at MicroStrategy

In other MicroStrategy news, Director Stephen X. Graham sold 20,000 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the transaction, the director now owns 6,970 shares of the company’s stock, valued at approximately $3,145,979.20. This trade represents a 74.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 9.16% of the stock is owned by corporate insiders.

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.