Charles Schwab Investment Management Inc. increased its position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 14.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 761,776 shares of the software maker's stock after purchasing an additional 97,515 shares during the period. Charles Schwab Investment Management Inc. owned 0.32% of MicroStrategy worth $220,626,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of MSTR. Steward Partners Investment Advisory LLC boosted its position in shares of MicroStrategy by 53.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,668 shares of the software maker's stock worth $2,221,000 after acquiring an additional 2,674 shares in the last quarter. Schechter Investment Advisors LLC acquired a new position in MicroStrategy in the fourth quarter valued at approximately $324,000. SBI Securities Co. Ltd. purchased a new position in MicroStrategy in the fourth quarter valued at approximately $11,020,000. Riverview Trust Co acquired a new stake in MicroStrategy during the fourth quarter worth approximately $25,000. Finally, SRS Capital Advisors Inc. lifted its position in shares of MicroStrategy by 761.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 543 shares of the software maker's stock worth $157,000 after buying an additional 480 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.
Analyst Ratings Changes
Several research firms have issued reports on MSTR. 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. TD Cowen upped their target price on MicroStrategy from $392.00 to $525.00 and gave the company a "buy" rating in a research report on Monday, November 25th. Mizuho assumed coverage on MicroStrategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target on the stock. Benchmark reissued a "buy" rating and issued a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. Finally, Compass Point upgraded shares of MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, MicroStrategy presently has an average rating of "Moderate Buy" and an average price target of $536.90.
Get Our Latest Stock Report on MSTR
MicroStrategy Stock Performance
Shares of NASDAQ:MSTR traded down $47.91 during trading on Monday, reaching $239.27. The company had a trading volume of 31,309,662 shares, compared to its average volume of 18,864,093. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The stock's fifty day moving average price is $325.57 and its 200 day moving average price is $278.68. MicroStrategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00. The firm has a market capitalization of $61.58 billion, a price-to-earnings ratio of -42.48 and a beta of 3.36.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (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
(
Free Report)
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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