Yousif Capital Management LLC Increases Stake in MicroStrategy Incorporated (NASDAQ:MSTR)

Yousif Capital Management LLC grew its position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 42.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,909 shares of the software maker's stock after buying an additional 873 shares during the quarter. Yousif Capital Management LLC's holdings in MicroStrategy were worth $839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in MSTR. Proficio Capital Partners LLC bought a new position in shares of MicroStrategy in the fourth quarter worth about $81,783,000. Charles Schwab Investment Management Inc. boosted its stake in shares of MicroStrategy by 14.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock worth $220,626,000 after purchasing an additional 97,515 shares during the period. Chung Wu Investment Group LLC bought a new position in MicroStrategy during the 4th quarter valued at about $850,000. Crew Capital Management Ltd. purchased a new stake in MicroStrategy in the 4th quarter worth about $333,000. Finally, SBI Securities Co. Ltd. bought a new stake in MicroStrategy in the fourth quarter worth about $11,020,000. Hedge funds and other institutional investors own 59.84% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on MSTR shares. UBS Group restated a "buy" rating on shares of MicroStrategy in a report on Friday, May 16th. Barclays reissued a "hold" rating on shares of MicroStrategy in a research report on Monday, May 19th. BTIG Research restated a "buy" rating on shares of MicroStrategy in a report on Wednesday, May 14th. Canaccord Genuity Group reissued a "buy" rating on shares of MicroStrategy in a research report on Monday, May 19th. Finally, Monness Crespi & Hardt lowered MicroStrategy from a "neutral" rating to a "sell" rating and set a $220.00 target price on the stock. in a research report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, MicroStrategy currently has a consensus rating of "Moderate Buy" and an average price target of $514.42.

Insider Activity

In other MicroStrategy news, CAO Jeanine Montgomery sold 481 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $329.27, for a total value of $158,378.87. Following the completion of the sale, the chief accounting officer now owns 7,805 shares in the company, valued at approximately $2,569,952.35. This represents a 5.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Phong Le sold 5,295 shares of the company's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $374.54, for a total value of $1,983,189.30. Following the completion of the sale, the chief executive officer now owns 24,790 shares of the company's stock, valued at $9,284,846.60. This trade represents a 17.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders acquired 25,277 shares of company stock worth $2,312,345 and sold 93,619 shares worth $33,607,643. Company insiders own 8.46% of the company's stock.

MicroStrategy Price Performance

NASDAQ:MSTR traded up $0.67 during trading hours on Friday, hitting $369.70. 12,794,548 shares of the stock were exchanged, compared to its average volume of 17,941,325. The firm's fifty day moving average price is $373.78 and its 200 day moving average price is $341.81. MicroStrategy Incorporated has a 52-week low of $102.40 and a 52-week high of $543.00. The company has a market cap of $101.08 billion, a P/E ratio of -16.95 and a beta of 3.73. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.25.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The software maker reported ($16.49) EPS for the quarter, missing the consensus estimate of ($0.02) by ($16.47). The firm had revenue of $111.07 million for the quarter, compared to analysts' expectations of $116.66 million. MicroStrategy had a negative return on equity of 37.64% and a negative net margin of 1,160.72%. The firm's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.83) earnings per share.

MicroStrategy Company Profile

Strategy Incorporated, formerly known as MicroStrategy, provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers Strategy ONE, a platform that allows non-technical users to access novel and actionable insights for decision-making, and Strategy Cloud for Government, which provides always-on threat monitoring designed to meet the strict technical and regulatory standards of governments and financial institutions.