Left Brain Wealth Management LLC Acquires New Stake in MicroStrategy Incorporated (NASDAQ:MSTR)

Left Brain Wealth Management LLC acquired a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 1,615 shares of the software maker's stock, valued at approximately $468,000.

Several other institutional investors have also added to or reduced their stakes in MSTR. Riverview Trust Co purchased a new position in MicroStrategy during the fourth quarter valued at approximately $25,000. IAG Wealth Partners LLC purchased a new stake in MicroStrategy during the 4th quarter valued at about $25,000. Sunbelt Securities Inc. increased its holdings in shares of MicroStrategy by 900.0% in the third 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 position in MicroStrategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after buying an additional 76 shares during the last quarter. Finally, Aspect Partners LLC purchased a new stake in shares of MicroStrategy in the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 59.84% of the company's stock.

MicroStrategy Stock Down 1.1 %

MSTR stock traded down $3.22 during trading on Monday, hitting $294.27. 12,961,759 shares of the company's stock were exchanged, compared to its average volume of 18,324,503. The business has a 50-day moving average price of $321.59 and a two-hundred day moving average price of $283.05. 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 $75.73 billion, a price-to-earnings ratio of -52.24 and a beta of 3.36. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Analysts Set New Price Targets

Several equities research analysts have commented on MSTR shares. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $600.00 price target on shares of MicroStrategy in a report on Thursday, December 12th. TD Cowen raised their target price on MicroStrategy from $392.00 to $525.00 and gave the stock a "buy" rating in a report on Monday, November 25th. Keefe, Bruyette & Woods initiated coverage on MicroStrategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price target for the company. Mizuho initiated coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price objective on the stock. Finally, BTIG Research boosted their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $536.90.

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.