Clarity Capital Partners LLC Has $7.27 Million Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Clarity Capital Partners LLC raised its position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 122.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,115 shares of the software maker's stock after purchasing an additional 13,817 shares during the period. MicroStrategy comprises 3.8% of Clarity Capital Partners LLC's portfolio, making the stock its 6th biggest position. Clarity Capital Partners LLC's holdings in MicroStrategy were worth $7,274,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Jmac Enterprises LLC bought a new stake in MicroStrategy during the 4th quarter valued at $214,000. Gladstone Institutional Advisory LLC raised its position in MicroStrategy by 9.1% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 7,817 shares of the software maker's stock valued at $2,264,000 after purchasing an additional 649 shares in the last quarter. Capital Advisors Inc. OK raised its position in MicroStrategy by 12.5% during the 4th quarter. Capital Advisors Inc. OK now owns 2,340 shares of the software maker's stock valued at $678,000 after purchasing an additional 260 shares in the last quarter. Louisiana State Employees Retirement System bought a new position in shares of MicroStrategy in the 4th quarter worth $3,881,000. Finally, Montz Harcus Wealth Management LLC bought a new position in shares of MicroStrategy in the 4th quarter worth $204,000. 59.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MSTR has been the subject of several recent research reports. Sanford C. Bernstein reissued an "outperform" rating and issued a $600.00 price target on shares of MicroStrategy in a research report on Thursday, December 12th. BTIG Research boosted their price target on MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. Compass Point raised MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Barclays reduced their price target on MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Finally, Cantor Fitzgerald boosted their target price on MicroStrategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, MicroStrategy presently has an average rating of "Moderate Buy" and an average target price of $536.90.

Insider Activity

In other MicroStrategy news, Director Stephen X. Graham sold 20,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the completion of the transaction, the director now owns 6,970 shares of the company's stock, valued at $3,145,979.20. This represents a 74.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 9.16% of the company's stock.

MicroStrategy Stock Performance

MicroStrategy stock traded up $12.81 during trading hours on Friday, hitting $337.73. 13,875,971 shares of the stock traded hands, compared to its average volume of 16,244,744. 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 firm's 50 day moving average price is $349.12 and its 200-day moving average price is $261.78. The stock has a market capitalization of $80.94 billion, a price-to-earnings ratio of -59.96 and a beta of 3.25. MicroStrategy Incorporated has a 1 year low of $66.43 and a 1 year high of $543.00.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued 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%.

MicroStrategy 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.