Paradigm Financial Partners LLC Invests $411,000 in MicroStrategy Incorporated (NASDAQ:MSTR)

Paradigm Financial Partners LLC purchased a new stake in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 650 shares of the software maker's stock, valued at approximately $411,000.

Several other hedge funds and other institutional investors have also bought and sold shares of MSTR. CWM LLC lifted its holdings in shares of MicroStrategy by 7.3% during the 4th quarter. CWM LLC now owns 396 shares of the software maker's stock valued at $250,000 after purchasing an additional 27 shares in the last quarter. Signaturefd LLC increased its position in shares of MicroStrategy by 85.3% during the fourth quarter. Signaturefd LLC now owns 63 shares of the software maker's stock worth $40,000 after acquiring an additional 29 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of MicroStrategy by 4.5% during the third quarter. Kingsview Wealth Management LLC now owns 908 shares of the software maker's stock worth $298,000 after acquiring an additional 39 shares during the period. Harvest Fund Management Co. Ltd raised its holdings in shares of MicroStrategy by 307.7% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 53 shares of the software maker's stock worth $33,000 after acquiring an additional 40 shares during the period. Finally, MTM Investment Management LLC lifted its position in MicroStrategy by 4.2% in the 4th quarter. MTM Investment Management LLC now owns 1,027 shares of the software maker's stock valued at $649,000 after acquiring an additional 41 shares in the last quarter. Institutional investors own 72.03% of the company's stock.

MicroStrategy Stock Performance

Shares of MSTR traded up $10.59 during midday trading on Monday, reaching $1,292.97. The stock had a trading volume of 996,010 shares, compared to its average volume of 2,126,249. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.01. The firm has a 50 day simple moving average of $1,363.08 and a 200-day simple moving average of $820.38. The firm has a market cap of $21.94 billion, a PE ratio of 45.88 and a beta of 2.89. MicroStrategy Incorporated has a one year low of $266.00 and a one year high of $1,999.99.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The software maker reported $5.62 earnings per share for the quarter. MicroStrategy had a return on equity of 42.81% and a net margin of 86.47%. The firm had revenue of $124.48 million for the quarter, compared to the consensus estimate of $134.90 million.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on MSTR shares. TD Cowen cut their target price on MicroStrategy from $1,560.00 to $1,450.00 and set an "outperform" rating on the stock in a research note on Wednesday, March 20th. BTIG Research boosted their price objective on shares of MicroStrategy from $780.00 to $1,800.00 and gave the stock a "buy" rating in a research report on Friday, April 5th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $1,810.00 target price on shares of MicroStrategy in a research report on Thursday, March 28th. StockNews.com raised shares of MicroStrategy to a "sell" rating in a research report on Monday, March 18th. Finally, Benchmark restated a "buy" rating and set a $1,875.00 price objective on shares of MicroStrategy in a research note on Thursday. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to MarketBeat.com, MicroStrategy has an average rating of "Moderate Buy" and a consensus price target of $1,733.75.

Insider Activity at MicroStrategy

In other MicroStrategy news, EVP Wei-Ming Shao sold 350 shares of the company's stock in a transaction on Monday, February 12th. The shares were sold at an average price of $711.32, for a total value of $248,962.00. Following the transaction, the executive vice president now directly owns 453 shares in the company, valued at $322,227.96. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, EVP Wei-Ming Shao sold 350 shares of the business's stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $711.32, for a total transaction of $248,962.00. Following the completion of the sale, the executive vice president now owns 453 shares in the company, valued at $322,227.96. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Jarrod M. Patten sold 400 shares of the company's stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $638.39, for a total value of $255,356.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 112,452 shares of company stock worth $120,206,247. Company insiders own 13.18% of the company's stock.

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.