Arlington Capital Management Inc. Takes $1.49 Million Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Arlington Capital Management Inc. bought a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,354 shares of the software maker's stock, valued at approximately $1,487,000. MicroStrategy makes up approximately 1.4% of Arlington Capital Management Inc.'s portfolio, making the stock its 19th biggest position.

A number of other institutional investors have also recently modified their holdings of the business. Harvest Fund Management Co. Ltd boosted its stake in shares of MicroStrategy by 307.7% in 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 last quarter. GPS Wealth Strategies Group LLC purchased a new stake in shares of MicroStrategy during the third quarter worth $37,000. Signaturefd LLC grew its holdings 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 buying an additional 29 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of MicroStrategy in the third quarter valued at about $41,000. Finally, Beaird Harris Wealth Management LLC lifted its stake in shares of MicroStrategy by 364.9% in the third quarter. Beaird Harris Wealth Management LLC now owns 172 shares of the software maker's stock worth $56,000 after buying an additional 135 shares in the last quarter. 72.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on MSTR. BTIG Research upped their price objective on shares of MicroStrategy from $780.00 to $1,800.00 and gave the company a "buy" rating in a research note on Friday, April 5th. Canaccord Genuity Group cut their price target on MicroStrategy from $1,810.00 to $1,590.00 and set a "buy" rating for the company in a report on Tuesday, April 30th. StockNews.com raised MicroStrategy to a "sell" rating in a research note on Monday, March 18th. TD Cowen cut their target price on MicroStrategy from $1,560.00 to $1,450.00 and set an "outperform" rating for the company in a research note on Wednesday, March 20th. Finally, Benchmark reissued a "buy" rating and set a $1,875.00 price target on shares of MicroStrategy in a research report on Thursday, April 25th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,678.75.

Insider Buying and Selling

In related news, CEO Phong Le sold 10,000 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $861.24, for a total value of $8,612,400.00. Following the completion of the transaction, the chief executive officer now directly owns 595 shares in the company, valued at $512,437.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Phong Le sold 10,000 shares of MicroStrategy stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $861.24, for a total value of $8,612,400.00. Following the completion of the sale, the chief executive officer now directly owns 595 shares of the company's stock, valued at $512,437.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Andrew Kang sold 3,750 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $870.31, for a total value of $3,263,662.50. Following the completion of the sale, the chief financial officer now owns 873 shares in the company, valued at approximately $759,780.63. The disclosure for this sale can be found here. Over the last three months, insiders sold 92,452 shares of company stock worth $110,218,847. Company insiders own 13.18% of the company's stock.

MicroStrategy Trading Up 2.5 %

MicroStrategy stock traded up $30.52 during mid-day trading on Thursday, hitting $1,263.64. The company's stock had a trading volume of 1,023,661 shares, compared to its average volume of 2,068,573. The firm has a market capitalization of $21.44 billion, a PE ratio of -188.60 and a beta of 3.00. MicroStrategy Incorporated has a 1 year low of $266.00 and a 1 year high of $1,999.99. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.48. The stock's fifty day moving average is $1,423.80 and its two-hundred day moving average is $860.86.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The software maker reported $5.62 earnings per share for the quarter. The company had revenue of $124.48 million during the quarter, compared to analyst estimates of $134.90 million. MicroStrategy had a negative return on equity of 8.37% and a negative net margin of 17.40%.

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.