MicroStrategy Incorporated (NASDAQ:MSTR) Shares Purchased by National Bank of Canada FI

National Bank of Canada FI increased its holdings in MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 42.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,891 shares of the software maker's stock after buying an additional 1,168 shares during the quarter. National Bank of Canada FI's holdings in MicroStrategy were worth $2,660,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of MSTR. Harvest Fund Management Co. Ltd grew its stake in shares of MicroStrategy by 307.7% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 53 shares of the software maker's stock worth $33,000 after purchasing an additional 40 shares during the period. Signaturefd LLC grew its stake in MicroStrategy by 85.3% in the 4th quarter. Signaturefd LLC now owns 63 shares of the software maker's stock valued at $40,000 after acquiring an additional 29 shares during the period. Private Trust Co. NA acquired a new stake in MicroStrategy in the 4th quarter valued at $75,000. NBC Securities Inc. acquired a new stake in MicroStrategy in the 3rd quarter valued at $41,000. Finally, Beaird Harris Wealth Management LLC grew its stake in MicroStrategy by 364.9% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 172 shares of the software maker's stock valued at $56,000 after acquiring an additional 135 shares during the period. Institutional investors and hedge funds own 72.03% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on MSTR. Benchmark reissued a "buy" rating and issued a $1,875.00 price target on shares of MicroStrategy in a research note on Thursday, April 25th. StockNews.com raised shares of MicroStrategy to a "sell" rating in a research note on Monday, March 18th. TD Cowen dropped their price target on shares of 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 lifted their target price on shares of MicroStrategy from $780.00 to $1,800.00 and gave the stock a "buy" rating in a research note on Friday, April 5th. Finally, Canaccord Genuity Group reduced their target price on shares of MicroStrategy from $1,810.00 to $1,590.00 and set a "buy" rating for the company in a research report on Tuesday, April 30th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,678.75.

Insider Activity at MicroStrategy

In other MicroStrategy news, Director Jarrod M. Patten sold 275 shares of MicroStrategy stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $722.34, for a total transaction of $198,643.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other MicroStrategy news, Director Jarrod M. Patten sold 275 shares of MicroStrategy stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $722.34, for a total transaction of $198,643.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Wei-Ming Shao sold 3,000 shares of MicroStrategy stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $852.74, for a total transaction of $2,558,220.00. Following the transaction, the executive vice president now directly owns 453 shares in the company, valued at $386,291.22. The disclosure for this sale can be found here. Over the last quarter, insiders sold 85,452 shares of company stock valued at $105,660,354. 13.18% of the stock is owned by company insiders.

MicroStrategy Trading Up 5.5 %

NASDAQ:MSTR traded up $65.48 during trading hours on Monday, hitting $1,245.96. The company had a trading volume of 869,004 shares, compared to its average volume of 2,048,510. 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 company has a 50-day moving average of $1,425.82 and a 200 day moving average of $872.60. The company has a market cap of $22.10 billion, a P/E ratio of -187.89 and a beta of 3.00.

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.