FSC Wealth Advisors LLC Acquires 80 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

FSC Wealth Advisors LLC raised its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 61.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 210 shares of the software maker’s stock after purchasing an additional 80 shares during the period. FSC Wealth Advisors LLC’s holdings in MicroStrategy were worth $61,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Versant Capital Management Inc increased its position in MicroStrategy by 38.2% during the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock valued at $41,000 after buying an additional 39 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of MicroStrategy by 3.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,083 shares of the software maker’s stock worth $603,000 after purchasing an additional 65 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new position in MicroStrategy in the 2nd quarter worth about $106,000. Harbor Investment Advisory LLC grew its position in MicroStrategy by 14.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 665 shares of the software maker’s stock valued at $193,000 after purchasing an additional 85 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. increased its stake in MicroStrategy by 10.9% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 887 shares of the software maker’s stock valued at $1,222,000 after purchasing an additional 87 shares in the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MSTR has been the topic of a number of recent analyst reports. Canaccord Genuity Group increased their price target on shares of MicroStrategy from $300.00 to $510.00 and gave the company a “buy” rating in a report on Monday, November 25th. Sanford C. Bernstein reiterated an “outperform” rating and set a $600.00 target price on shares of MicroStrategy in a research note on Thursday, December 12th. TD Cowen boosted their price target on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. BTIG Research increased their price objective on MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, Maxim Group lifted their price objective on MicroStrategy from $193.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $479.25.

Insider Transactions at MicroStrategy

In other news, EVP Wei-Ming Shao sold 18,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $368.01, for a total transaction of $6,624,180.00. Following the sale, the executive vice president now directly owns 6,460 shares in the company, valued at $2,377,344.60. This trade represents a 73.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Jeanine Montgomery sold 56,250 shares of MicroStrategy stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $257.41, for a total transaction of $14,479,312.50. Following the transaction, the chief accounting officer now owns 5,670 shares in the company, valued at approximately $1,459,514.70. This trade represents a 90.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 102,000 shares of company stock valued at $32,259,177 over the last quarter. 9.16% of the stock is currently owned by company insiders.

MicroStrategy Stock Down 1.6 %

Shares of MSTR stock opened at $347.92 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.12. MicroStrategy Incorporated has a 12 month low of $46.75 and a 12 month high of $543.00. The company has a 50 day simple moving average of $367.05 and a two-hundred day simple moving average of $245.76.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings data on Wednesday, October 30th. The software maker reported ($1.56) EPS for the quarter, missing the consensus estimate of ($0.12) by ($1.44). The company had revenue of $116.07 million during the quarter, compared to analysts’ expectations of $121.45 million. MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The company’s revenue for the quarter was down 10.3% on a year-over-year basis. During the same quarter last year, the company earned ($8.98) earnings per share.

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.