MicroStrategy Incorporated (NASDAQ:MSTR) Stake Decreased by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC trimmed its holdings in MicroStrategy Incorporated (NASDAQ:MSTR) by 28.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,368 shares of the software maker’s stock after selling 3,265 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in MicroStrategy were worth $2,424,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. GPS Wealth Strategies Group LLC boosted its holdings in shares of MicroStrategy by 3.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker’s stock valued at $324,000 after acquiring an additional 35 shares in the last quarter. Versant Capital Management Inc boosted its stake 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 purchasing an additional 39 shares in the last quarter. Masso Torrence Wealth Management Inc. boosted its stake in MicroStrategy by 1.8% during the 4th quarter. Masso Torrence Wealth Management Inc. now owns 3,055 shares of the software maker’s stock valued at $885,000 after purchasing an additional 55 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake 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 buying an additional 65 shares in the last quarter. Finally, Means Investment CO. Inc. lifted its holdings in shares of MicroStrategy by 2.2% in the fourth quarter. Means Investment CO. Inc. now owns 3,159 shares of the software maker’s stock valued at $915,000 after buying an additional 67 shares during the period. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at MicroStrategy

In other MicroStrategy news, CAO Jeanine Montgomery sold 752 shares of the business’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $322.45, for a total value of $242,482.40. Following the transaction, the chief accounting officer now owns 6,418 shares in the company, valued at $2,069,484.10. The trade was a 10.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Wei-Ming Shao sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $368.01, for a total value of $6,624,180.00. Following the sale, the executive vice president now directly owns 6,460 shares of the company’s stock, valued at $2,377,344.60. This trade represents a 73.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 40,050 shares of company stock worth $16,314,110. 9.16% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Canaccord Genuity Group boosted their price target on shares of MicroStrategy from $300.00 to $510.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a report on Thursday, December 12th. TD Cowen raised their target price on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Maxim Group upped their price target on MicroStrategy from $193.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Finally, Benchmark reissued a “buy” rating and set a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $483.22.

MicroStrategy Stock Performance

Shares of MicroStrategy stock opened at $336.70 on Thursday. The stock has a market cap of $80.69 billion, a PE ratio of -159.80 and a beta of 3.25. MicroStrategy Incorporated has a 12 month low of $46.75 and a 12 month high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.12. The business has a fifty day simple moving average of $357.54 and a 200-day simple moving average of $254.00.

MicroStrategy (NASDAQ:MSTR) last released its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 87.05% and a negative return on equity of 17.31%.

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.