Financial Engines Advisors L.L.C. Makes New $222,000 Investment in MicroStrategy Incorporated (NASDAQ:MSTR)

Financial Engines Advisors L.L.C. bought a new stake in MicroStrategy Incorporated (NASDAQ:MSTR) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 765 shares of the software maker’s stock, valued at approximately $222,000.

Other hedge funds also recently bought and sold shares of the company. Riverview Trust Co acquired a new position in MicroStrategy in the 4th quarter valued at about $25,000. IAG Wealth Partners LLC acquired a new stake in shares of MicroStrategy in the fourth quarter valued at $25,000. Parkside Financial Bank & Trust increased its stake in MicroStrategy by 422.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after purchasing an additional 76 shares during the period. Aspect Partners LLC purchased a new stake in MicroStrategy during the 4th quarter worth approximately $28,000. Finally, Private Wealth Management Group LLC increased its position in shares of MicroStrategy by 208.8% during the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after acquiring an additional 71 shares during the period. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insider Activity

In other news, EVP Wei-Ming Shao bought 500 shares of the business’s stock in a transaction on Thursday, March 20th. The shares were bought at an average cost of $85.00 per share, with a total value of $42,500.00. Following the purchase, the executive vice president now directly owns 500 shares in the company, valued at $42,500. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Andrew Kang bought 1,500 shares of the firm’s stock in a transaction dated Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, with a total value of $127,500.00. Following the transaction, the chief financial officer now owns 1,500 shares of the company’s stock, valued at $127,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 22,998 shares valued at $7,671,926. 9.16% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MSTR has been the topic of a number of analyst reports. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. Cantor Fitzgerald lifted their target price on shares of MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Canaccord Genuity Group decreased their price objective on MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a report on Thursday, December 12th. Finally, Benchmark reaffirmed a “buy” rating and set a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, MicroStrategy has an average rating of “Buy” and an average target price of $536.90.

MicroStrategy Stock Down 10.8 %

Shares of MicroStrategy stock opened at $289.41 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $74.48 billion, a price-to-earnings ratio of -51.38 and a beta of 3.36. MicroStrategy Incorporated has a twelve month low of $101.00 and a twelve month high of $543.00. The business’s 50 day simple moving average is $313.64 and its 200-day simple moving average is $293.74.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings data 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 return on equity of 19.01% and a negative net margin of 251.73%.

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.