Clear Creek Financial Management LLC Has $300,000 Stock Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Clear Creek Financial Management LLC decreased its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 19.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,037 shares of the software maker’s stock after selling 255 shares during the period. Clear Creek Financial Management LLC’s holdings in MicroStrategy were worth $300,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sei Investments Co. boosted its stake in MicroStrategy by 16.9% in the 2nd quarter. Sei Investments Co. now owns 672 shares of the software maker’s stock worth $926,000 after purchasing an additional 97 shares during the period. Thrivent Financial for Lutherans boosted its stake in MicroStrategy by 141.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 341 shares of the software maker’s stock worth $470,000 after purchasing an additional 200 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in MicroStrategy by 144.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 183 shares of the software maker’s stock worth $252,000 after purchasing an additional 108 shares during the period. Cetera Investment Advisers boosted its stake in MicroStrategy by 19.8% in the 2nd quarter. Cetera Investment Advisers now owns 6,256 shares of the software maker’s stock worth $8,618,000 after purchasing an additional 1,034 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in MicroStrategy in the 2nd quarter worth $553,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insider Activity

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

Wall Street Analysts Forecast Growth

MSTR has been the subject of a number of research analyst reports. Barclays upped their target price on shares of MicroStrategy from $275.00 to $515.00 and gave the stock an “overweight” rating in a research note on Monday, November 25th. Mizuho started coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price objective for the company. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. TD Cowen increased their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Finally, Benchmark restated 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 issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, MicroStrategy has a consensus rating of “Moderate Buy” and a consensus price target of $483.22.

MicroStrategy Stock Down 1.6 %

Shares of MSTR stock opened at $334.79 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.65 and a current ratio of 0.65. The firm’s 50-day moving average is $359.82 and its 200-day moving average is $250.87. The stock has a market cap of $80.23 billion, a price-to-earnings ratio of -158.89 and a beta of 3.25. MicroStrategy Incorporated has a 52-week low of $46.75 and a 52-week high of $543.00.

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.