128 Shares in MicroStrategy Incorporated (NASDAQ:MSTR) Acquired by Game Plan Financial Advisors LLC

Game Plan Financial Advisors LLC purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 128 shares of the software maker’s stock, valued at approximately $37,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Geode Capital Management LLC raised its position in MicroStrategy by 990.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock valued at $465,573,000 after purchasing an additional 2,512,645 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in MicroStrategy by 971.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker’s stock valued at $107,855,000 after purchasing an additional 579,994 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in MicroStrategy by 587.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker’s stock valued at $111,994,000 after purchasing an additional 567,628 shares in the last quarter. Swiss National Bank raised its position in MicroStrategy by 904.7% during the 3rd quarter. Swiss National Bank now owns 468,200 shares of the software maker’s stock valued at $78,939,000 after purchasing an additional 421,600 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in MicroStrategy by 1,077.0% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 343,164 shares of the software maker’s stock valued at $57,857,000 after purchasing an additional 314,007 shares in the last quarter. 59.84% of the stock is owned by institutional investors.

MicroStrategy Stock Up 3.9 %

Shares of MSTR stock opened at $337.73 on Friday. MicroStrategy Incorporated has a 1-year low of $66.43 and a 1-year high of $543.00. The stock’s fifty day moving average price is $349.12 and its 200 day moving average price is $261.78. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71.

MicroStrategy (NASDAQ:MSTR) last announced 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 return on equity of 19.01% and a negative net margin of 251.73%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Benchmark reaffirmed a “buy” rating and set a $650.00 target price on shares of MicroStrategy in a research report on Tuesday, January 14th. Canaccord Genuity Group cut their price target on MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Mizuho initiated coverage on MicroStrategy in a report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price target on the stock. Keefe, Bruyette & Woods initiated coverage on MicroStrategy in a report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price target on the stock. Finally, Barclays cut their price target on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $536.90.

Insider Buying and Selling at MicroStrategy

In other MicroStrategy news, Director Stephen X. Graham sold 20,000 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the sale, the director now owns 6,970 shares in the company, valued at approximately $3,145,979.20. The trade was a 74.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 9.16% of the company’s stock.

About MicroStrategy

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.