Swiss National Bank Has $149.73 Million Stock Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Swiss National Bank boosted its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 517,000 shares of the software maker’s stock after purchasing an additional 48,800 shares during the quarter. Swiss National Bank owned 0.22% of MicroStrategy worth $149,734,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Riverview Trust Co bought a new position in shares of MicroStrategy during the 4th quarter worth about $25,000. Parkside Financial Bank & Trust lifted 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 acquired a new stake in MicroStrategy during the fourth quarter valued at approximately $28,000. Private Wealth Management Group LLC boosted its holdings in MicroStrategy by 208.8% during the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock valued at $30,000 after purchasing an additional 71 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA bought a new stake in shares of MicroStrategy in the 4th quarter valued at approximately $32,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on MSTR. Mizuho initiated coverage on MicroStrategy in a research note on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price target on the stock. Barclays reduced their target price on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Canaccord Genuity Group dropped their target price on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Cantor Fitzgerald boosted their price target on shares of MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Finally, TD Cowen upped 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. One analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Stock Performance

MSTR stock opened at $263.26 on Friday. The stock has a market capitalization of $67.75 billion, a PE ratio of -46.74 and a beta of 3.36. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The company has a 50 day moving average price of $323.17 and a 200 day moving average price of $280.08. MicroStrategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

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.