United Capital Management of KS Inc. Raises Position in MicroStrategy Incorporated (NASDAQ:MSTR)

United Capital Management of KS Inc. boosted its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 28.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,986 shares of the software maker’s stock after buying an additional 6,380 shares during the period. MicroStrategy accounts for approximately 1.5% of United Capital Management of KS Inc.’s portfolio, making the stock its 20th largest position. United Capital Management of KS Inc.’s holdings in MicroStrategy were worth $8,395,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. GPS Wealth Strategies Group LLC lifted its holdings in MicroStrategy by 3.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker’s stock worth $324,000 after buying an additional 35 shares during the period. Versant Capital Management Inc lifted its holdings in MicroStrategy by 38.2% in the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock worth $41,000 after buying an additional 39 shares during the period. WR Wealth Planners LLC lifted its holdings in MicroStrategy by 22.6% in the fourth quarter. WR Wealth Planners LLC now owns 260 shares of the software maker’s stock worth $75,000 after buying an additional 48 shares during the period. Sterling Investment Advisors Ltd. lifted its holdings in MicroStrategy by 0.9% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker’s stock worth $1,558,000 after buying an additional 50 shares during the period. Finally, Mesirow Financial Investment Management Inc. lifted its holdings in MicroStrategy by 2.5% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 2,050 shares of the software maker’s stock worth $594,000 after buying an additional 50 shares during the period. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

MicroStrategy Price Performance

Shares of MSTR opened at $297.49 on Friday. The company has a market capitalization of $76.56 billion, a P/E ratio of -52.81 and a beta of 3.36. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The firm has a 50 day moving average of $321.59 and a 200 day moving average of $281.01. MicroStrategy Incorporated has a twelve month low of $101.00 and a twelve month high of $543.00.

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

Wall Street Analyst Weigh In

MSTR has been the subject of several research analyst reports. Benchmark restated a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. Mizuho assumed coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They set an “outperform” rating and a $515.00 target price for the company. Canaccord Genuity Group decreased their target price on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Barclays decreased their target price on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Finally, Cantor Fitzgerald raised their target price on shares of MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $536.90.

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.