Moloney Securities Asset Management LLC Acquires Shares of 813 MicroStrategy Incorporated (NASDAQ:MSTR)

Moloney Securities Asset Management LLC bought a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 813 shares of the software maker’s stock, valued at approximately $235,000.

Several other large investors have also made changes to their positions in the business. Geode Capital Management LLC increased its holdings in MicroStrategy by 990.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock worth $465,573,000 after acquiring an additional 2,512,645 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of MicroStrategy by 587.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker’s stock worth $111,994,000 after purchasing an additional 567,628 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of 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 worth $107,855,000 after purchasing an additional 579,994 shares during the last quarter. Swiss National Bank lifted its stake in MicroStrategy by 904.7% in the 3rd quarter. Swiss National Bank now owns 468,200 shares of the software maker’s stock valued at $78,939,000 after buying an additional 421,600 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in MicroStrategy by 21.0% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 415,098 shares of the software maker’s stock worth $120,221,000 after buying an additional 71,934 shares during the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

MicroStrategy Stock Performance

NASDAQ:MSTR opened at $319.46 on Wednesday. The company’s 50-day moving average is $353.08 and its two-hundred day moving average is $258.97. MicroStrategy Incorporated has a 1-year low of $65.02 and a 1-year high of $543.00. 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 firm has a market capitalization of $76.56 billion, a price-to-earnings ratio of -56.71 and a beta of 3.25.

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

Insider Transactions at MicroStrategy

In other news, CEO Phong Le sold 1,252 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $322.45, for a total value of $403,707.40. Following the sale, the chief executive officer now directly owns 13,918 shares of the company’s stock, valued at approximately $4,487,859.10. The trade was a 8.25 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephen X. Graham sold 20,000 shares of the stock in a transaction that occurred on 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 transaction, the director now directly owns 6,970 shares of the company’s stock, valued at $3,145,979.20. The trade was a 74.16 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,050 shares of company stock worth $9,689,930. 9.16% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on MSTR. Cantor Fitzgerald raised their target price on MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Compass Point raised shares of MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. BTIG Research upped their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Benchmark reissued a “buy” rating and issued a $650.00 price target on shares of MicroStrategy in a research note on Tuesday, January 14th. Finally, TD Cowen upped their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research note on Monday, November 25th. One investment 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 company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price 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.