Plancorp LLC Grows Stock Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Plancorp LLC grew its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 9.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,482 shares of the software maker’s stock after buying an additional 220 shares during the quarter. Plancorp LLC’s holdings in MicroStrategy were worth $719,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Riverview Trust Co acquired a new position in shares of MicroStrategy during the fourth quarter worth $25,000. IAG Wealth Partners LLC acquired a new position in shares of MicroStrategy during the fourth quarter worth $25,000. Parkside Financial Bank & Trust lifted its position in shares of 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 in the last quarter. Aspect Partners LLC acquired a new position in shares of MicroStrategy during the fourth quarter worth $28,000. Finally, Private Wealth Management Group LLC lifted its position in shares of MicroStrategy by 208.8% during the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after purchasing an additional 71 shares in the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Maxim Group boosted their target price on shares of MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Keefe, Bruyette & Woods started coverage on shares of MicroStrategy in a report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price target on the stock. Compass Point raised shares of MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 price target on shares of MicroStrategy in a report on Thursday, December 12th. Finally, Barclays cut their price target on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. One analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $536.90.

MicroStrategy Stock Up 0.6 %

Shares of NASDAQ:MSTR opened at $304.00 on Friday. The stock has a market capitalization of $78.24 billion, a price-to-earnings ratio of -53.97 and a beta of 3.36. MicroStrategy Incorporated has a 1-year low of $101.00 and a 1-year high of $543.00. The company’s fifty day moving average is $317.11 and its two-hundred day moving average is $287.84. 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 released its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS 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%.

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.