Key Client Fiduciary Advisors LLC Invests $315,000 in MicroStrategy Incorporated (NASDAQ:MSTR)

Key Client Fiduciary Advisors LLC bought a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the 4th quarter, HoldingsChannel.com reports. The firm bought 1,087 shares of the software maker’s stock, valued at approximately $315,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. UMB Bank n.a. boosted its holdings in MicroStrategy by 900.0% during the third quarter. UMB Bank n.a. now owns 150 shares of the software maker’s stock valued at $25,000 after purchasing an additional 135 shares in the last quarter. AlphaMark Advisors LLC lifted its position in shares of MicroStrategy by 2,900.0% during the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock worth $25,000 after buying an additional 145 shares during the period. Capital Performance Advisors LLP acquired a new stake in MicroStrategy in the 3rd quarter valued at $27,000. Sunbelt Securities Inc. grew its position in MicroStrategy by 900.0% in the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after acquiring an additional 144 shares during the period. Finally, ST Germain D J Co. Inc. grew its position in MicroStrategy by 900.0% in the third quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock valued at $29,000 after acquiring an additional 153 shares during the period. Institutional investors own 59.84% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Jeanine Montgomery sold 752 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $322.45, for a total value of $242,482.40. Following the transaction, the chief accounting officer now directly owns 6,418 shares in the company, valued at $2,069,484.10. This trade represents a 10.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Phong Le sold 1,252 shares of MicroStrategy stock in a transaction on Thursday, November 14th. The stock was 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. This trade represents a 8.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 102,000 shares of company stock valued at $32,259,177. 9.16% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on MSTR. Maxim Group upped their target price on shares of MicroStrategy from $193.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. TD Cowen raised their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Canaccord Genuity Group boosted their target price on MicroStrategy from $300.00 to $510.00 and gave the stock a “buy” rating in a report on Monday, November 25th. BTIG Research raised their price target on MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, Benchmark reiterated a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a research report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $479.25.

MicroStrategy Trading Down 1.1 %

MSTR stock opened at $373.12 on Friday. The company has a 50 day moving average price of $367.53 and a 200 day moving average price of $241.12. MicroStrategy Incorporated has a fifty-two week low of $44.51 and a fifty-two week high of $543.00. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.65 and a current ratio of 0.65.

MicroStrategy (NASDAQ:MSTR) last released its earnings results on Wednesday, October 30th. The software maker reported ($1.56) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($1.44). The firm had revenue of $116.07 million for the quarter, compared to the consensus estimate of $121.45 million. MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The company’s revenue was down 10.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($8.98) EPS.

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.