MicroStrategy Incorporated (NASDAQ:MSTR) Shares Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. raised its holdings in MicroStrategy Incorporated (NASDAQ:MSTR) by 16.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,635 shares of the software maker’s stock after buying an additional 9,353 shares during the quarter. Asset Management One Co. Ltd.’s holdings in MicroStrategy were worth $19,009,000 at the end of the most recent quarter.

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

MicroStrategy Stock Up 3.9 %

Shares of MicroStrategy stock opened at $337.73 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. MicroStrategy Incorporated has a 1-year low of $66.43 and a 1-year high of $543.00. The business has a 50-day moving average of $349.12 and a 200-day moving average of $261.78. The company has a market capitalization of $80.94 billion, a PE ratio of -59.96 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings data 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 return on equity of 19.01% and a negative net margin of 251.73%.

Insider Activity at MicroStrategy

In other MicroStrategy news, Director Stephen X. Graham sold 20,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the completion of the transaction, the director now directly owns 6,970 shares of the company’s stock, valued at $3,145,979.20. This trade represents a 74.16 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 9.16% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MSTR. Barclays cut their price objective on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Sanford C. Bernstein restated an “outperform” rating and issued a $600.00 price target on shares of MicroStrategy in a report on Thursday, December 12th. BTIG Research boosted their price objective on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Canaccord Genuity Group dropped their price objective 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. Finally, Mizuho assumed coverage on shares of MicroStrategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 target price on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $536.90.

About MicroStrategy

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.