Ethos Financial Group LLC Boosts Stock Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Ethos Financial Group LLC boosted its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 54.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,157 shares of the software maker’s stock after purchasing an additional 1,117 shares during the quarter. Ethos Financial Group LLC’s holdings in MicroStrategy were worth $914,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. National Bank of Canada FI increased its holdings in MicroStrategy by 746.2% during the 3rd quarter. National Bank of Canada FI now owns 20,647 shares of the software maker’s stock worth $3,481,000 after purchasing an additional 18,207 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in MicroStrategy during the 4th quarter worth approximately $81,783,000. B. Riley Wealth Advisors Inc. purchased a new stake in MicroStrategy during the 3rd quarter worth approximately $254,000. Clarity Capital Partners LLC increased its holdings in MicroStrategy by 122.3% during the 4th quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker’s stock worth $7,274,000 after purchasing an additional 13,817 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in MicroStrategy by 979.8% during the 3rd quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker’s stock worth $1,134,000 after purchasing an additional 6,104 shares during the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

MicroStrategy Trading Up 12.1 %

NASDAQ:MSTR opened at $308.55 on Thursday. MicroStrategy Incorporated has a 12-month low of $101.00 and a 12-month high of $543.00. The firm has a market capitalization of $79.41 billion, a P/E ratio of -54.78 and a beta of 3.25. 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 business has a 50 day simple moving average of $328.15 and a 200 day simple moving average of $275.23.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (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%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Mizuho started coverage on MicroStrategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price objective on the stock. TD Cowen lifted their target price on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Barclays decreased their target price on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. BTIG Research lifted their target price on MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Finally, Cantor Fitzgerald lifted their target price on MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, MicroStrategy presently has an average rating of “Moderate Buy” and a consensus 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.