Creative Financial Designs Inc. ADV Purchases 222 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Creative Financial Designs Inc. ADV increased its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 61.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 582 shares of the software maker’s stock after purchasing an additional 222 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in MicroStrategy were worth $169,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of MSTR. Principal Financial Group Inc. grew its stake in MicroStrategy by 781.4% in the third quarter. Principal Financial Group Inc. now owns 46,483 shares of the software maker’s stock worth $7,837,000 after purchasing an additional 41,209 shares in the last quarter. GSA Capital Partners LLP bought a new stake in MicroStrategy during the 3rd quarter valued at $261,000. Victory Capital Management Inc. boosted its position in MicroStrategy by 894.7% during the 3rd quarter. Victory Capital Management Inc. now owns 57,830 shares of the software maker’s stock valued at $9,750,000 after acquiring an additional 52,016 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in MicroStrategy during the 3rd quarter valued at $238,000. Finally, CIBC Asset Management Inc boosted its position in MicroStrategy by 935.8% during the 3rd quarter. CIBC Asset Management Inc now owns 4,340 shares of the software maker’s stock valued at $732,000 after acquiring an additional 3,921 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

MicroStrategy Stock Performance

NASDAQ MSTR opened at $304.23 on Thursday. The stock has a 50-day simple moving average of $318.18 and a two-hundred day simple moving average of $285.38. The firm has a market capitalization of $78.29 billion, a P/E ratio of -54.01 and a beta of 3.36. MicroStrategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00. 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 data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share 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%.

Wall Street Analyst Weigh In

MSTR has been the topic of several recent research reports. Mizuho initiated coverage on MicroStrategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 target price on the stock. Monness Crespi & Hardt initiated coverage on MicroStrategy in a research report on Wednesday. They set a “neutral” rating on the stock. Cantor Fitzgerald increased 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. Barclays dropped their target price on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Finally, Compass Point raised MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. One analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target 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.