850 Shares in MicroStrategy Incorporated (NASDAQ:MSTR) Purchased by Cordatus Wealth Management LLC

Cordatus Wealth Management LLC bought a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 850 shares of the software maker’s stock, valued at approximately $246,000.

Other hedge funds also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in MicroStrategy in the 3rd quarter valued at about $27,000. Sunbelt Securities Inc. raised its position in MicroStrategy by 900.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after purchasing an additional 144 shares in the last quarter. Aspect Partners LLC acquired a new stake in MicroStrategy in the 4th quarter valued at about $28,000. Private Wealth Management Group LLC increased its holdings in shares of MicroStrategy by 208.8% in the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock valued at $30,000 after acquiring an additional 71 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in shares of MicroStrategy in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Analyst Upgrades and Downgrades

MSTR has been the topic of a number of recent analyst reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $600.00 price objective on shares of MicroStrategy in a report on Thursday, December 12th. Compass Point upgraded MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. Barclays dropped 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. BTIG Research increased their price objective 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 report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Trading Up 1.6 %

NASDAQ:MSTR opened at $323.92 on Friday. The stock’s 50 day moving average price is $344.48 and its 200 day moving average price is $265.91. 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 Incorporated has a 52-week low of $66.43 and a 52-week high of $543.00.

MicroStrategy (NASDAQ:MSTR) last announced its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

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.