MicroStrategy Incorporated (NASDAQ:MSTR) Shares Acquired by Sigma Planning Corp

Sigma Planning Corp raised its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 27.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,717 shares of the software maker’s stock after purchasing an additional 1,219 shares during the period. Sigma Planning Corp’s holdings in MicroStrategy were worth $1,656,000 at the end of the most recent reporting period.

Several other large investors 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. grew its stake 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 acquiring an additional 144 shares during the last quarter. Aspect Partners LLC acquired a new stake in shares of MicroStrategy in the fourth quarter valued at approximately $28,000. Private Wealth Management Group LLC grew its position in shares of MicroStrategy by 208.8% in the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock valued at $30,000 after purchasing an additional 71 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in shares of MicroStrategy in the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Cantor Fitzgerald increased their target price on MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Maxim Group increased their price objective on MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Canaccord Genuity Group decreased their price objective on MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Benchmark reaffirmed a “buy” rating and set a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. Finally, TD Cowen raised their price target on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. One research analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, MicroStrategy currently has an average rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Price Performance

MSTR opened at $299.69 on Monday. MicroStrategy Incorporated has a 1 year low of $67.81 and a 1 year 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. The company’s 50 day simple moving average is $342.30 and its 200 day simple moving average is $269.01. The stock has a market capitalization of $71.82 billion, a PE ratio of -53.20 and a beta of 3.25.

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 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%.

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.