Matauro LLC Acquires New Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Matauro LLC acquired a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 5,202 shares of the software maker’s stock, valued at approximately $1,507,000.

Several other hedge funds also recently bought and sold shares of MSTR. Capital Performance Advisors LLP purchased a new position in MicroStrategy during the third quarter valued at approximately $27,000. Sunbelt Securities Inc. grew its stake in MicroStrategy by 900.0% during the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after acquiring an additional 144 shares in the last quarter. Aspect Partners LLC purchased a new position in MicroStrategy during the fourth quarter valued at approximately $28,000. Private Wealth Management Group LLC grew its stake in MicroStrategy by 208.8% during the fourth 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 in the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in MicroStrategy during the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on MSTR shares. Maxim Group lifted their target price on shares of MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. BTIG Research lifted their target price on shares of MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Mizuho started coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 target price for the company. Benchmark reiterated a “buy” rating and set a $650.00 target price on shares of MicroStrategy in a research report on Tuesday, January 14th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $600.00 target price on shares of MicroStrategy in a research report on Thursday, December 12th. 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 company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Stock Down 7.5 %

Shares of MicroStrategy stock opened at $299.69 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. The company has a 50-day moving average of $342.30 and a 200 day moving average of $267.09. The firm has a market cap of $71.82 billion, a price-to-earnings ratio of -53.20 and a beta of 3.25. MicroStrategy Incorporated has a 1 year low of $67.81 and a 1 year high of $543.00.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings results 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%.

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.