Parkside Financial Bank & Trust Purchases 76 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Parkside Financial Bank & Trust boosted its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 422.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 94 shares of the software maker’s stock after acquiring an additional 76 shares during the period. Parkside Financial Bank & Trust’s holdings in MicroStrategy were worth $27,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in MSTR. Aspect Partners LLC acquired a new position in shares of MicroStrategy during the fourth quarter worth approximately $28,000. Private Wealth Management Group LLC raised its holdings in MicroStrategy by 208.8% during the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after buying an additional 71 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new position in shares of MicroStrategy in the fourth quarter valued at $32,000. First Horizon Advisors Inc. acquired a new position in shares of MicroStrategy during the fourth quarter valued at about $32,000. Finally, Activest Wealth Management acquired a new position in shares of MicroStrategy during the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MSTR. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 price target on shares of MicroStrategy in a research report on Thursday, December 12th. Keefe, Bruyette & Woods assumed coverage on MicroStrategy in a report on Friday, February 7th. They issued an “outperform” rating and a $560.00 target price on the stock. Barclays decreased their price target on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Cantor Fitzgerald raised their price objective on MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Mizuho initiated coverage on shares of MicroStrategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $536.90.

MicroStrategy Price Performance

Shares of NASDAQ:MSTR opened at $250.92 on Tuesday. The company has a market capitalization of $64.57 billion, a P/E ratio of -44.54 and a beta of 3.25. The company’s 50-day moving average is $329.82 and its 200 day moving average is $274.23. 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 fifty-two week low of $101.00 and a fifty-two week high of $543.00.

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

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.