Ausdal Financial Partners Inc. Purchases 563 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Ausdal Financial Partners Inc. raised its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 43.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,862 shares of the software maker’s stock after purchasing an additional 563 shares during the period. Ausdal Financial Partners Inc.’s holdings in MicroStrategy were worth $539,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Riverview Trust Co bought a new stake in MicroStrategy during the 4th quarter worth about $25,000. IAG Wealth Partners LLC bought a new stake in MicroStrategy in the fourth quarter valued at approximately $25,000. Parkside Financial Bank & Trust grew its stake in MicroStrategy by 422.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock valued at $27,000 after acquiring an additional 76 shares during the period. Aspect Partners LLC acquired a new position in shares of MicroStrategy in the 4th quarter valued at approximately $28,000. Finally, Private Wealth Management Group LLC boosted its holdings 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 buying an additional 71 shares during the period. 59.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MSTR has been the topic of a number of recent research reports. Mizuho assumed coverage on shares of MicroStrategy in a report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price objective on the stock. Canaccord Genuity Group dropped their price target on MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Keefe, Bruyette & Woods began coverage on MicroStrategy in a research note on Friday, February 7th. They set an “outperform” rating and a $560.00 target price on the stock. Benchmark reiterated a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $600.00 target price on shares of MicroStrategy in a report on Thursday, December 12th. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $536.90.

MicroStrategy Price Performance

Shares of NASDAQ MSTR opened at $324.59 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The firm has a market cap of $83.53 billion, a price-to-earnings ratio of -57.62 and a beta of 3.36. MicroStrategy Incorporated has a 1-year low of $101.00 and a 1-year high of $543.00. The stock has a fifty day simple moving average of $315.78 and a two-hundred day simple moving average of $292.60.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) EPS 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%.

Insider Transactions at MicroStrategy

In other news, EVP Wei-Ming Shao bought 500 shares of the firm’s stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average cost of $85.00 per share, with a total value of $42,500.00. Following the completion of the purchase, the executive vice president now directly owns 500 shares in the company, valued at $42,500. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CEO Phong Le purchased 6,000 shares of the stock in a transaction on Thursday, March 20th. The shares were acquired at an average cost of $85.00 per share, with a total value of $510,000.00. Following the transaction, the chief executive officer now directly owns 6,000 shares in the company, valued at $510,000. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders bought 8,000 shares of company stock worth $680,000 and sold 22,998 shares worth $7,671,926. Company insiders own 9.16% of the company’s stock.

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.