MicroStrategy Incorporated (NASDAQ:MSTR) Stock Position Increased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC boosted its position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 353.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,126 shares of the software maker’s stock after buying an additional 9,452 shares during the quarter. Ameritas Advisory Services LLC’s holdings in MicroStrategy were worth $3,512,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL bought a new stake in shares of MicroStrategy in the 2nd quarter worth approximately $106,000. Semmax Financial Advisors Inc. grew its position in MicroStrategy by 900.0% in the second quarter. Semmax Financial Advisors Inc. now owns 100 shares of the software maker’s stock worth $138,000 after buying an additional 90 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of MicroStrategy by 38.2% in the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock valued at $41,000 after buying an additional 39 shares in the last quarter. UMB Bank n.a. lifted its position in shares of MicroStrategy by 900.0% during the 3rd quarter. UMB Bank n.a. now owns 150 shares of the software maker’s stock valued at $25,000 after acquiring an additional 135 shares during the last quarter. Finally, AlphaMark Advisors LLC lifted its position in shares of MicroStrategy by 2,900.0% during the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock valued at $25,000 after acquiring an additional 145 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on MSTR shares. Barclays boosted their target price on MicroStrategy from $275.00 to $515.00 and gave the stock an “overweight” rating in a research report on Monday, November 25th. Benchmark restated a “buy” rating and set a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. TD Cowen raised their target price on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Canaccord Genuity Group boosted their price target on shares of MicroStrategy from $300.00 to $510.00 and gave the company a “buy” rating in a report on Monday, November 25th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $600.00 price target on shares of MicroStrategy in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, MicroStrategy presently has an average rating of “Moderate Buy” and a consensus price target of $479.25.

MicroStrategy Stock Up 8.0 %

MSTR stock opened at $396.50 on Monday. The company has a 50 day moving average of $363.86 and a two-hundred day moving average of $235.52. The company has a market cap of $95.02 billion, a price-to-earnings ratio of -188.18 and a beta of 3.25. MicroStrategy Incorporated has a 12-month low of $43.87 and a 12-month high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.12.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data on Wednesday, October 30th. The software maker reported ($1.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($1.44). MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The firm had revenue of $116.07 million for the quarter, compared to analysts’ expectations of $121.45 million. During the same quarter in the prior year, the business posted ($8.98) earnings per share. MicroStrategy’s revenue was down 10.3% on a year-over-year basis.

Insider Activity

In other MicroStrategy news, CAO Jeanine Montgomery sold 56,250 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $257.41, for a total value of $14,479,312.50. Following the completion of the sale, the chief accounting officer now owns 5,670 shares of the company’s stock, valued at $1,459,514.70. The trade was a 90.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Andrew Kang sold 5,700 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $257.15, for a total value of $1,465,755.00. Following the transaction, the chief financial officer now directly owns 12,080 shares in the company, valued at approximately $3,106,372. This represents a 32.06 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 102,000 shares of company stock worth $32,259,177 in the last three months. 9.16% of the stock is owned by insiders.

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.