MicroStrategy Incorporated (NASDAQ:MSTR) Shares Sold by Flaharty Asset Management LLC

Flaharty Asset Management LLC reduced its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 56.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,955 shares of the software maker’s stock after selling 3,875 shares during the period. Flaharty Asset Management LLC’s holdings in MicroStrategy were worth $856,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. GPS Wealth Strategies Group LLC lifted its position in MicroStrategy by 3.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker’s stock worth $324,000 after acquiring an additional 35 shares in the last quarter. Versant Capital Management Inc lifted its position in MicroStrategy by 38.2% during the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock worth $41,000 after acquiring an additional 39 shares in the last quarter. WR Wealth Planners LLC lifted its position in MicroStrategy by 22.6% during the 4th quarter. WR Wealth Planners LLC now owns 260 shares of the software maker’s stock worth $75,000 after acquiring an additional 48 shares in the last quarter. Sterling Investment Advisors Ltd. lifted its position in MicroStrategy by 0.9% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker’s stock worth $1,558,000 after acquiring an additional 50 shares in the last quarter. Finally, Masso Torrence Wealth Management Inc. lifted its position in MicroStrategy by 1.8% during the 4th quarter. Masso Torrence Wealth Management Inc. now owns 3,055 shares of the software maker’s stock worth $885,000 after acquiring an additional 55 shares in the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

MicroStrategy Trading Up 6.4 %

Shares of NASDAQ:MSTR opened at $255.48 on Friday. MicroStrategy Incorporated has a fifty-two week low of $96.04 and a fifty-two week high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The company has a market cap of $61.23 billion, a PE ratio of -45.35 and a beta of 3.25. The company’s 50-day moving average price is $331.44 and its 200 day moving average price is $271.44.

MicroStrategy (NASDAQ:MSTR) last released its quarterly 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%.

Analyst Ratings Changes

Several equities analysts recently commented on MSTR shares. BTIG Research boosted their price target on MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Benchmark reissued a “buy” rating and set a $650.00 price target on shares of MicroStrategy in a research report on Tuesday, January 14th. Compass Point raised MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Mizuho started coverage on MicroStrategy in a research report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 target price on the stock. Finally, Barclays cut their target price on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. One 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 company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $536.90.

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.