Dana Investment Advisors Inc. Purchases Shares of 1,595 MicroStrategy Incorporated (NASDAQ:MSTR)

Dana Investment Advisors Inc. purchased a new stake in MicroStrategy Incorporated (NASDAQ:MSTR) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,595 shares of the software maker’s stock, valued at approximately $462,000.

A number of other hedge funds also recently bought and sold shares of MSTR. Riverview Trust Co acquired a new stake in MicroStrategy in the 4th quarter valued at about $25,000. Capital Performance Advisors LLP acquired a new stake in MicroStrategy in the 3rd quarter valued at about $27,000. Sunbelt Securities Inc. raised its position in MicroStrategy by 900.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after purchasing an additional 144 shares in the last quarter. Parkside Financial Bank & Trust raised its position in MicroStrategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock valued at $27,000 after purchasing an additional 76 shares in the last quarter. Finally, Aspect Partners LLC acquired a new stake in shares of MicroStrategy during the 4th quarter worth about $28,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MSTR. Benchmark reissued a “buy” rating and set a $650.00 target price on shares of MicroStrategy in a research report on Tuesday, January 14th. BTIG Research raised their target price on MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Compass Point raised MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. 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. Finally, Maxim Group raised their target price on MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $536.90.

MicroStrategy Trading Down 5.6 %

NASDAQ:MSTR opened at $287.18 on Monday. The stock’s 50 day moving average price is $325.57 and its 200 day moving average price is $278.68. The company has a market capitalization of $73.91 billion, a PE ratio of -50.98 and a beta of 3.36. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00.

MicroStrategy (NASDAQ:MSTR) last announced its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

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.