Vestor Capital LLC Buys 441 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Vestor Capital LLC increased its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 900.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 490 shares of the software maker’s stock after acquiring an additional 441 shares during the period. Vestor Capital LLC’s holdings in MicroStrategy were worth $83,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MSTR. Signaturefd LLC increased its stake in shares of MicroStrategy by 13.6% during the second quarter. Signaturefd LLC now owns 50 shares of the software maker’s stock valued at $69,000 after buying an additional 6 shares during the period. GAMMA Investing LLC increased its position in MicroStrategy by 36.4% during the 2nd quarter. GAMMA Investing LLC now owns 30 shares of the software maker’s stock valued at $41,000 after purchasing an additional 8 shares during the period. Cigna Investments Inc. New lifted its position in shares of MicroStrategy by 5.1% in the 2nd quarter. Cigna Investments Inc. New now owns 164 shares of the software maker’s stock worth $226,000 after purchasing an additional 8 shares during the period. Crossmark Global Holdings Inc. boosted its stake in shares of MicroStrategy by 2.8% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 400 shares of the software maker’s stock valued at $551,000 after purchasing an additional 11 shares in the last quarter. Finally, Dakota Wealth Management boosted its stake in shares of MicroStrategy by 0.3% during the 2nd quarter. Dakota Wealth Management now owns 4,515 shares of the software maker’s stock valued at $6,219,000 after purchasing an additional 15 shares in the last quarter. 72.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on MSTR. TD Cowen raised their price objective on shares of MicroStrategy from $200.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Benchmark increased their target price on MicroStrategy from $245.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. BTIG Research lifted their price target on MicroStrategy from $180.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Canaccord Genuity Group increased their price objective on MicroStrategy from $173.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, Sanford C. Bernstein dropped their target price on shares of MicroStrategy from $2,890.00 to $290.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. One analyst has rated the stock with a sell rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $271.13.

Insider Activity at MicroStrategy

In other MicroStrategy news, CEO Phong Le sold 48,838 shares of the stock in a transaction on Friday, August 16th. The stock was sold at an average price of $135.40, for a total transaction of $6,612,665.20. Following the sale, the chief executive officer now directly owns 12,670 shares in the company, valued at approximately $1,715,518. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, CEO Phong Le sold 48,838 shares of the business’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $135.40, for a total value of $6,612,665.20. Following the completion of the transaction, the chief executive officer now owns 12,670 shares in the company, valued at $1,715,518. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Wei-Ming Shao sold 3,000 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $141.20, for a total value of $423,600.00. Following the sale, the executive vice president now directly owns 6,460 shares in the company, valued at $912,152. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 101,838 shares of company stock valued at $13,950,265 over the last 90 days. Corporate insiders own 13.18% of the company’s stock.

MicroStrategy Trading Up 13.2 %

NASDAQ MSTR opened at $257.81 on Thursday. MicroStrategy Incorporated has a 12 month low of $43.87 and a 12 month high of $267.89. The company has a current ratio of 0.65, a quick ratio of 0.47 and a debt-to-equity ratio of 1.12. The stock’s fifty day moving average price is $175.19 and its 200-day moving average price is $155.53. The stock has a market cap of $45.73 billion, a P/E ratio of -122.36 and a beta of 3.05.

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

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.