Stonehage Fleming Financial Services Holdings Ltd Has $109,000 Stake in MicroStrategy Incorporated (NASDAQ:MSTR)

Stonehage Fleming Financial Services Holdings Ltd grew its holdings in MicroStrategy Incorporated (NASDAQ:MSTR) by 136.3% during the 4th quarter, HoldingsChannel reports. The firm owned 378 shares of the software maker’s stock after acquiring an additional 218 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd’s holdings in MicroStrategy were worth $109,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in MSTR. Versant Capital Management Inc boosted its stake in MicroStrategy by 38.2% during the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock valued at $41,000 after purchasing an additional 39 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in shares of MicroStrategy by 3.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,083 shares of the software maker’s stock worth $603,000 after acquiring an additional 65 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in MicroStrategy during the 2nd quarter valued at $106,000. Harbor Investment Advisory LLC boosted its holdings in MicroStrategy by 14.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 665 shares of the software maker’s stock valued at $193,000 after purchasing an additional 85 shares during the period. Finally, Newbridge Financial Services Group Inc. grew its position in MicroStrategy by 10.9% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 887 shares of the software maker’s stock worth $1,222,000 after purchasing an additional 87 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on MSTR. Barclays increased their target price on shares of MicroStrategy from $275.00 to $515.00 and gave the company an “overweight” rating in a research note on Monday, November 25th. Benchmark reissued a “buy” rating and set a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. Sanford C. Bernstein restated an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a research note on Thursday, December 12th. TD Cowen raised their target price on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Finally, 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. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, MicroStrategy currently has an average rating of “Moderate Buy” and a consensus target price of $479.25.

Insider Activity at MicroStrategy

In other MicroStrategy news, EVP Wei-Ming Shao sold 18,000 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $368.01, for a total transaction of $6,624,180.00. Following the sale, the executive vice president now owns 6,460 shares of the company’s stock, valued at $2,377,344.60. This represents a 73.59 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephen X. Graham sold 20,000 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the completion of the transaction, the director now directly owns 6,970 shares of the company’s stock, valued at approximately $3,145,979.20. This represents a 74.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,000 shares of company stock valued at $32,259,177 in the last three months. Corporate insiders own 9.16% of the company’s stock.

MicroStrategy Trading Down 5.2 %

Shares of NASDAQ:MSTR opened at $353.67 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.65 and a current ratio of 0.65. The company’s fifty day moving average is $367.79 and its 200-day moving average is $244.27. MicroStrategy Incorporated has a 52 week low of $44.59 and a 52 week high of $543.00.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Wednesday, October 30th. The software maker reported ($1.56) earnings per share 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 the consensus estimate of $121.45 million. During the same period in the prior year, the company posted ($8.98) earnings per share. MicroStrategy’s quarterly revenue was down 10.3% compared to the same quarter last year.

MicroStrategy 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.