Howland Capital Management LLC Makes New Investment in MicroStrategy Incorporated (NASDAQ:MSTR)

Howland Capital Management LLC acquired a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the fourth quarter, Holdings Channel reports. The fund acquired 700 shares of the software maker’s stock, valued at approximately $203,000.

Several other large investors have also recently modified their holdings of MSTR. Geode Capital Management LLC grew its position in MicroStrategy by 990.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock worth $465,573,000 after acquiring an additional 2,512,645 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of MicroStrategy by 587.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker’s stock valued at $111,994,000 after purchasing an additional 567,628 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of MicroStrategy by 971.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker’s stock worth $107,855,000 after purchasing an additional 579,994 shares during the last quarter. Swiss National Bank increased its stake in shares of MicroStrategy by 904.7% in the third quarter. Swiss National Bank now owns 468,200 shares of the software maker’s stock worth $78,939,000 after buying an additional 421,600 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of MicroStrategy by 21.0% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 415,098 shares of the software maker’s stock worth $120,221,000 after buying an additional 71,934 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Analysts Set New Price Targets

MSTR has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods started coverage on shares of MicroStrategy in a report on Friday. They issued an “outperform” rating and a $560.00 price target on the stock. Mizuho initiated coverage on MicroStrategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target on the stock. Barclays upped their price target on MicroStrategy from $275.00 to $515.00 and gave the company an “overweight” rating in a research report on Monday, November 25th. TD Cowen boosted their target price on MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 price target on shares of MicroStrategy in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $546.30.

Insider Buying and Selling

In related news, EVP Wei-Ming Shao sold 18,000 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $368.01, for a total value of $6,624,180.00. Following the transaction, the executive vice president now owns 6,460 shares in the company, valued at $2,377,344.60. The trade was a 73.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Jeanine Montgomery sold 752 shares of the firm’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $322.45, for a total transaction of $242,482.40. Following the sale, the chief accounting officer now owns 6,418 shares of the company’s stock, valued at approximately $2,069,484.10. This represents a 10.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 40,050 shares of company stock worth $16,314,110 in the last 90 days. Insiders own 9.16% of the company’s stock.

MicroStrategy Stock Performance

Shares of MSTR stock opened at $327.56 on Monday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The company’s fifty day moving average price is $355.07 and its 200-day moving average price is $256.73. The stock has a market cap of $78.50 billion, a PE ratio of -58.15 and a beta of 3.25. MicroStrategy Incorporated has a 12 month low of $52.51 and a 12 month high of $543.00.

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

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.