SVB Wealth LLC Acquires New Position in MicroStrategy Incorporated (NASDAQ:MSTR)

SVB Wealth LLC acquired a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 5,094 shares of the software maker’s stock, valued at approximately $1,475,000.

Several other large investors also recently bought and sold shares of the business. GPS Wealth Strategies Group LLC increased its holdings in shares of 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 buying an additional 35 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of 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 buying an additional 39 shares during the last quarter. Sterling Investment Advisors Ltd. increased its holdings in shares of 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 buying an additional 50 shares during the last quarter. Masso Torrence Wealth Management Inc. increased its holdings in shares of 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 buying an additional 55 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of MicroStrategy by 3.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,083 shares of the software maker’s stock worth $603,000 after buying an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

MicroStrategy Price Performance

Shares of NASDAQ:MSTR opened at $255.48 on Monday. The company’s fifty day moving average price is $331.44 and its 200 day moving average price is $273.40. MicroStrategy Incorporated has a 12 month low of $96.04 and a 12 month high of $543.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The firm has a market capitalization of $61.23 billion, a P/E ratio of -45.35 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings results 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%.

Wall Street Analysts Forecast Growth

MSTR has been the subject of a number of recent analyst reports. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. Canaccord Genuity Group lowered their price objective on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Barclays lowered their price objective on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Cantor Fitzgerald increased their price objective on shares of MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $600.00 price objective on shares of MicroStrategy in a research report on Thursday, December 12th. One investment 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $536.90.

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.