Vista Investment Partners II LLC Invests $4.91 Million in MicroStrategy Incorporated (NASDAQ:MSTR)

Vista Investment Partners II LLC acquired a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,962 shares of the software maker’s stock, valued at approximately $4,913,000. MicroStrategy makes up approximately 2.9% of Vista Investment Partners II LLC’s investment portfolio, making the stock its 5th largest position.

A number of other hedge funds have also modified their holdings of the business. Independent Advisor Alliance increased its stake in shares of MicroStrategy by 32.8% during the 4th quarter. Independent Advisor Alliance now owns 52,985 shares of the software maker’s stock worth $15,346,000 after purchasing an additional 13,092 shares in the last quarter. Johnson Investment Counsel Inc. purchased a new position in shares of MicroStrategy during the 4th quarter worth approximately $933,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of MicroStrategy by 22.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 38,719 shares of the software maker’s stock worth $11,214,000 after purchasing an additional 7,200 shares in the last quarter. SLT Holdings LLC purchased a new position in shares of MicroStrategy during the 4th quarter worth approximately $362,000. Finally, Amundi increased its stake in shares of MicroStrategy by 262.8% during the 4th quarter. Amundi now owns 570,217 shares of the software maker’s stock worth $165,146,000 after purchasing an additional 413,028 shares in the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

MicroStrategy Stock Down 5.6 %

Shares of MSTR opened at $287.18 on Monday. The firm has a market cap of $73.91 billion, a PE ratio of -50.98 and a beta of 3.36. The company’s fifty day moving average is $325.57 and its two-hundred day moving average is $278.68. MicroStrategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00. 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 (NASDAQ:MSTR) last posted 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%.

Analyst Upgrades and Downgrades

MSTR has been the subject of several recent analyst reports. Barclays lowered their target price on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Compass Point raised shares of MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods initiated coverage on shares of MicroStrategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 target price for the company. Mizuho initiated coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 target price for the company. Finally, Benchmark reaffirmed a “buy” rating and issued a $650.00 target price on shares of MicroStrategy in a research note on Tuesday, January 14th. One 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. According to MarketBeat.com, MicroStrategy 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.