GWN Securities Inc. Buys New Shares in MicroStrategy Incorporated (NASDAQ:MSTR)

GWN Securities Inc. bought a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,080 shares of the software maker’s stock, valued at approximately $1,761,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MSTR. Geode Capital Management LLC raised its holdings in shares of MicroStrategy by 990.6% during the third quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock valued at $465,573,000 after acquiring an additional 2,512,645 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of MicroStrategy by 14.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker’s stock valued at $220,626,000 after acquiring an additional 97,515 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of MicroStrategy by 971.3% during 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 valued at $107,855,000 after acquiring an additional 579,994 shares during the period. Amundi raised its holdings in shares of MicroStrategy by 262.8% during the fourth quarter. Amundi now owns 570,217 shares of the software maker’s stock valued at $165,146,000 after acquiring an additional 413,028 shares during the period. Finally, Swiss National Bank raised its holdings in shares of MicroStrategy by 10.4% during the fourth quarter. Swiss National Bank now owns 517,000 shares of the software maker’s stock valued at $149,734,000 after acquiring an additional 48,800 shares during the period. 59.84% of the stock is owned by institutional investors and hedge funds.

MicroStrategy Stock Performance

Shares of MSTR opened at $297.49 on Friday. The company’s fifty day moving average is $321.59 and its 200-day moving average is $281.99. MicroStrategy Incorporated has a 12 month low of $101.00 and a 12 month high of $543.00. The firm has a market cap of $76.56 billion, a price-to-earnings ratio of -52.81 and a beta of 3.36. 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 quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (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%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on MSTR shares. TD Cowen boosted their price target on shares of MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a report on Monday, November 25th. Cantor Fitzgerald upped their price objective on shares of MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $600.00 price objective on shares of MicroStrategy in a research note on Thursday, December 12th. 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 price objective on the stock. Finally, Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, MicroStrategy presently has a consensus rating of “Moderate Buy” and a consensus 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.