Blueprint Investment Partners LLC Makes New Investment in MicroStrategy Incorporated (NASDAQ:MSTR)

Blueprint Investment Partners LLC purchased a new stake in MicroStrategy Incorporated (NASDAQ:MSTR) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 2,197 shares of the software maker’s stock, valued at approximately $636,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Riverview Trust Co bought a new stake in MicroStrategy during the fourth quarter valued at $25,000. IAG Wealth Partners LLC acquired a new stake in MicroStrategy during the fourth quarter worth about $25,000. Parkside Financial Bank & Trust lifted its holdings in MicroStrategy by 422.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after acquiring an additional 76 shares during the last quarter. Aspect Partners LLC acquired a new position in MicroStrategy in the fourth quarter valued at approximately $28,000. Finally, Private Wealth Management Group LLC grew its holdings in shares of MicroStrategy by 208.8% during the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock valued at $30,000 after purchasing an additional 71 shares during the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MSTR. Mizuho initiated coverage on MicroStrategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price objective for the company. Maxim Group boosted their price target on shares of MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Keefe, Bruyette & Woods initiated coverage on shares of MicroStrategy in a research report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective on the stock. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Finally, TD Cowen lifted their price target on MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a report on Monday, November 25th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $536.90.

MicroStrategy Stock Up 0.6 %

Shares of MSTR stock opened at $304.00 on Friday. MicroStrategy Incorporated has a 1 year low of $101.00 and a 1 year high of $543.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The business’s fifty day moving average is $317.11 and its 200-day moving average is $287.84. The stock has a market cap of $78.24 billion, a PE ratio of -53.97 and a beta of 3.36.

MicroStrategy (NASDAQ:MSTR) last issued 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%.

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.