Financial Sense Advisors Inc. Sells 211 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Financial Sense Advisors Inc. lessened its stake in MicroStrategy Incorporated (NASDAQ:MSTRFree Report) by 0.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,393 shares of the software maker’s stock after selling 211 shares during the quarter. MicroStrategy makes up about 5.5% of Financial Sense Advisors Inc.’s portfolio, making the stock its 3rd biggest holding. Financial Sense Advisors Inc. owned 0.16% of MicroStrategy worth $14,775,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. GPS Wealth Strategies Group LLC acquired a new stake in shares of MicroStrategy during the 3rd quarter worth approximately $37,000. C M Bidwell & Associates Ltd. acquired a new position in shares of MicroStrategy in the 2nd quarter worth approximately $40,000. NBC Securities Inc. purchased a new position in shares of MicroStrategy during the 3rd quarter worth approximately $41,000. Beaird Harris Wealth Management LLC increased its holdings in MicroStrategy by 364.9% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 172 shares of the software maker’s stock valued at $56,000 after purchasing an additional 135 shares during the last quarter. Finally, Toronto Dominion Bank acquired a new position in MicroStrategy during the third quarter worth $66,000. Hedge funds and other institutional investors own 49.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on MSTR shares. BTIG Research increased their price target on shares of MicroStrategy from $560.00 to $690.00 and gave the stock a “buy” rating in a research report on Monday, December 11th. StockNews.com upgraded MicroStrategy to a “sell” rating in a research note on Monday. Canaccord Genuity Group boosted their target price on MicroStrategy from $670.00 to $791.00 and gave the stock a “buy” rating in a research note on Thursday, December 28th. Benchmark started coverage on MicroStrategy in a research note on Tuesday, February 27th. They issued a “buy” rating and a $990.00 price objective for the company. Finally, TD Cowen lowered their price target on shares of MicroStrategy from $1,560.00 to $1,450.00 and set an “outperform” rating for the company in a report on Wednesday. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $870.20.

Get Our Latest Stock Report on MSTR

Insider Buying and Selling

In other MicroStrategy news, EVP Wei-Ming Shao sold 350 shares of the stock in a transaction on Monday, February 12th. The shares were sold at an average price of $711.32, for a total transaction of $248,962.00. Following the transaction, the executive vice president now directly owns 453 shares in the company, valued at approximately $322,227.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other MicroStrategy news, EVP Wei-Ming Shao sold 350 shares of MicroStrategy stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $711.32, for a total value of $248,962.00. Following the completion of the transaction, the executive vice president now directly owns 453 shares in the company, valued at $322,227.96. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Michael J. Saylor sold 5,000 shares of the company’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $652.46, for a total value of $3,262,300.00. The disclosure for this sale can be found here. Insiders have sold 114,512 shares of company stock valued at $75,170,171 in the last quarter. Company insiders own 20.79% of the company’s stock.

MicroStrategy Price Performance

Shares of MicroStrategy stock traded up $52.77 during trading on Thursday, hitting $1,599.29. 3,153,419 shares of the company were exchanged, compared to its average volume of 2,233,590. MicroStrategy Incorporated has a fifty-two week low of $230.72 and a fifty-two week high of $1,815.00. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.01. The firm has a 50 day moving average price of $839.55 and a 200 day moving average price of $592.33. The stock has a market capitalization of $27.14 billion, a price-to-earnings ratio of 56.75 and a beta of 2.82.

MicroStrategy (NASDAQ:MSTRGet Free Report) last posted its quarterly earnings data on Tuesday, February 6th. The software maker reported $5.62 EPS for the quarter. The firm had revenue of $124.48 million during the quarter, compared to analysts’ expectations of $134.90 million. MicroStrategy had a return on equity of 42.81% and a net margin of 86.47%.

About MicroStrategy

(Free Report)

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.

See Also

Institutional Ownership by Quarter for MicroStrategy (NASDAQ:MSTR)

Receive News & Ratings for MicroStrategy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroStrategy and related companies with MarketBeat.com's FREE daily email newsletter.