SJS Investment Consulting Inc. Makes New $93,000 Investment in MicroStrategy Incorporated (NASDAQ:MSTR)

SJS Investment Consulting Inc. acquired a new stake in MicroStrategy Incorporated (NASDAQ:MSTR) in the 4th quarter, Holdings Channel reports. The firm acquired 320 shares of the software maker’s stock, valued at approximately $93,000.

Other hedge funds also recently modified their holdings of the company. UMB Bank n.a. grew its holdings in MicroStrategy by 900.0% in the third quarter. UMB Bank n.a. now owns 150 shares of the software maker’s stock worth $25,000 after purchasing an additional 135 shares during the period. AlphaMark Advisors LLC boosted its position in shares of MicroStrategy by 2,900.0% during the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock worth $25,000 after purchasing an additional 145 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of MicroStrategy during the 3rd quarter worth about $27,000. Sunbelt Securities Inc. grew its stake in shares of MicroStrategy by 900.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after buying an additional 144 shares during the period. Finally, ST Germain D J Co. Inc. increased its position in MicroStrategy by 900.0% in the 3rd quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock valued at $29,000 after buying an additional 153 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Insider Transactions at MicroStrategy

In related news, CFO Andrew Kang sold 5,700 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $257.15, for a total value of $1,465,755.00. Following the sale, the chief financial officer now owns 12,080 shares in the company, valued at approximately $3,106,372. This trade represents a 32.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Wei-Ming Shao sold 18,000 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $368.01, for a total value of $6,624,180.00. Following the transaction, the executive vice president now owns 6,460 shares of the company’s stock, valued at approximately $2,377,344.60. The trade was a 73.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 102,000 shares of company stock valued at $32,259,177. 9.16% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on MSTR shares. Benchmark reiterated a “buy” rating and issued a $650.00 price target on shares of MicroStrategy in a report on Tuesday, January 14th. Maxim Group lifted their price target on shares of MicroStrategy from $193.00 to $270.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. BTIG Research boosted their price target on shares of MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. TD Cowen raised their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Finally, Barclays boosted their target price on shares of MicroStrategy from $275.00 to $515.00 and gave the stock an “overweight” rating in a research report on Monday, November 25th. One equities research analyst has rated the stock with a sell rating and eight have given a buy rating to the company. Based on data from MarketBeat, MicroStrategy currently has an average rating of “Moderate Buy” and an average target price of $479.25.

MicroStrategy Trading Down 5.2 %

NASDAQ MSTR opened at $353.67 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.12. The company has a fifty day moving average price of $367.79 and a 200-day moving average price of $242.68. MicroStrategy Incorporated has a 1 year low of $44.59 and a 1 year high of $543.00.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings results on Wednesday, October 30th. The software maker reported ($1.56) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($1.44). MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The company had revenue of $116.07 million during the quarter, compared to the consensus estimate of $121.45 million. During the same period last year, the firm posted ($8.98) EPS. The company’s revenue for the quarter was down 10.3% compared to the same quarter last year.

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.