807 Shares in MicroStrategy Incorporated (NASDAQ:MSTR) Bought by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI acquired a new stake in MicroStrategy Incorporated (NASDAQ:MSTR) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 807 shares of the software maker’s stock, valued at approximately $234,000.

A number of other large investors have also modified their holdings of MSTR. Riverview Trust Co purchased a new position in shares of MicroStrategy in the 4th quarter valued at about $25,000. Parkside Financial Bank & Trust grew 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 valued at $27,000 after purchasing an additional 76 shares during the period. Aspect Partners LLC purchased a new stake in shares of MicroStrategy in the fourth quarter valued at approximately $28,000. Private Wealth Management Group LLC raised its stake in shares of MicroStrategy by 208.8% during the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after buying an additional 71 shares during the period. Finally, Compagnie Lombard Odier SCmA purchased a new position in shares of MicroStrategy during the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MSTR. Sanford C. Bernstein restated an “outperform” rating and set a $600.00 price objective on shares of MicroStrategy in a research report on Thursday, December 12th. Maxim Group upped their price target on shares of MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Benchmark reiterated a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. Mizuho initiated coverage on MicroStrategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 target price for the company. Finally, TD Cowen raised their target price on MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research report on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $536.90.

MicroStrategy Stock Up 13.0 %

Shares of MSTR opened at $297.49 on Friday. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-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. The stock has a fifty day simple moving average of $321.59 and a two-hundred day simple moving average of $281.01. The company has a market capitalization of $76.56 billion, a PE ratio of -52.81 and a beta of 3.36.

MicroStrategy (NASDAQ:MSTR) last released 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%.

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.