Atria Wealth Solutions Inc. lifted its position in shares of MicroStrategy Incorporated (NASDAQ:MSTR - Free Report) by 29.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,791 shares of the software maker's stock after buying an additional 3,626 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in MicroStrategy were worth $4,573,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of MSTR. Private Wealth Management Group LLC raised its stake in MicroStrategy by 208.8% in the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker's stock worth $30,000 after purchasing an additional 71 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new position in shares of MicroStrategy during the fourth quarter worth approximately $32,000. Activest Wealth Management acquired a new stake in shares of MicroStrategy in the fourth quarter valued at approximately $33,000. SOA Wealth Advisors LLC. acquired a new stake in shares of MicroStrategy in the fourth quarter valued at approximately $37,000. Finally, Game Plan Financial Advisors LLC bought a new stake in shares of MicroStrategy in the fourth quarter valued at approximately $37,000. Institutional investors own 59.84% of the company's stock.
NASDAQ MSTR opened at $323.92 on Friday. MicroStrategy Incorporated has a fifty-two week low of $66.43 and a fifty-two week high of $543.00. The stock has a market cap of $77.63 billion, a PE ratio of -57.50 and a beta of 3.25. 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 firm's fifty day moving average price is $344.48 and its two-hundred day moving average price is $265.91.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.
A number of equities analysts have commented on the company. Canaccord Genuity Group lowered their price objective on MicroStrategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. BTIG Research raised their price target on MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. Benchmark reaffirmed a "buy" rating and set a $650.00 price objective on shares of MicroStrategy in a research report on Tuesday, January 14th. Maxim Group raised their target price on shares of MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods began coverage on shares of MicroStrategy in a research report on Friday, February 7th. They issued an "outperform" rating and a $560.00 target price for the company. One investment analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $536.90.
Read Our Latest Research Report on MSTR
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.
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