Claro Advisors LLC Sells 32 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Claro Advisors LLC decreased its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 0.6% during the 4th quarter, Holdings Channel reports. The firm owned 5,028 shares of the software maker’s stock after selling 32 shares during the quarter. Claro Advisors LLC’s holdings in MicroStrategy were worth $1,456,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL bought a new position in MicroStrategy in the second quarter worth approximately $106,000. Semmax Financial Advisors Inc. boosted its holdings in MicroStrategy by 900.0% in the second quarter. Semmax Financial Advisors Inc. now owns 100 shares of the software maker’s stock worth $138,000 after acquiring an additional 90 shares in the last quarter. Versant Capital Management Inc boosted its holdings in MicroStrategy by 38.2% in the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock worth $41,000 after acquiring an additional 39 shares in the last quarter. UMB Bank n.a. boosted 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 acquiring an additional 135 shares in the last quarter. Finally, AlphaMark Advisors LLC boosted its holdings in MicroStrategy by 2,900.0% in the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock worth $25,000 after acquiring an additional 145 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Phong Le sold 1,252 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $322.45, for a total value of $403,707.40. Following the completion of the transaction, the chief executive officer now directly owns 13,918 shares of the company’s stock, valued at $4,487,859.10. This trade represents a 8.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephen X. Graham sold 20,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $451.36, for a total value of $9,027,200.00. Following the completion of the transaction, the director now directly owns 6,970 shares of the company’s stock, valued at $3,145,979.20. The trade was a 74.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,000 shares of company stock valued at $32,259,177 over the last ninety days. 13.18% of the stock is currently owned by insiders.

MicroStrategy Stock Performance

Shares of MSTR traded down $5.99 on Monday, reaching $321.92. 13,073,435 shares of the company’s stock traded hands, compared to its average volume of 20,254,098. 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 stock has a market cap of $77.15 billion, a PE ratio of -152.79 and a beta of 3.25. The stock’s 50 day simple moving average is $352.97 and its two-hundred day simple moving average is $227.74. MicroStrategy Incorporated has a 52-week low of $43.87 and a 52-week high of $543.00.

MicroStrategy (NASDAQ:MSTR) last released its earnings results on Wednesday, October 30th. The software maker reported ($1.56) earnings per share (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 firm had revenue of $116.07 million during the quarter, compared to analysts’ expectations of $121.45 million. During the same period in the prior year, the business earned ($8.98) earnings per share. The business’s quarterly revenue was down 10.3% compared to the same quarter last year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MSTR. Maxim Group increased their price objective on MicroStrategy from $193.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. BTIG Research increased their price objective on MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Sanford C. Bernstein reissued an “outperform” rating and issued a $600.00 price objective on shares of MicroStrategy in a research note on Thursday, December 12th. TD Cowen increased their price objective on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Finally, Barclays increased their price objective on MicroStrategy from $275.00 to $515.00 and gave the stock an “overweight” rating in a research note on Monday, November 25th. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $479.25.

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.