Tsfg LLC Has $255,000 Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Tsfg LLC lifted its position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 104.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 880 shares of the software maker’s stock after purchasing an additional 450 shares during the quarter. Tsfg LLC’s holdings in MicroStrategy were worth $255,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. National Bank of Canada FI raised its position in MicroStrategy by 746.2% in the 3rd quarter. National Bank of Canada FI now owns 20,647 shares of the software maker’s stock valued at $3,481,000 after buying an additional 18,207 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of MicroStrategy during the third quarter valued at about $254,000. Wellington Management Group LLP boosted its holdings in MicroStrategy by 979.8% during the third quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker’s stock worth $1,134,000 after purchasing an additional 6,104 shares during the last quarter. US Bancorp DE grew its position in MicroStrategy by 782.8% in the 3rd quarter. US Bancorp DE now owns 4,255 shares of the software maker’s stock worth $717,000 after purchasing an additional 3,773 shares in the last quarter. Finally, Virtu Financial LLC increased its stake in MicroStrategy by 10,398.4% in the 3rd quarter. Virtu Financial LLC now owns 224,245 shares of the software maker’s stock valued at $37,808,000 after buying an additional 222,109 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on MSTR shares. Canaccord Genuity Group upped their target price on MicroStrategy from $300.00 to $510.00 and gave the company a “buy” rating in a report on Monday, November 25th. Maxim Group upped their price objective on MicroStrategy from $193.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. BTIG Research lifted their target price on MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. TD Cowen increased their price target on shares of MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Finally, Benchmark reaffirmed a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a research report on Monday, January 6th. 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $479.25.

MicroStrategy Price Performance

MSTR opened at $328.40 on Tuesday. The firm has a 50-day moving average price of $355.08 and a 200-day moving average price of $228.98. MicroStrategy Incorporated has a twelve month low of $43.87 and a twelve month high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $78.70 billion, a price-to-earnings ratio of -155.86 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings data on Wednesday, October 30th. The software maker reported ($1.56) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($1.44). The business had revenue of $116.07 million during the quarter, compared to analysts’ expectations of $121.45 million. MicroStrategy had a negative net margin of 87.05% and a negative return on equity of 17.31%. The firm’s quarterly revenue was down 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($8.98) earnings per share.

Insider Activity at MicroStrategy

In other news, EVP Wei-Ming Shao sold 18,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $368.01, for a total transaction of $6,624,180.00. Following the completion of the transaction, the executive vice president now directly owns 6,460 shares in the company, valued at $2,377,344.60. The trade was a 73.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Jeanine Montgomery sold 56,250 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $257.41, for a total transaction of $14,479,312.50. Following the completion of the transaction, the chief accounting officer now directly owns 5,670 shares in the company, valued at approximately $1,459,514.70. The trade was a 90.84 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,000 shares of company stock worth $32,259,177. 13.18% of the stock is owned by company insiders.

MicroStrategy Company 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.