MicroStrategy Incorporated (NASDAQ:MSTR) Shares Bought by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC raised its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 50.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,003 shares of the software maker’s stock after purchasing an additional 1,003 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in MicroStrategy were worth $870,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL purchased a new stake in shares of MicroStrategy in the second quarter valued at $106,000. Semmax Financial Advisors Inc. grew its position in shares of MicroStrategy by 900.0% in the second quarter. Semmax Financial Advisors Inc. now owns 100 shares of the software maker’s stock valued at $138,000 after purchasing an additional 90 shares during the period. Versant Capital Management Inc increased its stake in MicroStrategy by 38.2% during 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 during the last quarter. UMB Bank n.a. increased its stake in MicroStrategy by 900.0% during 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 during the last quarter. Finally, AlphaMark Advisors LLC increased its stake in MicroStrategy by 2,900.0% during 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 during the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

MicroStrategy Trading Up 8.0 %

Shares of MSTR opened at $396.50 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.65 and a current ratio of 0.65. The stock has a 50-day moving average price of $363.86 and a 200 day moving average price of $235.52. MicroStrategy Incorporated has a one year low of $43.87 and a one year high of $543.00. The company has a market capitalization of $95.02 billion, a P/E ratio of -188.18 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last released its 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 firm had revenue of $116.07 million for the quarter, compared to the consensus estimate of $121.45 million. During the same period in the prior year, the business earned ($8.98) EPS. The company’s quarterly revenue was down 10.3% on a year-over-year basis.

Analyst Ratings Changes

MSTR has been the subject of several research analyst reports. Maxim Group upped their price target on MicroStrategy from $193.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Barclays increased their target price on MicroStrategy from $275.00 to $515.00 and gave the company an “overweight” rating in a research note on Monday, November 25th. BTIG Research increased their target price on MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Sanford C. Bernstein reiterated an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a research note on Thursday, December 12th. Finally, Benchmark reiterated a “buy” rating and issued a $650.00 target price on shares of MicroStrategy in a research note on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, MicroStrategy has a consensus rating of “Moderate Buy” and an average price target of $479.25.

Insiders Place Their Bets

In other news, Director Stephen X. Graham sold 20,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the sale, the director now directly owns 6,970 shares in the company, valued at approximately $3,145,979.20. This represents a 74.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Wei-Ming Shao sold 18,000 shares of the stock in a transaction that occurred on 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 sale, the executive vice president now owns 6,460 shares in the company, valued at $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. Insiders have sold a total of 102,000 shares of company stock valued at $32,259,177 in the last quarter. Insiders own 9.16% of the company’s stock.

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.