3,220 Shares in MicroStrategy Incorporated (NASDAQ:MSTR) Acquired by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. acquired a new position in MicroStrategy Incorporated (NASDAQ:MSTR) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,220 shares of the software maker’s stock, valued at approximately $933,000.

Several other institutional investors also recently modified their holdings of the stock. GPS Wealth Strategies Group LLC increased its position in shares of MicroStrategy by 3.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker’s stock worth $324,000 after purchasing an additional 35 shares during the last quarter. Versant Capital Management Inc increased its position in shares of 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 purchasing an additional 39 shares during the last quarter. WR Wealth Planners LLC grew its position in MicroStrategy by 22.6% during the fourth quarter. WR Wealth Planners LLC now owns 260 shares of the software maker’s stock valued at $75,000 after acquiring an additional 48 shares during the last quarter. Sterling Investment Advisors Ltd. grew its position in MicroStrategy by 0.9% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker’s stock valued at $1,558,000 after acquiring an additional 50 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its position in MicroStrategy by 2.5% during the fourth quarter. Mesirow Financial Investment Management Inc. now owns 2,050 shares of the software maker’s stock valued at $594,000 after acquiring an additional 50 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on MSTR. Mizuho began coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target on the stock. Keefe, Bruyette & Woods began coverage on shares of MicroStrategy in a research report on Friday, February 7th. They set an “outperform” rating and a $560.00 price target on the stock. Benchmark reiterated a “buy” rating and set a $650.00 price target on shares of MicroStrategy in a research report on Tuesday, January 14th. Barclays reduced their price target on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Finally, Cantor Fitzgerald increased their price target on shares of MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. One research 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $536.90.

MicroStrategy Stock Up 0.8 %

Shares of MicroStrategy stock opened at $262.55 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00. The stock has a market capitalization of $67.57 billion, a price-to-earnings ratio of -46.61 and a beta of 3.36. The company’s 50 day moving average price is $323.17 and its 200-day moving average price is $280.08.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) 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%.

About MicroStrategy

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.