Achmea Investment Management B.V. Buys 3,053 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Achmea Investment Management B.V. raised its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 25.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 15,266 shares of the software maker’s stock after acquiring an additional 3,053 shares during the period. Achmea Investment Management B.V.’s holdings in MicroStrategy were worth $4,422,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vestcor Inc lifted its position in MicroStrategy by 15.6% in the fourth quarter. Vestcor Inc now owns 3,580 shares of the software maker’s stock valued at $1,037,000 after purchasing an additional 484 shares during the last quarter. Swiss National Bank raised its holdings in shares of MicroStrategy by 10.4% during the fourth quarter. Swiss National Bank now owns 517,000 shares of the software maker’s stock valued at $149,734,000 after acquiring an additional 48,800 shares in the last quarter. Rakuten Securities Inc. raised its holdings in shares of MicroStrategy by 24.8% during the fourth quarter. Rakuten Securities Inc. now owns 42,783 shares of the software maker’s stock valued at $12,391,000 after acquiring an additional 8,512 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of MicroStrategy during the fourth quarter valued at approximately $139,000. Finally, SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in shares of MicroStrategy during the fourth quarter valued at approximately $4,403,000. Institutional investors own 59.84% of the company’s stock.

MicroStrategy Trading Up 13.0 %

Shares of NASDAQ:MSTR opened at $297.49 on Friday. The stock has a market capitalization of $76.56 billion, a price-to-earnings ratio of -52.81 and a beta of 3.36. 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 stock’s 50-day simple moving average is $321.59 and its two-hundred day simple moving average is $281.01. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MSTR. Maxim Group upped their target price on MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Canaccord Genuity Group decreased their target price on MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a report on Thursday, February 6th. TD Cowen increased their price objective on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Mizuho assumed coverage on MicroStrategy in a report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price objective for the company. Finally, Cantor Fitzgerald increased their price objective on MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, MicroStrategy has a consensus rating of “Moderate Buy” and a consensus target price of $536.90.

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.