Sepio Capital LP Boosts Stock Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Sepio Capital LP grew its holdings in MicroStrategy Incorporated (NASDAQ:MSTR) by 196.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,864 shares of the software maker’s stock after purchasing an additional 3,888 shares during the quarter. Sepio Capital LP’s holdings in MicroStrategy were worth $1,698,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Riverview Trust Co acquired a new position in MicroStrategy during the 4th quarter worth $25,000. IAG Wealth Partners LLC purchased a new stake in MicroStrategy in the fourth quarter valued at $25,000. Quadrant Capital Group LLC boosted its stake in MicroStrategy by 855.6% in the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker’s stock valued at $25,000 after acquiring an additional 77 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of MicroStrategy by 900.0% during the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock worth $27,000 after purchasing an additional 144 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in MicroStrategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after buying an additional 76 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

MicroStrategy Price Performance

NASDAQ MSTR opened at $293.61 on Friday. MicroStrategy Incorporated has a 1 year low of $101.00 and a 1 year high of $543.00. The stock’s 50-day moving average price is $305.50 and its two-hundred day moving average price is $300.59. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The company has a market cap of $75.56 billion, a PE ratio of -52.12 and a beta of 3.36.

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

Insider Transactions at MicroStrategy

In other news, CAO Jeanine Montgomery sold 481 shares of the company’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $329.27, for a total value of $158,378.87. Following the completion of the sale, the chief accounting officer now directly owns 7,805 shares of the company’s stock, valued at $2,569,952.35. This represents a 5.80 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Wei-Ming Shao purchased 500 shares of MicroStrategy stock in a transaction on Thursday, March 20th. The shares were purchased at an average cost of $85.00 per share, with a total value of $42,500.00. Following the transaction, the executive vice president now owns 500 shares in the company, valued at approximately $42,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 8,000 shares of company stock valued at $680,000 and have sold 22,998 shares valued at $7,671,926. 9.16% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have commented on MSTR shares. Mizuho started coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price objective on the stock. Monness Crespi & Hardt downgraded shares of MicroStrategy from a “neutral” rating to a “sell” rating and set a $220.00 target price on the stock. in a report on Tuesday, April 1st. Sanford C. Bernstein reissued an “outperform” rating and issued a $600.00 price target on shares of MicroStrategy in a report on Thursday, December 12th. Barclays decreased their price objective on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Finally, Compass Point raised MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. One research 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 company’s stock. According to MarketBeat, MicroStrategy has a consensus rating of “Moderate Buy” and an average price target of $508.09.

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.