200 Shares in MicroStrategy Incorporated (NASDAQ:MSTR) Bought by LongView Wealth Management

LongView Wealth Management acquired a new position in MicroStrategy Incorporated (NASDAQ:MSTR) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 200 shares of the software maker’s stock, valued at approximately $341,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rise Advisors LLC lifted its position in shares of MicroStrategy by 233.3% during the 1st quarter. Rise Advisors LLC now owns 20 shares of the software maker’s stock valued at $34,000 after buying an additional 14 shares in the last quarter. ST Germain D J Co. Inc. purchased a new position in MicroStrategy during the first quarter valued at $29,000. CWM LLC grew its position in shares of MicroStrategy by 7.3% in the fourth quarter. CWM LLC now owns 396 shares of the software maker’s stock valued at $250,000 after purchasing an additional 27 shares during the period. Signaturefd LLC increased its stake in shares of MicroStrategy by 85.3% during the fourth quarter. Signaturefd LLC now owns 63 shares of the software maker’s stock worth $40,000 after purchasing an additional 29 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in shares of MicroStrategy by 30.7% during the 4th quarter. Parallel Advisors LLC now owns 132 shares of the software maker’s stock worth $83,000 after purchasing an additional 31 shares during the last quarter. Institutional investors and hedge funds own 72.03% of the company’s stock.

MicroStrategy Stock Down 9.7 %

Shares of MicroStrategy stock traded down $147.92 during trading hours on Friday, hitting $1,377.48. The company had a trading volume of 3,404,609 shares, compared to its average volume of 1,864,931. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.78 and a quick ratio of 0.78. The company’s 50-day moving average is $1,442.81 and its two-hundred day moving average is $1,115.66. The company has a market cap of $24.44 billion, a P/E ratio of -205.59 and a beta of 3.08. MicroStrategy Incorporated has a twelve month low of $307.11 and a twelve month high of $1,999.99.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings data on Monday, April 29th. The software maker reported ($8.26) earnings per share (EPS) for the quarter. MicroStrategy had a negative net margin of 17.40% and a negative return on equity of 8.37%. The company had revenue of $115.25 million during the quarter, compared to analyst estimates of $124.80 million.

Analyst Ratings Changes

MSTR has been the topic of several recent research reports. Maxim Group began coverage on shares of MicroStrategy in a research note on Tuesday. They set a “buy” rating and a $1,835.00 target price on the stock. TD Cowen boosted their target price on MicroStrategy from $1,450.00 to $1,880.00 and gave the stock a “buy” rating in a report on Friday, June 21st. Sanford C. Bernstein raised MicroStrategy to a “strong-buy” rating in a report on Friday, June 14th. BTIG Research boosted their price objective on MicroStrategy from $780.00 to $1,800.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Finally, Benchmark reaffirmed a “buy” rating and issued a $1,875.00 target price on shares of MicroStrategy in a research note on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,017.67.

Insider Activity

In other MicroStrategy news, Chairman Michael J. Saylor sold 5,000 shares of the firm’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $1,638.91, for a total transaction of $8,194,550.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 40,856 shares of company stock valued at $59,250,731. 13.18% of the stock is currently owned by company insiders.

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.