Impact Partnership Wealth LLC Takes Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Impact Partnership Wealth LLC purchased a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,167 shares of the software maker’s stock, valued at approximately $917,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MSTR. Strategic Investment Solutions Inc. IL purchased a new stake in shares of MicroStrategy during the second quarter worth $106,000. Versant Capital Management Inc boosted its stake in MicroStrategy by 38.2% in the 4th 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 period. UMB Bank n.a. increased its position in shares of MicroStrategy by 900.0% during the third quarter. UMB Bank n.a. now owns 150 shares of the software maker’s stock valued at $25,000 after buying an additional 135 shares during the period. AlphaMark Advisors LLC grew 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 valued at $25,000 after acquiring an additional 145 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd increased its holdings in MicroStrategy by 2,416.7% during the 2nd quarter. Gordian Capital Singapore Pte Ltd now owns 151 shares of the software maker’s stock worth $208,000 after acquiring an additional 145 shares during the period. 59.84% of the stock is owned by institutional investors.

Insider Buying and Selling at MicroStrategy

In related news, EVP Wei-Ming Shao sold 18,000 shares of MicroStrategy stock in a transaction 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 completion of the sale, the executive vice president now owns 6,460 shares of the company’s stock, valued at $2,377,344.60. The trade was a 73.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Jeanine Montgomery sold 56,250 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $257.41, for a total value of $14,479,312.50. Following the sale, the chief accounting officer now owns 5,670 shares of the company’s stock, valued at approximately $1,459,514.70. This trade represents a 90.84 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 102,000 shares of company stock worth $32,259,177. 9.16% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

MSTR has been the subject of a number of recent analyst reports. TD Cowen boosted their price target on shares of MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Canaccord Genuity Group lifted their price target on MicroStrategy from $300.00 to $510.00 and gave the company a “buy” rating in a research report on Monday, November 25th. BTIG Research upped their price objective on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Benchmark reaffirmed a “buy” rating and set a $650.00 price target on shares of MicroStrategy in a research note on Tuesday, January 14th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $600.00 price objective on shares of MicroStrategy in a report on Thursday, December 12th. One analyst has rated the stock with a sell rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $479.25.

MicroStrategy Price Performance

MSTR opened at $373.12 on Friday. The stock’s 50 day moving average price is $367.53 and its 200-day moving average price is $241.12. MicroStrategy Incorporated has a 52-week low of $44.51 and a 52-week high of $543.00. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.65 and a quick ratio of 0.65.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data on Wednesday, October 30th. The software maker reported ($1.56) EPS for the quarter, missing the consensus estimate of ($0.12) by ($1.44). The firm had revenue of $116.07 million for the quarter, compared to analysts’ expectations of $121.45 million. MicroStrategy had a negative net margin of 87.05% and a negative return on equity of 17.31%. The business’s quarterly revenue was down 10.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($8.98) EPS.

MicroStrategy 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.