Cwm LLC Increases Stock Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Cwm LLC increased its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 7.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 396 shares of the software maker’s stock after buying an additional 27 shares during the quarter. Cwm LLC’s holdings in MicroStrategy were worth $250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MSTR. Vanguard Group Inc. grew its stake in MicroStrategy by 10.1% during the 3rd quarter. Vanguard Group Inc. now owns 1,126,980 shares of the software maker’s stock worth $369,965,000 after buying an additional 103,107 shares during the last quarter. UBS Group AG grew its stake in MicroStrategy by 376.9% during the 3rd quarter. UBS Group AG now owns 36,504 shares of the software maker’s stock valued at $11,984,000 after purchasing an additional 28,850 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in MicroStrategy during the 4th quarter valued at about $12,367,000. Financial Sense Advisors Inc. grew its stake in MicroStrategy by 274.7% during the 3rd quarter. Financial Sense Advisors Inc. now owns 23,604 shares of the software maker’s stock valued at $7,749,000 after purchasing an additional 17,304 shares during the last quarter. Finally, Strong Tower Advisory Services purchased a new stake in MicroStrategy during the 4th quarter valued at about $6,566,000. 72.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Chairman Michael J. Saylor sold 5,000 shares of the company’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $1,295.80, for a total value of $6,479,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Wei-Ming Shao sold 350 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $711.32, for a total value of $248,962.00. Following the completion of the transaction, the executive vice president now owns 453 shares of the company’s stock, valued at approximately $322,227.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Michael J. Saylor sold 5,000 shares of the company’s stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $1,295.80, for a total value of $6,479,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 102,452 shares of company stock valued at $115,133,997. 13.18% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have weighed in on MSTR. Canaccord Genuity Group dropped their price target on MicroStrategy from $1,810.00 to $1,590.00 and set a “buy” rating on the stock in a research note on Tuesday. Benchmark reiterated a “buy” rating and set a $1,875.00 price target on shares of MicroStrategy in a research note on Thursday, April 25th. TD Cowen dropped their price target on MicroStrategy from $1,560.00 to $1,450.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 20th. BTIG Research boosted their price target on MicroStrategy from $780.00 to $1,800.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Finally, StockNews.com raised MicroStrategy to a “sell” rating in a report on Monday, March 18th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,678.75.

MicroStrategy Stock Performance

Shares of MSTR stock opened at $1,223.01 on Friday. The stock has a market cap of $20.75 billion, a PE ratio of -182.54 and a beta of 3.00. The business has a 50-day simple moving average of $1,385.71 and a 200-day simple moving average of $829.16. The company has a quick ratio of 0.83, a current ratio of 0.78 and a debt-to-equity ratio of 1.48. MicroStrategy Incorporated has a 52-week low of $266.00 and a 52-week high of $1,999.99.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Tuesday, February 6th. The software maker reported $5.62 earnings per share (EPS) for the quarter. The business had revenue of $124.48 million during the quarter, compared to analysts’ expectations of $134.90 million. MicroStrategy had a negative return on equity of 8.37% and a negative net margin of 17.40%.

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.