Wilmington Savings Fund Society FSB Buys 957 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Wilmington Savings Fund Society FSB raised its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 957.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,057 shares of the software maker’s stock after acquiring an additional 957 shares during the period. Wilmington Savings Fund Society FSB’s holdings in MicroStrategy were worth $306,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Sanctuary Advisors LLC bought a new position in shares of MicroStrategy in the 2nd quarter valued at $553,000. GAMMA Investing LLC grew its position in MicroStrategy by 1,096.7% in the third quarter. GAMMA Investing LLC now owns 359 shares of the software maker’s stock valued at $61,000 after acquiring an additional 329 shares during the last quarter. CWM LLC grew its position in MicroStrategy by 1,063.3% in the third quarter. CWM LLC now owns 14,379 shares of the software maker’s stock valued at $2,424,000 after acquiring an additional 13,143 shares during the last quarter. UMB Bank n.a. raised its stake in MicroStrategy by 900.0% during the third quarter. UMB Bank n.a. now owns 150 shares of the software maker’s stock worth $25,000 after acquiring an additional 135 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of MicroStrategy in the third quarter worth about $202,000. 59.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Stephen X. Graham sold 20,000 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the transaction, the director now owns 6,970 shares in the company, valued at $3,145,979.20. The trade was a 74.16 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Jeanine Montgomery sold 752 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $322.45, for a total transaction of $242,482.40. Following the completion of the sale, the chief accounting officer now owns 6,418 shares of the company’s stock, valued at $2,069,484.10. The trade was a 10.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,050 shares of company stock valued at $9,689,930 over the last 90 days. Company insiders own 9.16% of the company’s stock.

MicroStrategy Trading Down 4.5 %

NASDAQ:MSTR opened at $319.46 on Wednesday. MicroStrategy Incorporated has a 52 week low of $65.02 and a 52 week high of $543.00. 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 firm’s fifty day moving average is $353.08 and its 200-day moving average is $258.97. The firm has a market cap of $76.56 billion, a P/E ratio of -56.71 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last issued 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%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MSTR. Mizuho began coverage on shares of MicroStrategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target on the stock. Canaccord Genuity Group lowered their price target on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Benchmark reissued a “buy” rating and set a $650.00 price objective on shares of MicroStrategy in a report on Tuesday, January 14th. TD Cowen upped their target price on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Finally, Maxim Group lifted their price target on MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.