Altiora Financial Group LLC Decreases Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Altiora Financial Group LLC trimmed its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 48.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,058 shares of the software maker’s stock after selling 982 shares during the period. Altiora Financial Group LLC’s holdings in MicroStrategy were worth $306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in MSTR. Riverview Trust Co purchased a new stake in shares of MicroStrategy in the 4th quarter valued at about $25,000. Capital Performance Advisors LLP purchased a new stake in shares of MicroStrategy in the 3rd quarter valued at about $27,000. Sunbelt Securities Inc. lifted its holdings in shares of MicroStrategy by 900.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after purchasing an additional 144 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of MicroStrategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock valued at $27,000 after purchasing an additional 76 shares during the last quarter. Finally, Aspect Partners LLC purchased a new stake in shares of MicroStrategy in the 4th quarter valued at about $28,000. 59.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on MSTR shares. Sanford C. Bernstein reissued an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a report on Thursday, December 12th. BTIG Research boosted their price target on MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Mizuho began coverage on MicroStrategy in a research report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price target on the stock. Benchmark restated a “buy” rating and issued a $650.00 price target on shares of MicroStrategy in a research report on Tuesday, January 14th. Finally, Cantor Fitzgerald boosted their price target on MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, MicroStrategy has an average rating of “Moderate Buy” and an average price target of $536.90.

MicroStrategy Stock Performance

NASDAQ MSTR opened at $287.18 on Monday. 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 business’s 50 day moving average is $325.57 and its two-hundred day moving average is $278.68. MicroStrategy Incorporated has a 12-month low of $101.00 and a 12-month high of $543.00. The stock has a market capitalization of $73.91 billion, a price-to-earnings ratio of -50.98 and a beta of 3.36.

MicroStrategy (NASDAQ:MSTR) last released its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

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.