Gulf International Bank UK Ltd Has $4.41 Million Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Gulf International Bank UK Ltd raised its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 23.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,233 shares of the software maker’s stock after purchasing an additional 2,931 shares during the quarter. Gulf International Bank UK Ltd’s holdings in MicroStrategy were worth $4,411,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in MicroStrategy in the 3rd quarter valued at approximately $27,000. Sunbelt Securities Inc. grew its stake in shares of MicroStrategy by 900.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock worth $27,000 after acquiring an additional 144 shares in the last quarter. Aspect Partners LLC bought a new stake in shares of MicroStrategy in the fourth quarter worth $28,000. Private Wealth Management Group LLC boosted its holdings in MicroStrategy by 208.8% during the fourth quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after purchasing an additional 71 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new position in MicroStrategy in the third quarter valued at $32,000. 59.84% of the stock is currently owned by institutional investors.

MicroStrategy Trading Down 8.8 %

Shares of MicroStrategy stock opened at $240.05 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The business has a fifty day simple moving average of $333.62 and a two-hundred day simple moving average of $270.58. MicroStrategy Incorporated has a 1 year low of $91.55 and a 1 year high of $543.00. The company has a market capitalization of $57.53 billion, a price-to-earnings ratio of -42.61 and a beta of 3.25.

MicroStrategy (NASDAQ:MSTR) last posted its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) 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 Analysts Forecast Growth

Several brokerages have commented on MSTR. Mizuho began coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target on the stock. Keefe, Bruyette & Woods began coverage on MicroStrategy in a report on Friday, February 7th. They set an “outperform” rating and a $560.00 target price on the stock. Cantor Fitzgerald raised their price target on MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Benchmark reaffirmed a “buy” rating and set a $650.00 price target on shares of MicroStrategy in a research report on Tuesday, January 14th. Finally, Barclays cut their price objective on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a report on Monday, February 10th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $536.90.

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.