MicroStrategy Incorporated (NASDAQ:MSTR) Shares Bought by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC grew its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 6.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,411 shares of the software maker’s stock after purchasing an additional 149 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in MicroStrategy were worth $698,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. raised its position in shares of MicroStrategy by 20.8% in the 2nd quarter. American Century Companies Inc. now owns 2,098 shares of the software maker’s stock worth $2,890,000 after buying an additional 361 shares during the period. Amalgamated Bank boosted its position in shares of MicroStrategy by 72.3% in the second quarter. Amalgamated Bank now owns 870 shares of the software maker’s stock worth $1,198,000 after buying an additional 365 shares during the period. Intech Investment Management LLC acquired a new position in MicroStrategy during the 2nd quarter worth approximately $804,000. AE Wealth Management LLC purchased a new position in shares of MicroStrategy in the second quarter valued at $603,000. Finally, Sei Investments Co. boosted its position in MicroStrategy by 16.9% in the 2nd quarter. Sei Investments Co. now owns 672 shares of the software maker’s stock valued at $926,000 after buying an additional 97 shares during the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Benchmark reissued a “buy” rating and issued a $650.00 price target on shares of MicroStrategy in a report on Tuesday, January 14th. BTIG Research lifted their price target on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Canaccord Genuity Group increased their price objective on shares of MicroStrategy from $300.00 to $510.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Barclays boosted their target price on shares of MicroStrategy from $275.00 to $515.00 and gave the stock an “overweight” rating in a research report on Monday, November 25th. Finally, Maxim Group lifted their price target on MicroStrategy from $193.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, MicroStrategy currently has an average rating of “Moderate Buy” and an average target price of $479.25.

Insider Transactions at MicroStrategy

In other MicroStrategy news, CAO Jeanine Montgomery sold 56,250 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $257.41, for a total transaction of $14,479,312.50. Following the sale, the chief accounting officer now owns 5,670 shares in the company, valued at approximately $1,459,514.70. The trade was a 90.84 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen X. Graham sold 20,000 shares of MicroStrategy stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the completion of the transaction, the director now directly owns 6,970 shares in the company, valued at approximately $3,145,979.20. This trade represents a 74.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,000 shares of company stock valued at $32,259,177. Corporate insiders own 9.16% of the company’s stock.

MicroStrategy Trading Down 3.0 %

Shares of NASDAQ MSTR opened at $377.31 on Thursday. The firm’s 50-day moving average price is $366.62 and its two-hundred day moving average price is $240.20. MicroStrategy Incorporated has a 52-week low of $43.87 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 issued its earnings results on Wednesday, October 30th. The software maker reported ($1.56) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($1.44). MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%. The company had revenue of $116.07 million during the quarter, compared to analyst estimates of $121.45 million. During the same period in the prior year, the business earned ($8.98) earnings per share. MicroStrategy’s quarterly revenue was down 10.3% on a year-over-year basis.

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.