Duality Advisers LP Grows Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Duality Advisers LP raised its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 44.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 992 shares of the software maker’s stock after buying an additional 303 shares during the quarter. Duality Advisers LP’s holdings in MicroStrategy were worth $627,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of MSTR. GPS Wealth Strategies Group LLC acquired a new position in MicroStrategy in the 3rd quarter valued at $37,000. Signaturefd LLC increased its stake in MicroStrategy by 85.3% in the 4th quarter. Signaturefd LLC now owns 63 shares of the software maker’s stock valued at $40,000 after buying an additional 29 shares during the period. NBC Securities Inc. acquired a new position in MicroStrategy in the 3rd quarter valued at $41,000. Beaird Harris Wealth Management LLC increased its stake in MicroStrategy by 364.9% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 172 shares of the software maker’s stock valued at $56,000 after buying an additional 135 shares during the period. Finally, Toronto Dominion Bank acquired a new position in MicroStrategy in the 3rd quarter valued at $66,000. 72.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MSTR. StockNews.com raised shares of MicroStrategy to a “sell” rating in a research note on Monday, March 18th. TD Cowen lowered their price target on shares of 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. Canaccord Genuity Group reaffirmed a “buy” rating and set a $1,810.00 price target on shares of MicroStrategy in a research note on Thursday, March 28th. Benchmark reaffirmed a “buy” rating and set a $1,875.00 price target on shares of MicroStrategy in a research note on Thursday. Finally, BTIG Research upped their price target on shares of MicroStrategy from $780.00 to $1,800.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,473.00.

Insider Buying and Selling at MicroStrategy

In other MicroStrategy news, Chairman Michael J. Saylor sold 1,140 shares of the company’s stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $1,951.33, for a total value of $2,224,516.20. Following the transaction, the chairman now directly owns 1,140 shares in the company, valued at approximately $2,224,516.20. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other MicroStrategy news, Chairman Michael J. Saylor sold 1,140 shares of the company’s stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $1,951.33, for a total value of $2,224,516.20. Following the transaction, the chairman now directly owns 1,140 shares in the company, valued at approximately $2,224,516.20. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Jarrod M. Patten sold 3,675 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $1,632.55, for a total transaction of $5,999,621.25. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 117,452 shares of company stock worth $122,745,797. Corporate insiders own 13.18% of the company’s stock.

MicroStrategy Price Performance

Shares of NASDAQ MSTR opened at $1,240.41 on Friday. The stock has a market cap of $21.05 billion, a price-to-earnings ratio of 44.02 and a beta of 2.89. MicroStrategy Incorporated has a 52 week low of $266.00 and a 52 week high of $1,999.99. The company’s 50-day moving average price is $1,339.55 and its 200 day moving average price is $800.40. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.01.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Tuesday, February 6th. The software maker reported $5.62 EPS for the quarter. The firm had revenue of $124.48 million for the quarter, compared to analysts’ expectations of $134.90 million. MicroStrategy had a net margin of 86.47% and a return on equity of 42.81%.

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.