B. Metzler seel. Sohn & Co. Holding AG Buys New Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,610 shares of the software maker’s stock, valued at approximately $609,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. UMB Bank n.a. lifted its position in MicroStrategy by 900.0% during the third quarter. UMB Bank n.a. now owns 150 shares of the software maker’s stock valued at $25,000 after purchasing an additional 135 shares during the period. AlphaMark Advisors LLC raised its stake in shares of MicroStrategy by 2,900.0% during the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock valued at $25,000 after buying an additional 145 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in shares of MicroStrategy during the 3rd quarter valued at about $27,000. ST Germain D J Co. Inc. lifted its holdings in shares of MicroStrategy by 900.0% in the 3rd quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock valued at $29,000 after buying an additional 153 shares during the period. Finally, Fairman Group LLC increased its holdings in shares of MicroStrategy by 900.0% during the 3rd quarter. Fairman Group LLC now owns 200 shares of the software maker’s stock valued at $34,000 after purchasing an additional 180 shares in the last quarter. 72.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at MicroStrategy

In other MicroStrategy news, EVP Wei-Ming Shao sold 18,000 shares of the company’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $368.01, for a total value of $6,624,180.00. Following the completion of the sale, the executive vice president now directly owns 6,460 shares in the company, valued at $2,377,344.60. This represents a 73.59 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Jeanine Montgomery sold 56,250 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $257.41, for a total value of $14,479,312.50. Following the completion of the sale, the chief accounting officer now directly owns 5,670 shares of the company’s stock, valued at $1,459,514.70. This trade represents a 90.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 82,000 shares of company stock valued at $23,231,977. 13.18% of the stock is currently owned by insiders.

MicroStrategy Stock Performance

Shares of NASDAQ:MSTR opened at $421.88 on Monday. 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 Incorporated has a 1 year low of $43.87 and a 1 year high of $543.00. The firm has a market capitalization of $85.49 billion, a PE ratio of -200.23 and a beta of 3.05. The business’s 50 day moving average price is $233.68 and its 200-day moving average price is $176.63.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data on Wednesday, October 30th. The software maker reported ($1.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($1.44). MicroStrategy had a negative net margin of 87.05% and a negative return on equity of 17.31%. The business had revenue of $116.07 million for the quarter, compared to analysts’ expectations of $121.45 million. During the same period in the prior year, the company posted ($8.98) EPS. The firm’s revenue was down 10.3% on a year-over-year basis.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MSTR. Benchmark increased their price target on shares of MicroStrategy from $300.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Maxim Group raised their target price on MicroStrategy from $193.00 to $270.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Barclays upped their price target on MicroStrategy from $225.00 to $275.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Sanford C. Bernstein dropped their price objective on MicroStrategy from $2,890.00 to $290.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Finally, Canaccord Genuity Group upped their target price on MicroStrategy from $173.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $331.13.

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.