MicroStrategy Incorporated (NASDAQ:MSTR) Position Raised by Kapstone Financial Advisors LLC

Kapstone Financial Advisors LLC raised its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 73.9% during the fourth quarter, HoldingsChannel reports. The firm owned 6,035 shares of the software maker’s stock after buying an additional 2,565 shares during the quarter. MicroStrategy comprises 3.0% of Kapstone Financial Advisors LLC’s holdings, making the stock its 5th largest position. Kapstone Financial Advisors LLC’s holdings in MicroStrategy were worth $3,812,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of MicroStrategy by 10.1% during the third quarter. Vanguard Group Inc. now owns 1,126,980 shares of the software maker’s stock valued at $369,965,000 after buying an additional 103,107 shares during the last quarter. Northern Trust Corp grew its stake in shares of MicroStrategy by 2.1% during the third quarter. Northern Trust Corp now owns 108,075 shares of the software maker’s stock valued at $35,479,000 after buying an additional 2,248 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of MicroStrategy by 10.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 93,677 shares of the software maker’s stock valued at $30,752,000 after buying an additional 8,600 shares during the last quarter. UBS Group AG grew its stake in shares of MicroStrategy by 376.9% during the third quarter. UBS Group AG now owns 36,504 shares of the software maker’s stock valued at $11,984,000 after buying an additional 28,850 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of MicroStrategy by 12.6% during the third quarter. LPL Financial LLC now owns 27,845 shares of the software maker’s stock valued at $9,141,000 after buying an additional 3,105 shares during the last quarter. 72.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on MSTR shares. Benchmark reissued a “buy” rating and issued a $1,875.00 price objective on shares of MicroStrategy in a research note on Thursday. BTIG Research increased their price objective on MicroStrategy from $780.00 to $1,800.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. TD Cowen dropped their price objective on 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 target price on shares of MicroStrategy in a research report on Thursday, March 28th. Finally, StockNews.com upgraded MicroStrategy to a “sell” rating in a report on Monday, March 18th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,733.75.

MicroStrategy Stock Performance

Shares of NASDAQ MSTR traded up $41.97 during trading on Friday, reaching $1,282.38. 881,462 shares of the company traded hands, compared to its average volume of 1,592,514. MicroStrategy Incorporated has a 12-month low of $266.00 and a 12-month high of $1,999.99. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.01. The stock has a market cap of $21.76 billion, a P/E ratio of 45.51 and a beta of 2.89. The firm’s fifty day simple moving average is $1,351.21 and its 200 day simple moving average is $810.21.

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

Insider Buying and Selling

In related news, CEO Phong Le sold 10,000 shares of MicroStrategy stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $861.24, for a total value of $8,612,400.00. Following the sale, the chief executive officer now directly owns 595 shares in the company, valued at approximately $512,437.80. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other MicroStrategy news, CEO Phong Le sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $861.24, for a total value of $8,612,400.00. Following the transaction, the chief executive officer now directly owns 595 shares of the company’s stock, valued at approximately $512,437.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Michael J. Saylor sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $507.91, for a total transaction of $2,539,550.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 117,452 shares of company stock worth $122,745,797. Insiders own 13.18% of the company’s stock.

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.