YHB Investment Advisors Inc. Takes Position in MicroStrategy Incorporated (NASDAQ:MSTR)

YHB Investment Advisors Inc. purchased a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 61 shares of the software maker’s stock, valued at approximately $104,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital International Investors grew its holdings in shares of MicroStrategy by 0.3% during the fourth quarter. Capital International Investors now owns 1,558,897 shares of the software maker’s stock worth $984,631,000 after purchasing an additional 4,858 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of MicroStrategy by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 1,151,977 shares of the software maker’s stock worth $727,612,000 after purchasing an additional 24,997 shares in the last quarter. Norges Bank purchased a new position in shares of MicroStrategy during the fourth quarter worth about $70,990,000. Northern Trust Corp grew its holdings 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 worth $35,479,000 after purchasing an additional 2,248 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of MicroStrategy by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 99,949 shares of the software maker’s stock worth $63,130,000 after purchasing an additional 6,272 shares in the last quarter. 72.03% of the stock is currently owned by institutional investors.

MicroStrategy Price Performance

MSTR traded down $44.43 during midday trading on Tuesday, hitting $1,555.49. The stock had a trading volume of 1,139,262 shares, compared to its average volume of 1,912,316. The company has a market cap of $27.59 billion, a P/E ratio of -231.68 and a beta of 3.08. The business has a fifty day moving average of $1,430.65 and a 200 day moving average of $1,036.65. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.78 and a current ratio of 0.78. MicroStrategy Incorporated has a 1 year low of $266.00 and a 1 year high of $1,999.99.

MicroStrategy (NASDAQ:MSTR) last issued its earnings results on Monday, April 29th. The software maker reported ($8.26) earnings per share (EPS) for the quarter. The firm had revenue of $115.25 million during the quarter, compared to analysts’ expectations of $124.80 million. MicroStrategy had a negative return on equity of 8.37% and a negative net margin of 17.40%.

Analysts Set New Price Targets

Several research analysts have recently commented on MSTR shares. BTIG Research boosted their price objective on MicroStrategy from $780.00 to $1,800.00 and gave the stock a “buy” rating in a report on Friday, April 5th. Canaccord Genuity Group boosted their price objective on MicroStrategy from $1,590.00 to $2,047.00 and gave the stock a “buy” rating in a report on Wednesday, May 29th. TD Cowen cut their price objective on MicroStrategy from $1,560.00 to $1,450.00 and set an “outperform” rating for the company in a report on Wednesday, March 20th. Benchmark reaffirmed a “buy” rating and issued a $1,875.00 target price on shares of MicroStrategy in a research note on Thursday, April 25th. Finally, StockNews.com raised MicroStrategy to a “sell” rating in a research note on Monday, March 18th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,793.00.

Insider Activity

In other news, Chairman Michael J. Saylor sold 5,000 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $1,630.88, for a total transaction of $8,154,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Chairman Michael J. Saylor sold 5,000 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $1,630.88, for a total transaction of $8,154,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jarrod M. Patten sold 3,675 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $1,632.55, for a total value of $5,999,621.25. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 50,671 shares of company stock valued at $75,837,011. 13.18% of the stock is currently owned by company insiders.

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.