MicroStrategy Incorporated (NASDAQ:MSTR) Position Increased by Yousif Capital Management LLC

Yousif Capital Management LLC increased its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 42.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,909 shares of the software maker’s stock after buying an additional 873 shares during the quarter. Yousif Capital Management LLC’s holdings in MicroStrategy were worth $839,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in MSTR. Geode Capital Management LLC boosted its holdings in shares of MicroStrategy by 10.2% during the fourth quarter. Geode Capital Management LLC now owns 3,047,625 shares of the software maker’s stock valued at $881,470,000 after acquiring an additional 281,342 shares during the period. Norges Bank bought a new stake in MicroStrategy in the 4th quarter valued at about $523,981,000. Northern Trust Corp boosted its stake in MicroStrategy by 24.4% during the 4th quarter. Northern Trust Corp now owns 1,076,185 shares of the software maker’s stock valued at $311,685,000 after purchasing an additional 210,997 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in MicroStrategy by 25.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 802,464 shares of the software maker’s stock worth $232,410,000 after purchasing an additional 162,757 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in MicroStrategy by 14.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker’s stock worth $220,626,000 after purchasing an additional 97,515 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

MicroStrategy Price Performance

NASDAQ:MSTR opened at $369.03 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.25. The business’s 50-day moving average price is $373.78 and its 200 day moving average price is $341.81. MicroStrategy Incorporated has a 52-week low of $102.40 and a 52-week high of $543.00. The firm has a market cap of $100.89 billion, a P/E ratio of -16.92 and a beta of 3.73.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($16.47). MicroStrategy had a negative return on equity of 37.64% and a negative net margin of 1,160.72%. The business had revenue of $111.07 million during the quarter, compared to analyst estimates of $116.66 million. During the same period in the prior year, the firm earned ($0.83) EPS. The business’s revenue for the quarter was down 3.6% on a year-over-year basis.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSTR. UBS Group reaffirmed a “buy” rating on shares of MicroStrategy in a report on Friday, May 16th. BTIG Research reaffirmed a “buy” rating on shares of MicroStrategy in a research note on Wednesday, May 14th. Monness Crespi & Hardt lowered MicroStrategy from a “neutral” rating to a “sell” rating and set a $220.00 price target for the company. in a research report on Tuesday, April 1st. Canaccord Genuity Group reissued a “buy” rating on shares of MicroStrategy in a report on Monday, May 19th. Finally, HC Wainwright assumed coverage on shares of MicroStrategy in a research note on Tuesday, April 29th. They set a “buy” rating and a $480.00 price objective on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, MicroStrategy has an average rating of “Moderate Buy” and an average price target of $514.42.

Insiders Place Their Bets

In other news, EVP Wei-Ming Shao sold 2,051 shares of the company’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $329.26, for a total transaction of $675,312.26. Following the completion of the sale, the executive vice president now directly owns 10,597 shares of the company’s stock, valued at $3,489,168.22. This represents a 16.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Jeanine Montgomery sold 339 shares of the company’s stock in a transaction on Friday, June 6th. The shares were sold at an average price of $374.55, for a total value of $126,972.45. Following the sale, the chief accounting officer now directly owns 8,605 shares of the company’s stock, valued at approximately $3,223,002.75. This represents a 3.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have acquired 25,277 shares of company stock worth $2,312,345 and have sold 93,619 shares worth $33,607,643. 8.46% of the stock is currently owned by company insiders.

About MicroStrategy

Strategy Incorporated, formerly known as MicroStrategy, provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers Strategy ONE, a platform that allows non-technical users to access novel and actionable insights for decision-making, and Strategy Cloud for Government, which provides always-on threat monitoring designed to meet the strict technical and regulatory standards of governments and financial institutions.