CAP Partners LLC Has $1.32 Million Stock Position in MicroStrategy Incorporated (NASDAQ:MSTR)

CAP Partners LLC increased its stake in MicroStrategy Incorporated (NASDAQ:MSTR) by 1,349.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,844 shares of the software maker’s stock after buying an additional 7,303 shares during the quarter. MicroStrategy makes up 1.0% of CAP Partners LLC’s holdings, making the stock its 26th biggest position. CAP Partners LLC’s holdings in MicroStrategy were worth $1,322,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Buying and Selling at MicroStrategy

In related news, CEO Phong Le sold 50,000 shares of the business’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $138.28, for a total value of $6,914,000.00. Following the sale, the chief executive officer now owns 12,670 shares of the company’s stock, valued at $1,752,007.60. The trade was a 79.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Wei-Ming Shao sold 18,000 shares of the stock in a transaction on Wednesday, November 13th. The shares were 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 owns 6,460 shares of the company’s stock, valued at $2,377,344.60. The trade was a 73.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 134,954 shares of company stock worth $30,553,037. 13.18% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MSTR. Cantor Fitzgerald began coverage on shares of MicroStrategy in a research report on Wednesday, August 21st. They set an “overweight” rating and a $194.00 price objective for the company. Maxim Group upped their price objective on MicroStrategy from $193.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Benchmark increased their price objective on MicroStrategy from $245.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Barclays boosted their target price on shares of MicroStrategy from $225.00 to $275.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Finally, BTIG Research raised their price target on shares of MicroStrategy from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. One research analyst has rated the stock with a sell rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, MicroStrategy currently has a consensus rating of “Moderate Buy” and an average target price of $271.13.

MicroStrategy Price Performance

MSTR stock opened at $337.01 on Monday. The stock has a market cap of $68.29 billion, a price-to-earnings ratio of -161.45 and a beta of 3.05. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.65 and a quick ratio of 0.65. The company has a 50 day simple moving average of $204.83 and a 200 day simple moving average of $166.15. MicroStrategy Incorporated has a 1 year low of $43.87 and a 1 year high of $383.40.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings results 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 return on equity of 17.31% and a negative net margin of 87.05%. The company had revenue of $116.07 million for the quarter, compared to analyst estimates of $121.45 million. During the same quarter last year, the company posted ($8.98) earnings per share. The firm’s quarterly revenue was down 10.3% on a year-over-year basis.

About MicroStrategy

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.