Savant Capital LLC Sells 1,345 Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Savant Capital LLC decreased its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 53.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,175 shares of the software maker’s stock after selling 1,345 shares during the period. Savant Capital LLC’s holdings in MicroStrategy were worth $340,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Wealth Management Group LLC boosted its position in shares of MicroStrategy by 208.8% during the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock valued at $30,000 after purchasing an additional 71 shares in the last quarter. Activest Wealth Management bought a new stake in shares of MicroStrategy during the 4th quarter valued at about $33,000. SOA Wealth Advisors LLC. bought a new stake in shares of MicroStrategy during the 4th quarter valued at about $37,000. Versant Capital Management Inc boosted its position in shares of MicroStrategy by 38.2% during the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock valued at $41,000 after purchasing an additional 39 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its position in shares of MicroStrategy by 900.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after purchasing an additional 144 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Insider Buying and Selling at MicroStrategy

In related news, Director Stephen X. Graham sold 20,000 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $451.36, for a total value of $9,027,200.00. Following the sale, the director now owns 6,970 shares in the company, valued at approximately $3,145,979.20. This trade represents a 74.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 9.16% of the stock is owned by corporate insiders.

MicroStrategy Stock Performance

Shares of MSTR opened at $337.73 on Tuesday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $80.94 billion, a price-to-earnings ratio of -59.96 and a beta of 3.25. The stock has a 50 day moving average of $348.57 and a 200 day moving average of $263.80. MicroStrategy Incorporated has a 12 month low of $66.43 and a 12 month high of $543.00.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Analyst Upgrades and Downgrades

MSTR has been the topic of a number of research reports. Compass Point raised MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. Benchmark reaffirmed a “buy” rating and set a $650.00 price target on shares of MicroStrategy in a research note on Tuesday, January 14th. Barclays dropped their price target on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Mizuho initiated coverage on MicroStrategy in a research note on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target on the stock. Finally, TD Cowen upped their price target on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. One investment analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $536.90.

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.