Sloy Dahl & Holst LLC Acquires Shares of 16,413 MicroStrategy Incorporated (NASDAQ:MSTR)

Sloy Dahl & Holst LLC acquired a new stake in MicroStrategy Incorporated (NASDAQ:MSTR) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 16,413 shares of the software maker’s stock, valued at approximately $4,754,000. MicroStrategy comprises approximately 0.6% of Sloy Dahl & Holst LLC’s investment portfolio, making the stock its 16th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of MSTR. UMB Bank n.a. grew its stake 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 acquiring an additional 135 shares in the last quarter. AlphaMark Advisors LLC grew its stake in shares of MicroStrategy by 2,900.0% in the third quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock valued at $25,000 after acquiring an additional 145 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in shares of MicroStrategy in the third quarter valued at about $27,000. Sunbelt Securities Inc. grew its stake in shares of MicroStrategy by 900.0% in the third quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock valued at $27,000 after acquiring an additional 144 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its stake in shares of MicroStrategy by 900.0% in the third quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock valued at $29,000 after acquiring an additional 153 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MSTR has been the topic of several research reports. Maxim Group upped their price target on shares of MicroStrategy from $193.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. BTIG Research upped their price objective on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Mizuho initiated coverage on shares of MicroStrategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price objective for the company. Compass Point raised shares of MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Finally, Canaccord Genuity Group upped their price objective on shares of MicroStrategy from $300.00 to $510.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. One research analyst has rated the stock with a sell rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $483.22.

Insider Activity

In other news, CFO Andrew Kang sold 5,700 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $257.15, for a total value of $1,465,755.00. Following the completion of the transaction, the chief financial officer now directly owns 12,080 shares in the company, valued at approximately $3,106,372. This represents a 32.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen X. Graham sold 20,000 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $451.36, for a total value of $9,027,200.00. Following the completion of the transaction, the director now owns 6,970 shares of the company’s stock, valued at $3,145,979.20. The trade was a 74.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 102,000 shares of company stock worth $32,259,177. Insiders own 9.16% of the company’s stock.

MicroStrategy Stock Up 3.7 %

Shares of NASDAQ:MSTR opened at $347.09 on Tuesday. MicroStrategy Incorporated has a 52-week low of $46.75 and a 52-week high of $543.00. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.12. The company has a fifty day moving average of $358.69 and a 200-day moving average of $252.22.

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.