Clarity Capital Partners LLC Has $7.27 Million Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Clarity Capital Partners LLC grew its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 122.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 25,115 shares of the software maker’s stock after acquiring an additional 13,817 shares during the period. MicroStrategy comprises 3.8% of Clarity Capital Partners LLC’s investment portfolio, making the stock its 6th biggest position. Clarity Capital Partners LLC’s holdings in MicroStrategy were worth $7,274,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UMB Bank n.a. grew its position in shares of MicroStrategy by 900.0% during the 3rd 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 during the period. AlphaMark Advisors LLC boosted its holdings in MicroStrategy by 2,900.0% in the 3rd quarter. AlphaMark Advisors LLC now owns 150 shares of the software maker’s stock worth $25,000 after buying an additional 145 shares during the period. Capital Performance Advisors LLP bought a new position in MicroStrategy in the 3rd quarter worth approximately $27,000. Sunbelt Securities Inc. boosted its holdings in MicroStrategy by 900.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock worth $27,000 after buying an additional 144 shares during the period. Finally, ST Germain D J Co. Inc. boosted its holdings in MicroStrategy by 900.0% in the 3rd quarter. ST Germain D J Co. Inc. now owns 170 shares of the software maker’s stock worth $29,000 after buying an additional 153 shares during the period. 59.84% of the stock is owned by institutional investors.

MicroStrategy Price Performance

Shares of NASDAQ:MSTR opened at $326.82 on Thursday. The firm has a fifty day moving average price of $351.50 and a two-hundred day moving average price of $259.45. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. MicroStrategy Incorporated has a one year low of $65.56 and a one year high of $543.00.

MicroStrategy (NASDAQ:MSTR) last posted 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 Ratings Changes

MSTR has been the subject of several analyst reports. TD Cowen raised their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Mizuho initiated coverage on shares of MicroStrategy in a report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price objective for the company. Barclays cut their price objective on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a report on Monday. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 price objective on shares of MicroStrategy in a report on Thursday, December 12th. Finally, Benchmark reissued a “buy” rating and issued a $650.00 price target on shares of MicroStrategy in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, MicroStrategy has an average rating of “Moderate Buy” and an average price target of $536.90.

Insider Activity

In other news, Director Stephen X. Graham sold 20,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $451.36, for a total transaction 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 9.16% of the company’s stock.

MicroStrategy Company 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.