Vestia Personal Wealth Advisors Makes New $483,000 Investment in MicroStrategy Incorporated (NASDAQ:MSTR)

Vestia Personal Wealth Advisors acquired a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 1,666 shares of the software maker’s stock, valued at approximately $483,000.

Other large investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in shares of MicroStrategy by 990.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock valued at $465,573,000 after purchasing an additional 2,512,645 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of MicroStrategy by 587.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker’s stock valued at $111,994,000 after purchasing an additional 567,628 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of MicroStrategy by 971.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker’s stock valued at $107,855,000 after purchasing an additional 579,994 shares in the last quarter. Swiss National Bank increased its holdings in shares of MicroStrategy by 904.7% in the 3rd quarter. Swiss National Bank now owns 468,200 shares of the software maker’s stock valued at $78,939,000 after purchasing an additional 421,600 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in MicroStrategy by 1,077.0% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 343,164 shares of the software maker’s stock valued at $57,857,000 after acquiring an additional 314,007 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Insider Activity at MicroStrategy

In other news, CEO Phong Le sold 1,252 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $322.45, for a total transaction of $403,707.40. Following the transaction, the chief executive officer now directly owns 13,918 shares of the company’s stock, valued at approximately $4,487,859.10. The trade was a 8.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephen X. Graham sold 20,000 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $451.36, for a total transaction of $9,027,200.00. Following the transaction, the director now directly owns 6,970 shares in the company, valued at approximately $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. Over the last quarter, insiders have sold 40,050 shares of company stock worth $16,314,110. Company insiders own 9.16% of the company’s stock.

MicroStrategy Trading Up 0.4 %

Shares of MSTR stock opened at $348.31 on Wednesday. The firm has a market cap of $83.47 billion, a P/E ratio of -165.31 and a beta of 3.25. MicroStrategy Incorporated has a 1-year low of $46.75 and a 1-year high of $543.00. 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 firm’s 50-day simple moving average is $358.58 and its 200-day simple moving average is $253.42.

Analysts Set New Price Targets

A number of equities research analysts recently commented on MSTR shares. Compass Point raised shares of MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. Sanford C. Bernstein reissued an “outperform” rating and issued a $600.00 price objective on shares of MicroStrategy in a research note on Thursday, December 12th. BTIG Research increased their price objective on shares of MicroStrategy from $290.00 to $570.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Benchmark reissued a “buy” rating and issued a $650.00 price objective on shares of MicroStrategy in a research note on Tuesday, January 14th. Finally, TD Cowen increased their price objective on shares of MicroStrategy from $392.00 to $525.00 and gave the company a “buy” rating in a research note on Monday, November 25th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, MicroStrategy currently has a consensus rating of “Moderate Buy” and an average price target of $483.22.

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.