Lindbrook Capital LLC Has $156,000 Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Lindbrook Capital LLC boosted its holdings in MicroStrategy Incorporated (NASDAQ:MSTR) by 44.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 539 shares of the software maker’s stock after acquiring an additional 165 shares during the quarter. Lindbrook Capital LLC’s holdings in MicroStrategy were worth $156,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MSTR. US Bancorp DE lifted its holdings in MicroStrategy by 782.8% in the third quarter. US Bancorp DE now owns 4,255 shares of the software maker’s stock valued at $717,000 after buying an additional 3,773 shares during the period. Janney Montgomery Scott LLC lifted its holdings in MicroStrategy by 848.8% in the third quarter. Janney Montgomery Scott LLC now owns 37,005 shares of the software maker’s stock valued at $6,239,000 after buying an additional 33,105 shares during the period. Asset Management One Co. Ltd. lifted its holdings in MicroStrategy by 895.6% in the third quarter. Asset Management One Co. Ltd. now owns 56,282 shares of the software maker’s stock valued at $9,489,000 after buying an additional 50,629 shares during the period. QRG Capital Management Inc. acquired a new position in MicroStrategy in the third quarter valued at approximately $295,000. Finally, Amalgamated Bank lifted its holdings in MicroStrategy by 862.3% in the third quarter. Amalgamated Bank now owns 8,372 shares of the software maker’s stock valued at $1,412,000 after buying an additional 7,502 shares during the period. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on MSTR. Maxim Group increased their price objective on shares of MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Canaccord Genuity Group lowered their target price on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Benchmark reaffirmed a “buy” rating and issued a $650.00 target price on shares of MicroStrategy in a research note on Tuesday, January 14th. Compass Point raised shares of MicroStrategy to a “strong-buy” rating in a research note on Wednesday, January 29th. Finally, BTIG Research upped their target price 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. 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 has an average rating of “Moderate Buy” and a consensus target price of $536.90.

MicroStrategy Stock Down 5.6 %

Shares of MSTR stock opened at $287.18 on Friday. The firm has a fifty day moving average of $326.42 and a 200-day moving average of $275.67. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. MicroStrategy Incorporated has a 12-month low of $101.00 and a 12-month high of $543.00. The company has a market capitalization of $73.91 billion, a price-to-earnings ratio of -50.98 and a beta of 3.25.

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

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.