Dynamic Advisor Solutions LLC bought a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 438 shares of the software maker’s stock, valued at approximately $297,000.
Several other hedge funds have also bought and sold shares of MSTR. Veriti Management LLC acquired a new position in MicroStrategy in the 4th quarter valued at $27,000. Parallel Advisors LLC grew its holdings in MicroStrategy by 102.7% in the 4th quarter. Parallel Advisors LLC now owns 75 shares of the software maker’s stock valued at $29,000 after buying an additional 38 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new position in MicroStrategy in the 1st quarter valued at $34,000. Captrust Financial Advisors grew its holdings in MicroStrategy by 20.0% in the 4th quarter. Captrust Financial Advisors now owns 90 shares of the software maker’s stock valued at $35,000 after buying an additional 15 shares in the last quarter. Finally, Signaturefd LLC grew its holdings in MicroStrategy by 257.7% in the 4th quarter. Signaturefd LLC now owns 93 shares of the software maker’s stock valued at $36,000 after buying an additional 67 shares in the last quarter. 69.81% of the stock is currently owned by institutional investors and hedge funds.
Shares of MSTR stock opened at $635.62 on Tuesday. MicroStrategy Incorporated has a twelve month low of $109.64 and a twelve month high of $1,315.00. The company has a market cap of $6.09 billion, a P/E ratio of 5,296.83 and a beta of 1.59. The business has a fifty day simple moving average of $688.97 and a 200 day simple moving average of $522.32.
In related news, Director Stephen X. Graham sold 750 shares of the company’s stock in a transaction on Thursday, March 11th. The stock was sold at an average price of $775.00, for a total transaction of $581,250.00. Following the completion of the sale, the director now directly owns 950 shares in the company, valued at approximately $736,250. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jarrod M. Patten sold 1,150 shares of the company’s stock in a transaction on Wednesday, February 24th. The stock was sold at an average price of $803.61, for a total value of $924,151.50. Following the sale, the director now owns 1,150 shares of the company’s stock, valued at $924,151.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,560 shares of company stock valued at $26,827,826. 26.88% of the stock is owned by corporate insiders.
MicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy 2021, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users via hyperintelligence products, visualization and reporting capabilities, mobility features, and custom applications developed on the platform; analysts and data scientists with seamless access to trusted, governed data directly within their tools; and APIs and gateways, multiple deployment options, enterprise semantic graph, scalability, and security.
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