MicroStrategy Incorporated (NASDAQ:MSTR) Position Raised by Financial Sense Advisors Inc.

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Financial Sense Advisors Inc. raised its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 274.7% during the 3rd quarter, with the fund owning 23,604 shares after purchasing an additional 17,304 shares. Other institutional investors, such as Vanguard Group Inc. and Citigroup Inc., have also added or reduced their stakes in the company. MicroStrategy’s insiders recently sold 64,700 company shares. The company’s stock performance has seen ups and downs recently, reaching $494.50 during trading hours.

MicroStrategy’s recent earnings results showed a negative EPS of ($8.98) for the quarter, missing analysts’ estimates of $0.74. The company had a return on equity of 28.10% and a net margin of 17.91%. The company’s quarterly revenue was $129.46 million, up 3.3% compared to the same quarter last year. The company has seen several analyst ratings, including a buy rating from Canaccord Genuity Group.

MicroStrategy Incorporated is a software maker known for its enterprise analytics software and services. The company provides MicroStrategy, an enterprise analytics software platform, and MicroStrategy Cloud Environment, a managed software-as-a-service solution. The company’s stock has an average rating of “Moderate Buy” and an average price target of $607.75.

If you’re interested in MicroStrategy, remember to check the latest 13F filings and insider trades for the company on HoldingsChannel.com. Keep in mind MarketBeat’s analysis when considering financial reports, and pay close attention to what top-rated analysts are recommending.



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