Dimensional Fund Advisors LP grew its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 1.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 252,604 shares of the software maker’s stock after purchasing an additional 4,752 shares during the period. Dimensional Fund Advisors LP owned approximately 2.20% of MicroStrategy worth $32,583,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Stone Ridge Asset Management LLC purchased a new stake in shares of MicroStrategy during the 4th quarter worth approximately $257,000. Xact Kapitalforvaltning AB purchased a new stake in shares of MicroStrategy during the 4th quarter worth approximately $261,000. Ellington Management Group LLC purchased a new stake in shares of MicroStrategy during the 4th quarter worth approximately $315,000. Virtu Financial LLC purchased a new stake in shares of MicroStrategy during the 4th quarter worth approximately $324,000. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of MicroStrategy during the 1st quarter worth approximately $346,000. 73.53% of the stock is currently owned by institutional investors and hedge funds.
In related news, Director Robert H. Epstein sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 9th. The stock was sold at an average price of $130.90, for a total value of $392,700.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert H. Epstein sold 900 shares of the company’s stock in a transaction that occurred on Friday, May 18th. The shares were sold at an average price of $131.17, for a total value of $118,053.00. Following the completion of the sale, the director now directly owns 900 shares in the company, valued at approximately $118,053. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,400 shares of company stock worth $1,877,188. 23.15% of the stock is owned by corporate insiders.
MSTR stock opened at $134.05 on Friday. MicroStrategy Incorporated has a 1 year low of $122.16 and a 1 year high of $196.35. The company has a market capitalization of $1.51 billion, a P/E ratio of 24.67 and a beta of 0.69.
MicroStrategy (NASDAQ:MSTR) last posted its earnings results on Thursday, April 26th. The software maker reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.29). MicroStrategy had a net margin of 0.88% and a return on equity of 8.06%. The company had revenue of $123.00 million during the quarter, compared to analysts’ expectations of $120.74 million. During the same period in the previous year, the company posted $1.28 EPS. MicroStrategy’s quarterly revenue was up .7% compared to the same quarter last year. equities analysts forecast that MicroStrategy Incorporated will post 1.11 earnings per share for the current year.
MSTR has been the topic of several research analyst reports. Zacks Investment Research lowered MicroStrategy from a “buy” rating to a “hold” rating in a research note on Wednesday, April 18th. ValuEngine lowered MicroStrategy from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. BidaskClub raised MicroStrategy from a “sell” rating to a “hold” rating in a research note on Wednesday, May 30th. Finally, Mizuho reissued a “buy” rating and set a $200.00 price target on shares of MicroStrategy in a research note on Sunday, April 22nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $153.20.
MicroStrategy Company Profile
MicroStrategy Incorporated provides enterprise software platforms worldwide. It offers MicroStrategy Analytics platform that delivers reports and dashboards, and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management for various reporting, analysis, and monitoring applications; MicroStrategy Web, a primary reporting interface for analysts that offers interactive reporting, dashboarding, and analysis through a Web browser; and MicroStrategy Desktop, an on-premise and single-user tool for easy-to-use self-service visual data discovery.
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