Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,991 shares of the software maker’s stock, valued at approximately $254,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Swiss National Bank increased its position in shares of MicroStrategy by 3.1% during the first quarter. Swiss National Bank now owns 16,400 shares of the software maker’s stock worth $2,115,000 after buying an additional 500 shares during the period. Rhumbline Advisers increased its position in shares of MicroStrategy by 2.2% during the first quarter. Rhumbline Advisers now owns 24,089 shares of the software maker’s stock worth $3,107,000 after buying an additional 520 shares during the period. California Public Employees Retirement System increased its position in shares of MicroStrategy by 2.7% during the first quarter. California Public Employees Retirement System now owns 27,811 shares of the software maker’s stock worth $3,587,000 after buying an additional 744 shares during the period. Royal Bank of Canada increased its position in shares of MicroStrategy by 525.3% during the first quarter. Royal Bank of Canada now owns 1,238 shares of the software maker’s stock worth $160,000 after buying an additional 1,040 shares during the period. Finally, Xact Kapitalforvaltning AB increased its position in shares of MicroStrategy by 60.4% during the second quarter. Xact Kapitalforvaltning AB now owns 3,186 shares of the software maker’s stock worth $407,000 after buying an additional 1,200 shares during the period. Institutional investors own 74.93% of the company’s stock.

NASDAQ:MSTR opened at $144.54 on Friday. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 26.74 and a beta of 0.67. MicroStrategy Incorporated has a 12 month low of $122.16 and a 12 month high of $150.08.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings results on Thursday, July 26th. The software maker reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.27. The business had revenue of $120.60 million during the quarter, compared to analysts’ expectations of $122.06 million. MicroStrategy had a negative net margin of 0.35% and a positive return on equity of 6.93%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the company posted $0.96 earnings per share. equities analysts predict that MicroStrategy Incorporated will post 1.42 EPS for the current fiscal year.

Several equities research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of MicroStrategy from a “hold” rating to a “strong-buy” rating and set a $152.00 price objective for the company in a research report on Friday, August 3rd. ValuEngine upgraded shares of MicroStrategy from a “sell” rating to a “hold” rating in a research report on Tuesday, July 31st. Finally, BidaskClub cut shares of MicroStrategy from a “hold” rating to a “sell” rating in a report on Tuesday, June 12th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $158.75.

MicroStrategy 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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Institutional Ownership by Quarter for MicroStrategy (NASDAQ:MSTR)

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