Dimensional Fund Advisors LP Has $29.71 Million Stake in MicroStrategy Incorporated (MSTR)

Dimensional Fund Advisors LP lifted its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 16.2% in the third quarter, HoldingsChannel.com reports. The fund owned 232,627 shares of the software maker’s stock after purchasing an additional 32,375 shares during the quarter. Dimensional Fund Advisors LP’s holdings in MicroStrategy were worth $29,709,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Amalgamated Bank lifted its holdings in MicroStrategy by 3.2% during the 2nd quarter. Amalgamated Bank now owns 1,308 shares of the software maker’s stock valued at $251,000 after purchasing an additional 40 shares during the last quarter. M&T Bank Corp lifted its holdings in MicroStrategy by 2.6% during the 2nd quarter. M&T Bank Corp now owns 4,303 shares of the software maker’s stock valued at $826,000 after purchasing an additional 108 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in MicroStrategy by 6.2% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 3,079 shares of the software maker’s stock valued at $590,000 after purchasing an additional 179 shares during the last quarter. Flinton Capital Management LLC lifted its holdings in MicroStrategy by 83.3% during the 2nd quarter. Flinton Capital Management LLC now owns 528 shares of the software maker’s stock valued at $101,000 after purchasing an additional 240 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in MicroStrategy by 0.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 40,411 shares of the software maker’s stock valued at $7,746,000 after purchasing an additional 356 shares during the last quarter. 74.28% of the stock is owned by institutional investors.

MicroStrategy Incorporated (NASDAQ MSTR) opened at $139.60 on Thursday. The stock has a market cap of $1,583.23, a PE ratio of 21.51 and a beta of 0.66. MicroStrategy Incorporated has a 1-year low of $122.90 and a 1-year high of $205.96.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings data on Thursday, October 26th. The software maker reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.56. The firm had revenue of $125.20 million during the quarter, compared to analysts’ expectations of $125.78 million. MicroStrategy had a net margin of 14.81% and a return on equity of 12.90%. The company’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.90 EPS. equities analysts anticipate that MicroStrategy Incorporated will post 4.54 EPS for the current year.

Several equities analysts recently issued reports on MSTR shares. Citigroup reissued a “hold” rating and set a $133.00 price target (down from $191.00) on shares of MicroStrategy in a report on Thursday, September 21st. Zacks Investment Research raised shares of MicroStrategy from a “strong sell” rating to a “hold” rating in a report on Friday, September 29th. Mizuho cut their price target on shares of MicroStrategy from $220.00 to $200.00 and set a “buy” rating for the company in a report on Friday, October 27th. Finally, BidaskClub downgraded shares of MicroStrategy from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. MicroStrategy presently has a consensus rating of “Hold” and an average target price of $155.75.

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MicroStrategy Company Profile

MicroStrategy Incorporated is a provider of enterprise software platforms around the world. The Company is engaged in the design, development, marketing and sales of its software platform through licensing arrangements, and cloud-based subscriptions and related services. It focuses on providing enterprise customers with software platform and services for deploying intelligence applications.

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Institutional Ownership by Quarter for MicroStrategy (NASDAQ:MSTR)

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