Menta Capital LLC reduced its holdings in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 17.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 4,778 shares of the software maker’s stock after selling 1,000 shares during the period. Menta Capital LLC’s holdings in MicroStrategy were worth $610,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp lifted its stake in shares of MicroStrategy by 2.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 119,719 shares of the software maker’s stock valued at $15,294,000 after acquiring an additional 2,938 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of MicroStrategy by 154.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 55,778 shares of the software maker’s stock valued at $7,843,000 after acquiring an additional 33,856 shares during the last quarter. Stone Ridge Asset Management LLC lifted its stake in shares of MicroStrategy by 59.4% in the 3rd quarter. Stone Ridge Asset Management LLC now owns 3,922 shares of the software maker’s stock valued at $552,000 after acquiring an additional 1,461 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of MicroStrategy by 36.8% in the 3rd quarter. Bessemer Group Inc. now owns 9,300 shares of the software maker’s stock valued at $1,308,000 after acquiring an additional 2,500 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of MicroStrategy by 16.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 558,587 shares of the software maker’s stock valued at $78,549,000 after acquiring an additional 78,253 shares during the last quarter. 67.43% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently weighed in on MSTR shares. Zacks Investment Research lowered MicroStrategy from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 28th. BidaskClub raised MicroStrategy from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 25th. BWS Financial started coverage on MicroStrategy in a research note on Monday, February 11th. They issued a “buy” rating and a $200.00 target price for the company. Finally, ValuEngine raised MicroStrategy from a “hold” rating to a “buy” rating in a research note on Tuesday, February 12th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $180.00.

NASDAQ MSTR opened at $148.33 on Friday. The stock has a market capitalization of $1.52 billion, a PE ratio of 87.25 and a beta of 0.55. MicroStrategy Incorporated has a 1-year low of $115.50 and a 1-year high of $151.23.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Tuesday, January 29th. The software maker reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.85). The business had revenue of $131.92 million for the quarter, compared to the consensus estimate of $136.42 million. MicroStrategy had a net margin of 4.52% and a return on equity of 3.23%. On average, analysts expect that MicroStrategy Incorporated will post 1.99 earnings per share for the current year.

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About MicroStrategy

MicroStrategy Incorporated provides enterprise analytics and mobility software platforms worldwide. It offers MicroStrategy Consulting that provides customers with assessment, advisory, architecture, and deployment services to guide their customers in defining, developing, and delivering business analytics solutions for their enterprises across various industries; and MicroStrategy Education, which consists of classroom-based courses, instructor-led courses, recorded courses, self-paced e-learning modules, customer on-site training, and enterprise E-Courseware options for large organizations in various languages.

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Institutional Ownership by Quarter for MicroStrategy (NASDAQ:MSTR)

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