MRP Capital Investments LLC Trims Stock Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

MRP Capital Investments LLC lowered its position in MicroStrategy Incorporated (NASDAQ:MSTR) by 30.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,050 shares of the software maker’s stock after selling 450 shares during the quarter. MRP Capital Investments LLC’s holdings in MicroStrategy were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSTR. Geode Capital Management LLC lifted its stake in MicroStrategy by 990.6% in the third quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock valued at $465,573,000 after buying an additional 2,512,645 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of MicroStrategy by 971.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker’s stock valued at $107,855,000 after purchasing an additional 579,994 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of MicroStrategy by 587.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 664,261 shares of the software maker’s stock valued at $111,994,000 after purchasing an additional 567,628 shares during the period. Amundi increased its holdings in shares of MicroStrategy by 262.8% in the fourth quarter. Amundi now owns 570,217 shares of the software maker’s stock valued at $165,146,000 after purchasing an additional 413,028 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in shares of MicroStrategy in the fourth quarter valued at approximately $81,783,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

MicroStrategy Stock Down 0.7 %

MSTR opened at $302.07 on Friday. The business’s fifty day moving average is $317.59 and its two-hundred day moving average is $285.50. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The company has a market cap of $77.74 billion, a price-to-earnings ratio of -53.63 and a beta of 3.36. MicroStrategy Incorporated has a one year low of $101.00 and a one year high of $543.00.

MicroStrategy (NASDAQ:MSTR) last posted its earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Analyst Ratings Changes

A number of research firms have recently issued reports on MSTR. Canaccord Genuity Group dropped their target price on MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Sanford C. Bernstein reissued an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a report on Thursday, December 12th. Monness Crespi & Hardt began coverage on MicroStrategy in a report on Wednesday. They issued a “neutral” rating on the stock. Benchmark reissued a “buy” rating and issued a $650.00 target price on shares of MicroStrategy in a report on Tuesday, January 14th. Finally, Barclays dropped their price objective on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $536.90.

MicroStrategy Profile

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.