1,390 Shares in MicroStrategy Incorporated (NASDAQ:MSTR) Purchased by Everence Capital Management Inc.

Everence Capital Management Inc. purchased a new position in shares of MicroStrategy Incorporated (NASDAQ:MSTR) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,390 shares of the software maker’s stock, valued at approximately $206,000.

A number of other large investors have also added to or reduced their stakes in the stock. Parametric Portfolio Associates LLC increased its position in MicroStrategy by 0.5% during the second quarter. Parametric Portfolio Associates LLC now owns 20,229 shares of the software maker’s stock worth $2,899,000 after acquiring an additional 94 shares during the period. Oregon Public Employees Retirement Fund increased its position in MicroStrategy by 3.1% during the second quarter. Oregon Public Employees Retirement Fund now owns 3,353 shares of the software maker’s stock worth $481,000 after acquiring an additional 100 shares during the period. JBF Capital Inc. increased its position in MicroStrategy by 5.0% during the second quarter. JBF Capital Inc. now owns 2,100 shares of the software maker’s stock worth $301,000 after acquiring an additional 100 shares during the period. Keybank National Association OH increased its position in MicroStrategy by 1.7% during the second quarter. Keybank National Association OH now owns 7,534 shares of the software maker’s stock worth $1,080,000 after acquiring an additional 125 shares during the period. Finally, Private Advisors LLC increased its position in MicroStrategy by 2.6% during the second quarter. Private Advisors LLC now owns 7,950 shares of the software maker’s stock worth $1,139,000 after acquiring an additional 200 shares during the period. 76.42% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Leslie J. Rechan acquired 1,900 shares of MicroStrategy stock in a transaction on Thursday, August 1st. The shares were purchased at an average cost of $136.98 per share, for a total transaction of $260,262.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 26.88% of the company’s stock.

MicroStrategy stock traded up $0.99 during trading hours on Wednesday, reaching $144.95. 1,563 shares of the stock were exchanged, compared to its average volume of 113,171. The company has a market cap of $1.50 billion, a P/E ratio of 85.23 and a beta of 0.64. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.22. MicroStrategy Incorporated has a twelve month low of $115.50 and a twelve month high of $153.46. The stock has a 50 day moving average of $144.32 and a two-hundred day moving average of $139.72.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data on Tuesday, July 30th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.19). The firm had revenue of $117.74 million for the quarter, compared to analyst estimates of $120.63 million. MicroStrategy had a return on equity of 0.67% and a net margin of 5.85%. The company’s quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.13 earnings per share. On average, analysts expect that MicroStrategy Incorporated will post 0.53 earnings per share for the current fiscal year.

MSTR has been the topic of a number of recent research reports. BidaskClub raised shares of MicroStrategy from a “hold” rating to a “buy” rating in a research report on Friday, September 13th. ValuEngine downgraded shares of MicroStrategy from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Zacks Investment Research upgraded shares of MicroStrategy from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

MicroStrategy Company Profile

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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