MicroStrategy Incorporated (NASDAQ:MSTR) Stock Position Raised by Amundi

Amundi grew its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 262.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 570,217 shares of the software maker’s stock after purchasing an additional 413,028 shares during the period. Amundi owned about 0.24% of MicroStrategy worth $165,146,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of MSTR. Riverview Trust Co purchased a new stake in MicroStrategy during the fourth quarter valued at about $25,000. Parkside Financial Bank & Trust raised its holdings in shares of MicroStrategy by 422.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock valued at $27,000 after acquiring an additional 76 shares during the period. Aspect Partners LLC purchased a new stake in shares of MicroStrategy in the 4th quarter valued at approximately $28,000. Private Wealth Management Group LLC grew its position in MicroStrategy by 208.8% during the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock worth $30,000 after purchasing an additional 71 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new position in MicroStrategy during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

MicroStrategy Stock Down 5.6 %

Shares of MSTR stock opened at $287.18 on Monday. The stock’s 50 day simple moving average is $325.57 and its 200 day simple moving average is $278.68. MicroStrategy Incorporated has a twelve month low of $101.00 and a twelve month high of $543.00. 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 capitalization of $73.91 billion, a price-to-earnings ratio of -50.98 and a beta of 3.36.

MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share 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%.

Wall Street Analysts Forecast Growth

MSTR has been the subject of several recent analyst reports. Canaccord Genuity Group decreased their target price on MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Barclays lowered their target price on MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. TD Cowen increased their price target on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Maxim Group boosted their target price on MicroStrategy from $480.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Finally, Mizuho initiated coverage on MicroStrategy in a research note on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target for the company. One investment analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, MicroStrategy currently has a consensus rating of “Moderate Buy” and a consensus target price of $536.90.

About MicroStrategy

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.