Rothschild Investment LLC Trims Stock Holdings in MicroStrategy Incorporated (NASDAQ:MSTR)

Rothschild Investment LLC lowered its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 42.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,003 shares of the software maker’s stock after selling 1,499 shares during the period. Rothschild Investment LLC’s holdings in MicroStrategy were worth $580,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC grew its holdings in shares of MicroStrategy by 3.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker’s stock worth $324,000 after buying an additional 35 shares in the last quarter. Versant Capital Management Inc boosted its position in MicroStrategy by 38.2% during the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock worth $41,000 after acquiring an additional 39 shares during the last quarter. Masso Torrence Wealth Management Inc. grew its stake in MicroStrategy by 1.8% in the 4th quarter. Masso Torrence Wealth Management Inc. now owns 3,055 shares of the software maker’s stock worth $885,000 after acquiring an additional 55 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in MicroStrategy by 3.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,083 shares of the software maker’s stock worth $603,000 after acquiring an additional 65 shares during the period. Finally, Means Investment CO. Inc. raised its holdings in MicroStrategy by 2.2% in the 4th quarter. Means Investment CO. Inc. now owns 3,159 shares of the software maker’s stock valued at $915,000 after acquiring an additional 67 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on MSTR. TD Cowen raised their price objective on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. BTIG Research raised their price target on MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Compass Point upgraded shares of MicroStrategy to a “strong-buy” rating in a report on Wednesday, January 29th. Sanford C. Bernstein reissued an “outperform” rating and issued a $600.00 target price on shares of MicroStrategy in a research report on Thursday, December 12th. Finally, Barclays dropped their price target on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, MicroStrategy presently has an average rating of “Moderate Buy” and an average price target of $536.90.

MicroStrategy Price Performance

MicroStrategy stock opened at $282.76 on Tuesday. The firm has a fifty day moving average of $339.79 and a 200-day moving average of $270.04. MicroStrategy Incorporated has a 52-week low of $68.79 and a 52-week high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $67.76 billion, a P/E ratio of -50.20 and a beta of 3.25.

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

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.