1,484 Shares in Strategy Incorporated (NASDAQ:MSTR) Bought by Bulltick Wealth Management LLC

Bulltick Wealth Management LLC bought a new stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,484 shares of the software maker's stock, valued at approximately $430,000.

A number of other hedge funds also recently bought and sold shares of the business. Riverview Trust Co purchased a new position in Strategy in the 4th quarter valued at about $25,000. IAG Wealth Partners LLC acquired a new position in Strategy in the 4th quarter valued at $25,000. Quadrant Capital Group LLC lifted its holdings in Strategy by 855.6% in the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock valued at $25,000 after purchasing an additional 77 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Strategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Finally, Aspect Partners LLC purchased a new stake in shares of Strategy during the fourth quarter worth $28,000. Hedge funds and other institutional investors own 59.84% of the company's stock.

Strategy Price Performance

Shares of MSTR opened at $394.37 on Monday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The stock's 50 day moving average is $304.20 and its two-hundred day moving average is $323.72. Strategy Incorporated has a twelve month low of $102.40 and a twelve month high of $543.00. The firm has a market capitalization of $101.49 billion, a PE ratio of -70.01 and a beta of 3.79.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The software maker reported ($16.49) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($16.47). The company had revenue of $111.07 million for the quarter, compared to analyst estimates of $116.66 million. Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%. The business's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period last year, the company earned ($0.83) earnings per share.

Insider Buying and Selling

In other Strategy news, Director Jarrod M. Patten sold 3,100 shares of the business's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $365.33, for a total transaction of $1,132,523.00. Following the completion of the sale, the director now owns 4,970 shares in the company, valued at $1,815,690.10. The trade was a 38.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Jeanine Montgomery sold 481 shares of the company's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $329.27, for a total value of $158,378.87. Following the transaction, the chief accounting officer now owns 7,805 shares of the company's stock, valued at approximately $2,569,952.35. The trade was a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 8,000 shares of company stock worth $680,000 and have sold 37,798 shares worth $12,535,866. 9.16% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Cantor Fitzgerald boosted their price objective on Strategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Monness Crespi & Hardt cut shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target for the company. in a research report on Tuesday, April 1st. Benchmark restated a "buy" rating and set a $650.00 price target on shares of Strategy in a research report on Tuesday, January 14th. Maxim Group lifted their price objective on shares of Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods began coverage on Strategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 target price for the company. One investment analyst has rated the stock with a sell rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $510.33.

Strategy Company Profile

Strategy Incorporated, formerly known as MicroStrategy, provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers Strategy ONE, a platform that allows non-technical users to access novel and actionable insights for decision-making, and Strategy Cloud for Government, which provides always-on threat monitoring designed to meet the strict technical and regulatory standards of governments and financial institutions.

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