8,082 Shares in Strategy Incorporated (NASDAQ:MSTR) Acquired by Ewing Morris & Co. Investment Partners Ltd.

Ewing Morris & Co. Investment Partners Ltd. purchased a new stake in Strategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 8,082 shares of the software maker's stock, valued at approximately $2,341,000.

Other large investors have also made changes to their positions in the company. Riverview Trust Co bought a new position in shares of Strategy during the fourth quarter worth about $25,000. IAG Wealth Partners LLC bought a new position in shares of Strategy during the 4th quarter worth approximately $25,000. Quadrant Capital Group LLC raised its holdings in shares of Strategy by 855.6% in the fourth 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 during the last quarter. Dunhill Financial LLC bought a new stake in shares of Strategy in the fourth quarter worth $26,000. Finally, Parkside Financial Bank & Trust lifted its position in shares of Strategy by 422.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Institutional investors own 59.84% of the company's stock.

Strategy Stock Performance

Strategy stock traded up $1.55 during trading hours on Friday, hitting $415.93. The company had a trading volume of 17,117,928 shares, compared to its average volume of 18,107,323. Strategy Incorporated has a one year low of $102.40 and a one year high of $543.00. The firm has a market cap of $107.04 billion, a PE ratio of -73.84 and a beta of 3.79. The firm has a 50-day moving average of $318.40 and a 200 day moving average of $329.30. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65.

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

Insider Activity at Strategy

In other Strategy news, Director Jarrod M. Patten sold 1,100 shares of the firm's stock in a transaction on Wednesday, May 7th. The stock was sold at an average price of $395.00, for a total transaction of $434,500.00. Following the transaction, the director now owns 9,170 shares in the company, valued at $3,622,150. This trade represents a 10.71 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Andrew Kang acquired 1,500 shares of the company's stock in a transaction on Thursday, March 20th. The stock was bought at an average cost of $85.00 per share, with a total value of $127,500.00. Following the completion of the acquisition, the chief financial officer now directly owns 1,500 shares in the company, valued at approximately $127,500. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 8,000 shares of company stock worth $680,000 and have sold 40,098 shares worth $13,432,270. 9.16% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on MSTR shares. Cantor Fitzgerald cut their price target on shares of Strategy from $619.00 to $614.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Benchmark reiterated a "buy" rating and set a $650.00 target price on shares of Strategy in a report on Tuesday, January 14th. Barclays raised their price target on Strategy from $421.00 to $475.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Monness Crespi & Hardt cut Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective on the stock. in a research note on Tuesday, April 1st. Finally, Maxim Group raised their target price on shares of Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Strategy presently has a consensus rating of "Moderate Buy" and a consensus price target of $514.42.

Strategy 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.