Baird Financial Group Inc. Has $2.09 Million Position in Strategy Incorporated (NASDAQ:MSTR)

Baird Financial Group Inc. boosted its holdings in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 182.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,199 shares of the software maker's stock after purchasing an additional 4,654 shares during the quarter. Baird Financial Group Inc.'s holdings in Strategy were worth $2,085,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MSTR. Riverview Trust Co acquired a new stake in shares of Strategy during the fourth quarter worth $25,000. IAG Wealth Partners LLC bought a new stake in Strategy during the 4th quarter valued at approximately $25,000. Quadrant Capital Group LLC raised 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 acquiring an additional 77 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Strategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after buying an additional 76 shares in the last quarter. Finally, Aspect Partners LLC acquired a new stake in Strategy during the 4th quarter valued at $28,000. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Strategy Stock Performance

Shares of Strategy stock traded down $11.13 during trading on Monday, reaching $404.90. The company's stock had a trading volume of 16,180,301 shares, compared to its average volume of 18,099,882. 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 firm has a market cap of $110.70 billion, a PE ratio of -71.88 and a beta of 3.79. The company has a 50-day moving average price of $320.33 and a two-hundred day moving average price of $331.14. Strategy Incorporated has a fifty-two week low of $102.40 and a fifty-two week high of $543.00.

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

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Maxim Group lifted their target price on Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. HC Wainwright started coverage on Strategy in a report on Tuesday, April 29th. They issued a "buy" rating and a $480.00 target price on the stock. Mizuho assumed coverage on Strategy in a research note on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target for the company. Canaccord Genuity Group increased their price target on Strategy from $409.00 to $464.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Finally, Monness Crespi & Hardt downgraded Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target for the company. in a research note on Tuesday, April 1st. One analyst has rated the stock with a sell rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $514.42.

Insider Transactions at Strategy

In other Strategy news, Director Leslie J. Rechan sold 15,000 shares of Strategy stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the transaction, the director now owns 4,970 shares of the company's stock, valued at $1,669,423. The trade was a 75.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Wei-Ming Shao bought 500 shares of the stock in a transaction on Thursday, March 20th. The shares were acquired at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the purchase, the executive vice president now owns 500 shares in the company, valued at approximately $42,500. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 40,098 shares valued at $13,432,270. Corporate insiders own 9.16% of the company's stock.

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.