Banque Transatlantique SA Invests $53.25 Million in Strategy Incorporated (NASDAQ:MSTR)

Banque Transatlantique SA bought a new stake in Strategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 183,869 shares of the software maker's stock, valued at approximately $53,252,000. Strategy accounts for approximately 1.3% of Banque Transatlantique SA's investment portfolio, making the stock its 22nd biggest holding. Banque Transatlantique SA owned 0.08% of Strategy as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in MSTR. Quadrant Capital Group LLC increased its position in shares of Strategy by 855.6% during the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after acquiring an additional 77 shares during the period. Riverview Trust Co purchased a new stake in Strategy during the 4th quarter worth about $25,000. IAG Wealth Partners LLC acquired a new stake in Strategy in the 4th quarter valued at about $25,000. Parkside Financial Bank & Trust boosted its stake 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 valued at $27,000 after buying an additional 76 shares during the period. Finally, Aspect Partners LLC acquired a new position in shares of Strategy during the fourth quarter worth about $28,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Strategy news, CAO Jeanine Montgomery sold 481 shares of the business's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $329.27, for a total transaction of $158,378.87. Following the sale, the chief accounting officer now directly owns 7,805 shares in the company, valued at approximately $2,569,952.35. The trade was a 5.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jarrod M. Patten sold 3,100 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at $1,815,690.10. This trade represents a 38.41 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders bought 8,000 shares of company stock worth $680,000 and sold 37,798 shares worth $12,535,866. 9.16% of the stock is owned by insiders.

Analysts Set New Price Targets

MSTR has been the subject of several analyst reports. Barclays boosted their price target on shares of Strategy from $421.00 to $475.00 and gave the stock an "overweight" rating in a report on Monday. HC Wainwright assumed coverage on Strategy in a report on Tuesday, April 29th. They issued a "buy" rating and a $480.00 target price on the stock. Maxim Group lifted their price target on Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Keefe, Bruyette & Woods began coverage on Strategy in a research report on Friday, February 7th. They set an "outperform" rating and a $560.00 price objective for the company. Finally, Mizuho began coverage on Strategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 target price for the company. One research analyst has rated the stock with a sell rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $514.42.

Strategy Stock Performance

NASDAQ MSTR traded down $0.67 during trading on Tuesday, reaching $385.86. The company's stock had a trading volume of 9,411,527 shares, compared to its average volume of 18,007,795. Strategy Incorporated has a twelve month low of $102.40 and a twelve month high of $543.00. The firm has a market cap of $99.30 billion, a price-to-earnings ratio of -68.50 and a beta of 3.79. The business's fifty day moving average price is $306.66 and its 200-day moving average price is $324.92. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data 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). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%. The company had revenue of $111.07 million for the quarter, compared to analyst estimates of $116.66 million. During the same period in the previous year, the business posted ($0.83) earnings per share. The firm's revenue was down 3.6% compared to the same quarter last year.

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.