Bayesian Capital Management LP Acquires Shares of 4,297 Strategy Incorporated (NASDAQ:MSTR)

Bayesian Capital Management LP bought a new position in Strategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 4,297 shares of the software maker's stock, valued at approximately $1,244,000.

A number of other institutional investors have also made changes to their positions in MSTR. Quadrant Capital Group LLC boosted its holdings in Strategy by 855.6% in the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after purchasing an additional 77 shares during the period. Riverview Trust Co acquired a new position in shares of Strategy in the 4th quarter valued at about $25,000. IAG Wealth Partners LLC bought a new stake in shares of Strategy during the 4th quarter valued at about $25,000. Parkside Financial Bank & Trust raised its stake in Strategy by 422.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after acquiring an additional 76 shares during the period. Finally, Aspect Partners LLC bought a new position in Strategy in the fourth quarter worth about $28,000. 59.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Strategy news, Director Jarrod M. Patten sold 3,100 shares of the company's stock in a transaction on Friday, April 25th. The stock was sold at an average price of $365.33, for a total value of $1,132,523.00. Following the transaction, the director now owns 4,970 shares of the company's stock, valued at approximately $1,815,690.10. This represents a 38.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Wei-Ming Shao sold 10,000 shares of the firm's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $315.00, for a total value of $3,150,000.00. Following the sale, the executive vice president now directly owns 10,597 shares of the company's stock, valued at approximately $3,338,055. This represents a 48.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In 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. Insiders own 9.16% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on MSTR. Keefe, Bruyette & Woods started coverage on Strategy in a report on Friday, February 7th. They set an "outperform" rating and a $560.00 target price for the company. HC Wainwright assumed coverage on Strategy in a research report on Tuesday, April 29th. They issued a "buy" rating and a $480.00 target price on the stock. Maxim Group boosted their price target on shares of Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a report 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 objective on the stock. in a report on Tuesday, April 1st. Finally, Barclays reduced their target price on shares of Strategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. One 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $510.33.

Strategy Stock Up 3.3 %

Shares of MSTR stock opened at $394.37 on Monday. Strategy Incorporated has a 1 year low of $102.40 and a 1 year high of $543.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The business's fifty day moving average is $304.20 and its 200-day moving average is $323.72. The stock has a market cap of $101.49 billion, a PE ratio of -70.01 and a beta of 3.79.

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 return on equity of 19.01% and a negative net margin of 251.73%. The firm 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 firm earned ($0.83) earnings per share. Strategy's revenue was down 3.6% on a year-over-year basis.

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.

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