Bison Wealth LLC Purchases 5,143 Shares of Strategy Incorporated (NASDAQ:MSTR)

Bison Wealth LLC increased its position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 188.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,872 shares of the software maker's stock after buying an additional 5,143 shares during the period. Bison Wealth LLC's holdings in Strategy were worth $2,280,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Garden State Investment Advisory Services LLC increased its position in Strategy by 1,005.0% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 2,630 shares of the software maker's stock valued at $443,000 after purchasing an additional 2,392 shares during the period. Virtu Financial LLC increased its holdings in Strategy by 10,398.4% during the third quarter. Virtu Financial LLC now owns 224,245 shares of the software maker's stock valued at $37,808,000 after buying an additional 222,109 shares during the period. Peapack Gladstone Financial Corp raised its stake in Strategy by 900.0% in the third quarter. Peapack Gladstone Financial Corp now owns 2,350 shares of the software maker's stock worth $396,000 after buying an additional 2,115 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Strategy by 3.3% during the third quarter. Franklin Resources Inc. now owns 4,248 shares of the software maker's stock worth $716,000 after buying an additional 135 shares during the period. Finally, Beaird Harris Wealth Management LLC boosted its position in Strategy by 1,105.2% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 4,640 shares of the software maker's stock valued at $782,000 after acquiring an additional 4,255 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors.

Strategy Stock Performance

NASDAQ MSTR opened at $381.45 on Wednesday. The stock has a market capitalization of $98.17 billion, a price-to-earnings ratio of -67.72 and a beta of 3.46. Strategy Incorporated has a twelve month low of $101.00 and a twelve month high of $543.00. The stock has a 50-day moving average of $297.73 and a 200 day moving average of $318.89. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39.

Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Cantor Fitzgerald upped 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. Canaccord Genuity Group decreased their price target on shares of Strategy from $510.00 to $409.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Keefe, Bruyette & Woods assumed coverage on shares of Strategy in a research report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price objective on the stock. Compass Point raised shares of Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Finally, Monness Crespi & Hardt lowered Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective for the company. in a report on Tuesday, April 1st. One equities research 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. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $505.75.

Insider Transactions at Strategy

In related news, Director Jarrod M. Patten sold 3,100 shares of Strategy stock in a transaction dated 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 sale, the director now directly owns 4,970 shares in the company, valued at approximately $1,815,690.10. The trade was a 38.41 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Wei-Ming Shao sold 10,000 shares of the business's stock in a transaction that occurred 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 owns 10,597 shares of the company's stock, valued at approximately $3,338,055. This trade represents a 48.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 37,798 shares valued at $12,535,866. Corporate insiders own 9.16% of the company's stock.

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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