Bokf Na Makes New $782,000 Investment in Strategy Incorporated (NASDAQ:MSTR)

Bokf Na bought a new stake in Strategy Incorporated (NASDAQ:MSTR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,700 shares of the software maker's stock, valued at approximately $782,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MSTR. Riverview Trust Co bought a new stake in Strategy in the fourth quarter valued at about $25,000. IAG Wealth Partners LLC bought a new stake in Strategy in the fourth quarter valued at $25,000. Quadrant Capital Group LLC raised its stake in 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 in the last quarter. 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 purchasing an additional 76 shares in the last quarter. Finally, Aspect Partners LLC bought a new stake in shares of Strategy in the 4th quarter worth about $28,000. 59.84% of the stock is owned by institutional investors.

Strategy Trading Up 0.4 %

Shares of NASDAQ MSTR opened at $415.93 on Friday. Strategy Incorporated has a fifty-two week low of $102.40 and a fifty-two week high of $543.00. The firm has a market capitalization of $107.04 billion, a P/E ratio of -73.84 and a beta of 3.79. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The company's 50 day simple moving average is $318.40 and its 200 day simple moving average is $328.50.

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

Analysts Set New Price Targets

MSTR has been the topic of several research analyst reports. Canaccord Genuity Group upped their price objective on shares of Strategy from $409.00 to $464.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Maxim Group raised their price target on Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Cantor Fitzgerald reduced their price objective on Strategy from $619.00 to $614.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Monness Crespi & Hardt lowered Strategy from a "neutral" rating to a "sell" rating and set a $220.00 target price for the company. in a research note on Tuesday, April 1st. Finally, Keefe, Bruyette & Woods began coverage on shares of Strategy in a research report on Friday, February 7th. They set an "outperform" rating and a $560.00 price target on the stock. 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's stock. According to MarketBeat.com, Strategy has an average rating of "Moderate Buy" and a consensus price target of $514.42.

Insiders Place Their Bets

In other news, EVP Wei-Ming Shao acquired 500 shares of Strategy stock in a transaction that occurred on Thursday, March 20th. The shares were acquired at an average price of $85.00 per share, with a total value of $42,500.00. Following the purchase, the executive vice president now directly owns 500 shares of the company's stock, valued at $42,500. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jarrod M. Patten sold 1,100 shares of the company's stock in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $395.00, for a total transaction of $434,500.00. Following the completion of the sale, the director now directly owns 9,170 shares of the company's stock, valued at $3,622,150. The trade was a 10.71 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 40,098 shares worth $13,432,270. Company 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.

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