Strategy Incorporated (NASDAQ:MSTR) Shares Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC lifted its stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 38.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,359 shares of the software maker's stock after buying an additional 929 shares during the quarter. EP Wealth Advisors LLC's holdings in Strategy were worth $973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Riverview Trust Co purchased a new stake in shares of Strategy during the fourth quarter valued at approximately $25,000. IAG Wealth Partners LLC purchased a new stake in Strategy in the fourth quarter worth approximately $25,000. Quadrant Capital Group LLC raised its position 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 acquiring an additional 77 shares during the period. Parkside Financial Bank & Trust raised its position in Strategy by 422.2% in 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 approximately $28,000. Hedge funds and other institutional investors own 59.84% of the company's stock.

Strategy Stock Up 4.1%

Strategy stock traded up $16.71 during mid-day trading on Tuesday, hitting $421.61. The company had a trading volume of 12,844,951 shares, compared to its average volume of 18,079,036. The stock has a market cap of $115.27 billion, a price-to-earnings ratio of -74.85 and a beta of 3.79. Strategy Incorporated has a 1 year low of $102.40 and a 1 year high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The business has a fifty day moving average of $320.33 and a 200 day moving average of $331.14.

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

Insider Buying and Selling at Strategy

In other news, CEO Phong Le acquired 6,000 shares of the firm's stock in a transaction dated Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, with a total value of $510,000.00. Following the completion of the acquisition, the chief executive officer now owns 6,000 shares of the company's stock, valued at $510,000. 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 accessible through this hyperlink. Also, EVP Wei-Ming Shao acquired 500 shares of the firm's stock in a transaction dated Thursday, March 20th. The stock was purchased at an average cost of $85.00 per share, with a total value of $42,500.00. Following the completion of the acquisition, the executive vice president now directly owns 500 shares of the company's stock, valued at approximately $42,500. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 41,198 shares worth $13,901,970. 9.16% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MSTR. Keefe, Bruyette & Woods started coverage on shares of Strategy in a research report on Friday, February 7th. They set an "outperform" rating and a $560.00 price objective on the stock. Benchmark reissued a "buy" rating and issued a $650.00 price objective on shares of Strategy in a research note on Tuesday, January 14th. Mizuho initiated coverage on shares of Strategy in a research note on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price objective for the company. Compass Point raised shares of Strategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Finally, Canaccord Genuity Group raised their target price on shares of Strategy from $409.00 to $464.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, ten have given 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 target price of $514.42.

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.