Discipline Wealth Solutions LLC Invests $297,000 in Strategy Incorporated (NASDAQ:MSTR)

Discipline Wealth Solutions LLC purchased a new position in Strategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,027 shares of the software maker's stock, valued at approximately $297,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quadrant Capital Group LLC increased its holdings in Strategy by 855.6% in the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after buying an additional 77 shares during the period. Riverview Trust Co acquired a new position in Strategy in the 4th quarter worth approximately $25,000. IAG Wealth Partners LLC acquired a new stake in shares of Strategy during the 4th quarter worth approximately $25,000. Dunhill Financial LLC acquired a new stake in shares of Strategy during the 4th quarter worth approximately $26,000. Finally, Safe Harbor Fiduciary LLC grew its stake in shares of Strategy by 820.0% during the 4th quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker's stock worth $27,000 after purchasing an additional 82 shares during the period. Institutional investors and hedge funds own 59.84% of the company's stock.

Insider Transactions at Strategy

In other news, CFO Andrew Kang sold 5,638 shares of the business's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $410.22, for a total transaction of $2,312,820.36. Following the completion of the transaction, the chief financial officer now directly owns 22,077 shares of the company's stock, valued at approximately $9,056,426.94. The trade was a 20.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Jeanine Montgomery sold 481 shares of the company's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $329.27, for a total value of $158,378.87. Following the completion of the transaction, the chief accounting officer now directly owns 7,805 shares of the company's stock, valued at $2,569,952.35. This trade represents a 5.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 46,836 shares valued at $16,214,791. Corporate insiders own 9.16% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on MSTR shares. Canaccord Genuity Group reaffirmed a "buy" rating on shares of Strategy in a research note on Monday, May 19th. Barclays reaffirmed a "hold" rating on shares of Strategy in a research note on Monday, May 19th. Cantor Fitzgerald reaffirmed a "hold" rating on shares of Strategy in a research note on Monday, May 19th. Keefe, Bruyette & Woods started coverage on shares of Strategy in a research note on Friday, February 7th. They set an "outperform" rating and a $560.00 price objective on the stock. Finally, Compass Point raised shares of Strategy to a "strong-buy" rating in a research note on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $514.42.

Strategy Price Performance

MSTR stock traded down $7.95 during midday trading on Wednesday, reaching $364.25. The stock had a trading volume of 9,835,472 shares, compared to its average volume of 18,120,454. The company's fifty day simple moving average is $345.94 and its 200 day simple moving average is $342.00. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The company has a market cap of $99.59 billion, a price-to-earnings ratio of -64.66 and a beta of 3.79. Strategy Incorporated has a 52-week low of $102.40 and a 52-week high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last announced 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). The firm 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 company's revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.83) EPS.

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.