1,222 Shares in Strategy Incorporated (NASDAQ:MSTR) Purchased by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC bought a new position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,222 shares of the software maker's stock, valued at approximately $354,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Riverview Trust Co acquired a new stake in Strategy during the fourth quarter worth approximately $25,000. IAG Wealth Partners LLC purchased a new position in shares of Strategy during the 4th quarter worth $25,000. Quadrant Capital Group LLC boosted its holdings in shares of 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 purchasing an additional 77 shares during the last quarter. Dunhill Financial LLC purchased a new stake in shares of Strategy in the fourth quarter valued at $26,000. Finally, Parkside Financial Bank & Trust increased its stake in Strategy by 422.2% in the fourth 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 during the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on MSTR. Maxim Group lifted 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. Canaccord Genuity Group restated a "buy" rating on shares of Strategy in a report on Monday, May 19th. UBS Group reaffirmed a "buy" rating on shares of Strategy in a research report on Friday, May 16th. Monness Crespi & Hardt lowered shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target on the stock. in a report on Tuesday, April 1st. Finally, Cantor Fitzgerald reiterated a "hold" rating on shares of Strategy in a report on Monday, May 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $514.42.

Strategy Stock Up 0.9%

Shares of Strategy stock traded up $3.38 during midday trading on Monday, reaching $372.44. 5,541,617 shares of the company's stock traded hands, compared to its average volume of 18,086,379. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. Strategy Incorporated has a 52 week low of $102.40 and a 52 week high of $543.00. The company's 50 day simple moving average is $348.31 and its 200 day simple moving average is $342.62. The company has a market cap of $101.83 billion, a price-to-earnings ratio of -66.21 and a beta of 3.79.

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

Insider Transactions at Strategy

In other news, EVP Wei-Ming Shao acquired 500 shares of the firm's stock in a transaction dated Thursday, March 20th. The shares were bought at an average price of $85.00 per share, with a total value of $42,500.00. Following the acquisition, the executive vice president now owns 500 shares of the company's stock, valued at $42,500. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Andrew Kang bought 1,500 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, with a total value of $127,500.00. Following the completion of the purchase, the chief financial officer now directly owns 1,500 shares of the company's stock, valued at $127,500. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 18,000 shares of company stock worth $1,693,800 and have sold 47,486 shares worth $16,456,090. 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.