Armis Advisers LLC Purchases New Position in Strategy Incorporated (NASDAQ:MSTR)

Armis Advisers LLC bought a new stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,588 shares of the software maker's stock, valued at approximately $460,000.

Several other institutional investors and hedge funds have also made changes to their positions in MSTR. Crossmark Global Holdings Inc. acquired a new stake in shares of Strategy during the 4th quarter valued at approximately $351,000. Atomi Financial Group Inc. acquired a new stake in Strategy in the fourth quarter worth $308,000. Mutual Advisors LLC acquired a new stake in Strategy in the fourth quarter worth $247,000. Cyndeo Wealth Partners LLC acquired a new stake in Strategy in the fourth quarter worth $827,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in Strategy in the fourth quarter worth $454,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have weighed in on MSTR. Cantor Fitzgerald reaffirmed a "hold" rating on shares of Strategy in a research report on Monday, May 19th. Canaccord Genuity Group reaffirmed a "buy" rating on shares of Strategy in a research report on Monday, May 19th. Compass Point raised Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Keefe, Bruyette & Woods started coverage on Strategy in a report on Friday, February 7th. They set an "outperform" rating and a $560.00 price target on the stock. Finally, UBS Group reissued a "buy" rating on shares of Strategy in a report on Friday, May 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Strategy currently has an average rating of "Moderate Buy" and an average target price of $514.42.

Insider Buying and Selling

In related news, EVP Wei-Ming Shao purchased 500 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the acquisition, the executive vice president now owns 500 shares in the company, valued at $42,500. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Andrew Kang purchased 1,500 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average price of $85.00 per share, with a total value of $127,500.00. Following the completion of the acquisition, the chief financial officer now owns 1,500 shares of the company's stock, valued at $127,500. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 8,000 shares of company stock worth $680,000 and sold 46,836 shares worth $16,214,791. 9.16% of the stock is currently owned by corporate insiders.

Strategy Trading Up 0.7%

Shares of NASDAQ:MSTR traded up $2.69 during mid-day trading on Tuesday, hitting $372.20. The stock had a trading volume of 14,073,910 shares, compared to its average volume of 18,153,678. Strategy Incorporated has a 12-month low of $102.40 and a 12-month high of $543.00. The company has a market cap of $101.76 billion, a PE ratio of -66.07 and a beta of 3.79. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The company's 50 day moving average is $344.54 and its 200-day moving average is $341.79.

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

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.