Blue Sky Capital Consultants Group Inc. Acquires New Position in Strategy Incorporated (NASDAQ:MSTR)

Blue Sky Capital Consultants Group Inc. bought a new position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,683 shares of the software maker's stock, valued at approximately $2,225,000. Strategy comprises 1.3% of Blue Sky Capital Consultants Group Inc.'s portfolio, making the stock its 22nd biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. 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. Riverview Trust Co purchased a new position in Strategy during the fourth quarter worth about $25,000. IAG Wealth Partners LLC acquired a new stake in Strategy in the 4th quarter worth about $25,000. Dunhill Financial LLC purchased a new stake in Strategy in the 4th quarter valued at about $26,000. Finally, Safe Harbor Fiduciary LLC increased 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 valued at $27,000 after acquiring an additional 82 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Strategy Stock Performance

NASDAQ:MSTR opened at $369.51 on Friday. The firm has a 50-day moving average of $343.24 and a two-hundred day moving average of $340.03. 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 stock has a market cap of $101.03 billion, a P/E ratio of -65.60 and a beta of 3.79. Strategy Incorporated has a 1-year low of $102.40 and a 1-year high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The software maker reported ($16.49) EPS 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 business had revenue of $111.07 million during the quarter, compared to analysts' expectations of $116.66 million. During the same period in the prior year, the company posted ($0.83) EPS. The company's revenue for the quarter was down 3.6% on a year-over-year basis.

Insider Activity at Strategy

In other news, EVP Wei-Ming Shao acquired 500 shares of the stock in a transaction that occurred on 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 in the company, valued at $42,500. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Phong Le acquired 6,000 shares of the business's stock in a transaction on Thursday, March 20th. The shares were purchased at an average price of $85.00 per share, for a total transaction of $510,000.00. Following the purchase, the chief executive officer now directly owns 6,000 shares of the company's stock, valued at $510,000. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 8,000 shares of company stock valued at $680,000 and have sold 46,836 shares valued at $16,214,791. 9.16% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

MSTR has been the topic of several research analyst reports. Mizuho started coverage on shares of Strategy in a research report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 target price on the stock. 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. Maxim Group upped their price objective on Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Compass Point raised Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Finally, Canaccord Genuity Group reissued a "buy" rating on shares of Strategy in a research report on Monday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $514.42.

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.

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