Strategy Incorporated (NASDAQ:MSTR) Shares Bought by Centaurus Financial Inc.

Centaurus Financial Inc. grew its stake in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 146.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,998 shares of the software maker's stock after acquiring an additional 2,966 shares during the quarter. Centaurus Financial Inc.'s holdings in Strategy were worth $1,448,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Riverview Trust Co acquired a new stake in shares of Strategy during the 4th quarter worth about $25,000. IAG Wealth Partners LLC acquired a new position in Strategy in the 4th quarter valued at about $25,000. Quadrant Capital Group LLC grew its position in Strategy by 855.6% in the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock valued at $25,000 after acquiring an additional 77 shares in the last quarter. Dunhill Financial LLC acquired a new position in Strategy in the 4th quarter valued at about $26,000. Finally, Parkside Financial Bank & Trust increased its stake in shares of Strategy by 422.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after buying an additional 76 shares during the period. 59.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MSTR has been the topic of a number of recent research reports. BTIG Research restated a "buy" rating on shares of Strategy in a research note on Wednesday, May 14th. Barclays reaffirmed a "hold" rating on shares of Strategy in a report on Monday, May 19th. Keefe, Bruyette & Woods assumed coverage on Strategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price objective for the company. Canaccord Genuity Group reissued a "buy" rating on shares of Strategy in a report on Monday, May 19th. Finally, HC Wainwright initiated coverage on Strategy in a report on Tuesday, April 29th. They issued a "buy" rating and a $480.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $514.42.

Strategy Price Performance

Shares of MSTR traded up $6.38 during trading hours on Thursday, reaching $370.63. 10,172,094 shares of the company traded hands, compared to its average volume of 18,161,635. 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 stock has a market capitalization of $101.33 billion, a PE ratio of -65.80 and a beta of 3.79. Strategy Incorporated has a fifty-two week low of $102.40 and a fifty-two week high of $543.00. The stock has a fifty day simple moving average of $347.85 and a 200 day simple moving average of $342.36.

Strategy (NASDAQ:MSTR - Get Free Report) last posted 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). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%. The company had revenue of $111.07 million for the quarter, compared to analyst estimates of $116.66 million. During the same period in the previous year, the business earned ($0.83) EPS. The firm's revenue was down 3.6% on a year-over-year basis.

Insiders Place Their Bets

In related news, Director Jarrod M. Patten bought 10,000 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The shares were acquired at an average cost of $101.38 per share, for a total transaction of $1,013,800.00. Following the acquisition, the director now owns 10,000 shares in the company, valued at $1,013,800. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Andrew Kang bought 1,500 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average price of $85.00 per share, for a total transaction of $127,500.00. Following the completion of the acquisition, the chief financial officer now owns 1,500 shares in the company, valued at approximately $127,500. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 18,000 shares of company stock valued at $1,693,800 and have sold 47,486 shares valued at $16,456,090. 9.16% of the stock is owned by corporate insiders.

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.