Fiduciary Alliance LLC Increases Position in Strategy Incorporated (NASDAQ:MSTR)

Fiduciary Alliance LLC raised its stake in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 12.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,981 shares of the software maker's stock after buying an additional 3,967 shares during the period. Strategy comprises about 1.0% of Fiduciary Alliance LLC's investment portfolio, making the stock its 23rd biggest position. Fiduciary Alliance LLC's holdings in Strategy were worth $10,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Maryland State Retirement & Pension System lifted its position in Strategy by 0.3% in the 4th quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock worth $2,604,000 after buying an additional 30 shares during the last quarter. Family Management Corp raised its stake in shares of Strategy by 2.2% during the fourth quarter. Family Management Corp now owns 1,370 shares of the software maker's stock worth $397,000 after acquiring an additional 30 shares in the last quarter. GPS Wealth Strategies Group LLC raised its stake in shares of Strategy by 3.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock worth $324,000 after acquiring an additional 35 shares in the last quarter. Oder Investment Management LLC lifted its holdings in shares of Strategy by 3.1% in the 4th quarter. Oder Investment Management LLC now owns 1,268 shares of the software maker's stock worth $367,000 after acquiring an additional 38 shares during the last quarter. Finally, Rothschild Investment LLC boosted its stake in shares of Strategy by 2.3% in the 1st quarter. Rothschild Investment LLC now owns 2,049 shares of the software maker's stock valued at $591,000 after purchasing an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.

Insider Activity at Strategy

In other news, EVP Wei-Ming Shao bought 500 shares of the firm's stock in a transaction dated Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, with a total value of $42,500.00. Following the transaction, the executive vice president now owns 500 shares of the company's stock, valued at approximately $42,500. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Andrew Kang purchased 1,500 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The shares were purchased at an average price of $85.00 per share, for a total transaction of $127,500.00. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 18,000 shares of company stock worth $1,693,800 and have sold 57,036 shares worth $19,957,882. 9.16% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on MSTR. UBS Group reiterated a "buy" rating on shares of Strategy in a research report on Friday, May 16th. BTIG Research reiterated a "buy" rating on shares of Strategy in a report on Wednesday, May 14th. Keefe, Bruyette & Woods started coverage on Strategy in a research note on Friday, February 7th. They issued an "outperform" rating and a $560.00 target price for the company. Monness Crespi & Hardt cut Strategy from a "neutral" rating to a "sell" rating and set a $220.00 target price for the company. in a report on Tuesday, April 1st. Finally, HC Wainwright assumed coverage on Strategy in a research report on Tuesday, April 29th. They set a "buy" rating and a $480.00 price target on the stock. 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, Strategy currently has a consensus rating of "Moderate Buy" and an average target price of $514.42.

Strategy Trading Up 4.1%

MSTR traded up $15.16 during midday trading on Tuesday, reaching $387.43. 11,310,236 shares of the company's stock traded hands, compared to its average volume of 18,069,627. Strategy Incorporated has a 52 week low of $102.40 and a 52 week high of $543.00. 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 firm has a fifty day moving average of $349.17 and a two-hundred day moving average of $342.84. The stock has a market capitalization of $105.92 billion, a price-to-earnings ratio of -68.78 and a beta of 3.79.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its 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 for the quarter, compared to the consensus estimate of $116.66 million. During the same quarter in the prior year, the company earned ($0.83) EPS. Strategy's revenue was down 3.6% compared to the same quarter last year.

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.