Focus Partners Wealth Grows Stock Holdings in Strategy Incorporated (NASDAQ:MSTR)

Focus Partners Wealth boosted its holdings in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 35.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,592 shares of the software maker's stock after purchasing an additional 942 shares during the period. Focus Partners Wealth's holdings in Strategy were worth $1,051,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSTR. Maryland State Retirement & Pension System lifted its holdings in shares of Strategy by 0.3% in the 4th quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock valued at $2,604,000 after buying an additional 30 shares during the period. Family Management Corp raised its position in Strategy by 2.2% during the fourth quarter. Family Management Corp now owns 1,370 shares of the software maker's stock valued at $397,000 after acquiring an additional 30 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in Strategy by 3.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock valued at $324,000 after acquiring an additional 35 shares during the period. Oder Investment Management LLC boosted its position in 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 purchasing an additional 38 shares in the last quarter. Finally, WR Wealth Planners LLC increased its holdings in shares of Strategy by 22.6% during the 4th quarter. WR Wealth Planners LLC now owns 260 shares of the software maker's stock valued at $75,000 after purchasing an additional 48 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Wei-Ming Shao bought 500 shares of the company's stock in a transaction on Thursday, March 20th. The stock was bought at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Phong Le bought 6,000 shares of the business's stock in a transaction on Thursday, March 20th. The stock was bought at an average cost of $85.00 per share, with a total value of $510,000.00. Following the completion of the purchase, the chief executive officer now directly owns 6,000 shares in the company, valued at approximately $510,000. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 8,000 shares of company stock worth $680,000 and sold 41,198 shares worth $13,901,970. Company insiders own 9.16% of the company's stock.

Strategy Price Performance

Strategy stock opened at $399.80 on Friday. The company has a fifty day simple moving average of $331.21 and a 200-day simple moving average of $334.92. The firm has a market capitalization of $109.31 billion, a price-to-earnings ratio of -70.97 and a beta of 3.79. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. Strategy Incorporated has a 52-week low of $102.40 and a 52-week high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last announced 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). 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 analysts' expectations of $116.66 million. During the same period in the prior year, the company posted ($0.83) EPS. The firm's revenue was down 3.6% on a year-over-year basis.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MSTR. Mizuho started coverage on shares of Strategy in a report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target on the stock. Maxim Group raised their target price on Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. Keefe, Bruyette & Woods assumed coverage on Strategy in a research note on Friday, February 7th. They issued an "outperform" rating and a $560.00 price target for the company. BTIG Research reiterated a "buy" rating on shares of Strategy in a research report on Wednesday. Finally, Canaccord Genuity Group raised their price objective on Strategy from $409.00 to $464.00 and gave the company a "buy" rating in a report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $514.42.

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.

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