2,026 Shares in Strategy Incorporated (NASDAQ:MSTR) Acquired by IronOak Wealth LLC.

IronOak Wealth LLC. purchased a new stake in Strategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,026 shares of the software maker's stock, valued at approximately $587,000.

Several other hedge funds and other institutional investors also recently modified their holdings of MSTR. Riverview Trust Co bought a new position in shares of Strategy in the 4th quarter valued at $25,000. IAG Wealth Partners LLC bought a new position in shares of Strategy in the 4th quarter valued at $25,000. Quadrant Capital Group LLC increased its stake in shares of 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 purchasing an additional 77 shares during the last quarter. Dunhill Financial LLC bought a new position in shares of Strategy in the 4th quarter valued at $26,000. Finally, Parkside Financial Bank & Trust increased its stake in shares of Strategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock valued at $27,000 after purchasing an additional 76 shares during the last quarter. Institutional investors own 59.84% of the company's stock.

Insider Activity

In other news, EVP Wei-Ming Shao purchased 500 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The shares were acquired at an average cost of $85.00 per share, with a total value of $42,500.00. Following the purchase, the executive vice president now 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 this hyperlink. Also, CAO Jeanine Montgomery sold 481 shares of the company's stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $329.27, for a total value of $158,378.87. Following the transaction, the chief accounting officer now directly owns 7,805 shares in the company, valued at approximately $2,569,952.35. This trade represents a 5.80% decrease in their ownership of the stock. The disclosure for this sale 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 company insiders.

Strategy Trading Down 1.6%

MSTR traded down $5.84 during midday trading on Friday, hitting $364.79. 12,537,663 shares of the company were exchanged, compared to its average volume of 18,136,704. The firm has a market capitalization of $99.73 billion, a P/E ratio of -64.76 and a beta of 3.79. Strategy Incorporated has a 1-year low of $102.40 and a 1-year high of $543.00. The firm's 50 day moving average price is $348.31 and its 200-day moving average price is $342.52. 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 (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 analysts' consensus estimates of ($0.02) by ($16.47). The business had revenue of $111.07 million during the quarter, compared to analyst estimates of $116.66 million. Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%. The firm's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.83) earnings per share.

Analysts Set New Price Targets

MSTR has been the topic of several recent research reports. HC Wainwright initiated coverage on Strategy in a report on Tuesday, April 29th. They set a "buy" rating and a $480.00 price objective on the stock. BTIG Research reissued a "buy" rating on shares of Strategy in a report on Wednesday, May 14th. Keefe, Bruyette & Woods initiated coverage on Strategy in a report on Friday, February 7th. They set an "outperform" rating and a $560.00 price objective on the stock. Canaccord Genuity Group reissued a "buy" rating on shares of Strategy in a report on Monday, May 19th. Finally, Monness Crespi & Hardt downgraded Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective on the stock. in a report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.