Northstar Financial Companies Inc. Acquires New Position in Strategy Incorporated (NASDAQ:MSTR)

Northstar Financial Companies Inc. bought a new position in Strategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 750 shares of the software maker's stock, valued at approximately $217,000.

Other institutional investors have also recently modified their holdings of the company. Maryland State Retirement & Pension System grew its stake in shares of Strategy by 0.3% in the fourth quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock worth $2,604,000 after acquiring an additional 30 shares during the period. Family Management Corp increased its holdings in Strategy by 2.2% in the 4th 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 position in shares of Strategy by 3.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock valued at $324,000 after purchasing an additional 35 shares during the period. Oder Investment Management LLC raised its holdings in Strategy by 3.1% during the fourth quarter. Oder Investment Management LLC now owns 1,268 shares of the software maker's stock valued at $367,000 after acquiring an additional 38 shares during the period. Finally, WR Wealth Planners LLC raised its stake in 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 during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Wei-Ming Shao bought 500 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was bought at an average price of $85.00 per share, with a total value of $42,500.00. Following the completion of the transaction, the executive vice president now directly owns 500 shares of the company's stock, valued at approximately $42,500. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Leslie J. Rechan sold 15,000 shares of Strategy stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the completion of the transaction, the director now directly owns 4,970 shares in the company, valued at $1,669,423. This represents a 75.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 18,000 shares of company stock worth $1,693,800 and have sold 47,486 shares worth $16,456,090. Company insiders own 9.16% of the company's stock.

Strategy Trading Down 1.6%

MSTR stock traded down $5.84 during mid-day trading on Friday, reaching $364.79. The company had a trading volume of 12,534,656 shares, compared to its average volume of 18,139,340. Strategy Incorporated has a 12 month low of $102.40 and a 12 month high of $543.00. The company has a market capitalization of $99.73 billion, a PE ratio of -64.76 and a beta of 3.79. The firm has a 50 day moving average of $347.85 and a 200 day moving average of $342.36. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The software maker reported ($16.49) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($16.47). The business had revenue of $111.07 million during the quarter, compared to analysts' expectations of $116.66 million. Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%. Strategy's revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the previous year, the company posted ($0.83) EPS.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. HC Wainwright assumed coverage on Strategy in a research report on Tuesday, April 29th. They issued a "buy" rating and a $480.00 target price on the stock. Cantor Fitzgerald restated a "hold" rating on shares of Strategy in a research report on Monday, May 19th. Maxim Group lifted their price target on Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th. UBS Group reissued a "buy" rating on shares of Strategy in a research note on Friday, May 16th. Finally, Barclays restated a "hold" rating on shares of Strategy in a research report on Monday, May 19th. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Strategy presently has a consensus rating of "Moderate Buy" and an average 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.