Park Square Financial Group LLC Makes New $698,000 Investment in Strategy Incorporated (NASDAQ:MSTR)

Park Square Financial Group LLC purchased a new position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,409 shares of the software maker's stock, valued at approximately $698,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System lifted its stake 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 acquiring an additional 30 shares during the last quarter. Family Management Corp lifted its stake in shares of Strategy by 2.2% in the 4th 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 during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in shares of Strategy by 3.2% in the 4th 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 last quarter. Oder Investment Management LLC lifted its stake 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 valued at $367,000 after acquiring an additional 38 shares during the last quarter. Finally, WR Wealth Planners LLC lifted its stake in shares of Strategy by 22.6% in the 4th quarter. WR Wealth Planners LLC now owns 260 shares of the software maker's stock valued at $75,000 after acquiring an additional 48 shares during the last quarter. Institutional investors own 59.84% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MSTR. Cantor Fitzgerald restated a "hold" rating on shares of Strategy in a report on Monday, May 19th. Monness Crespi & Hardt downgraded Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target on the stock. in a report on Tuesday, April 1st. Maxim Group boosted their price target on Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Compass Point upgraded Strategy to a "strong-buy" rating in a report on Wednesday, January 29th. Finally, HC Wainwright began coverage on Strategy in a report on Tuesday, April 29th. They set a "buy" rating and a $480.00 price target on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $514.42.

Insider Activity at Strategy

In other Strategy news, CEO Phong Le acquired 6,000 shares of the 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 $510,000.00. Following the transaction, the chief executive officer now owns 6,000 shares of the company's stock, valued at $510,000. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Wei-Ming Shao acquired 500 shares of the stock in a transaction that occurred on Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the transaction, the executive vice president now directly owns 500 shares in the company, valued at $42,500. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, 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 currently owned by insiders.

Strategy Stock Up 1.8%

Shares of MSTR traded up $6.38 during mid-day trading on Thursday, reaching $370.63. The company had a trading volume of 10,163,196 shares, compared to its average volume of 18,118,350. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The firm has a 50-day moving average price of $347.15 and a 200 day moving average price of $342.15. Strategy Incorporated has a 52 week low of $102.40 and a 52 week high of $543.00. The company has a market capitalization of $101.33 billion, a price-to-earnings ratio of -65.80 and a beta of 3.79.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly 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 return on equity of 19.01% and a negative net margin of 251.73%. The company had revenue of $111.07 million during the quarter, compared to the consensus estimate of $116.66 million. During the same period in the prior year, the firm earned ($0.83) earnings per share. The business's revenue for the quarter was down 3.6% compared to the same quarter last year.

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.