Quantinno Capital Management LP Boosts Holdings in Strategy Incorporated (NASDAQ:MSTR)

Quantinno Capital Management LP boosted its position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 117.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,642 shares of the software maker's stock after acquiring an additional 1,968 shares during the period. Quantinno Capital Management LP's holdings in Strategy were worth $1,055,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Proficio Capital Partners LLC purchased a new stake in Strategy during the fourth quarter valued at approximately $81,783,000. Clarity Capital Partners LLC lifted its position in Strategy by 122.3% during the fourth quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker's stock valued at $7,274,000 after acquiring an additional 13,817 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Strategy by 14.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock valued at $220,626,000 after acquiring an additional 97,515 shares during the last quarter. Chung Wu Investment Group LLC purchased a new stake in Strategy during the fourth quarter valued at approximately $850,000. Finally, Crew Capital Management Ltd. purchased a new stake in Strategy during the fourth quarter valued at approximately $333,000. Hedge funds and other institutional investors own 59.84% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. BTIG Research reaffirmed a "buy" rating on shares of Strategy in a report on Wednesday, May 14th. Monness Crespi & Hardt cut shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target for the company. in a report on Tuesday, April 1st. HC Wainwright assumed coverage on shares of Strategy in a report on Tuesday, April 29th. They issued a "buy" rating and a $480.00 price target for the company. Keefe, Bruyette & Woods assumed coverage on shares of Strategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price target for the company. Finally, Cantor Fitzgerald reaffirmed a "hold" rating on shares of Strategy in a report on Monday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $514.42.

Strategy Trading Down 0.8%

Shares of Strategy stock opened at $399.46 on Friday. 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 price of $341.51 and a 200 day moving average price of $339.06. Strategy Incorporated has a 1 year low of $102.40 and a 1 year high of $543.00. The stock has a market cap of $109.21 billion, a PE ratio of -70.91 and a beta of 3.79.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its earnings results 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 return on equity of 19.01% and a negative net margin of 251.73%. The business had revenue of $111.07 million for the quarter, compared to analysts' expectations of $116.66 million. During the same period last year, the business earned ($0.83) EPS. The company's revenue for the quarter was down 3.6% on a year-over-year basis.

Insider Buying and Selling

In other news, CFO Andrew Kang purchased 1,500 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The shares were bought 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 owns 1,500 shares in the company, valued at $127,500. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Wei-Ming Shao purchased 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 $42,500.00. Following the transaction, the executive vice president now owns 500 shares of the company's stock, valued at $42,500. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 8,000 shares of company stock valued at $680,000 and sold 46,836 shares valued at $16,214,791. 9.16% of the stock is currently owned by corporate insiders.

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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