Siemens Fonds Invest GmbH Acquires 117,967 Shares of Strategy Incorporated (NASDAQ:MSTR)

Siemens Fonds Invest GmbH boosted its position in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 6,992.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 119,654 shares of the software maker's stock after purchasing an additional 117,967 shares during the period. Siemens Fonds Invest GmbH's holdings in Strategy were worth $33,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. BridgePort Financial Solutions LLC bought a new stake in Strategy in the 4th quarter valued at about $675,000. Park Square Financial Group LLC bought a new stake in shares of Strategy in the fourth quarter valued at approximately $698,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Strategy during the 4th quarter valued at approximately $16,772,000. Chelsea Counsel Co. bought a new position in Strategy in the 4th quarter worth approximately $58,000. Finally, Discipline Wealth Solutions LLC bought a new position in shares of Strategy in the fourth quarter worth $297,000. 59.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on MSTR shares. HC Wainwright began coverage on Strategy in a research report on Tuesday, April 29th. They set a "buy" rating and a $480.00 price target on the stock. Cantor Fitzgerald restated a "hold" rating on shares of Strategy in a research report on Monday, May 19th. Canaccord Genuity Group reiterated a "buy" rating on shares of Strategy in a research report on Monday, May 19th. UBS Group reissued a "buy" rating on shares of Strategy in a research note on Friday, May 16th. Finally, BTIG Research restated a "buy" rating on shares of Strategy in a research report on Wednesday, May 14th. 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 assigned a strong buy rating to the company. According to data from MarketBeat.com, Strategy presently has a consensus rating of "Moderate Buy" and a consensus target price of $514.42.

Strategy Stock Up 0.9%

MSTR traded up $3.38 during midday trading on Monday, reaching $372.44. The company's stock had a trading volume of 5,541,617 shares, compared to its average volume of 18,086,379. Strategy Incorporated has a 1 year low of $102.40 and a 1 year high of $543.00. The stock's 50-day moving average is $348.31 and its 200-day moving average is $342.62. The firm has a market capitalization of $101.83 billion, a price-to-earnings ratio of -66.21 and a beta of 3.79. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39.

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

Insiders Place Their Bets

In other news, Director Jarrod M. Patten sold 650 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $371.23, for a total transaction of $241,299.50. Following the completion of the transaction, the director now directly owns 21,770 shares in the company, valued at approximately $8,081,677.10. This represents a 2.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Andrew Kang sold 5,638 shares of the stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $410.22, for a total transaction of $2,312,820.36. Following the transaction, the chief financial officer now owns 22,077 shares of the company's stock, valued at $9,056,426.94. This trade represents a 20.34% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 18,000 shares of company stock worth $1,693,800 and have sold 47,486 shares worth $16,456,090. 9.16% of the stock is owned by company insiders.

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.