Janus Henderson Group PLC Boosts Stock Holdings in Strategy Incorporated (NASDAQ:MSTR)

Janus Henderson Group PLC grew its position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 12.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,200 shares of the software maker's stock after buying an additional 1,500 shares during the period. Janus Henderson Group PLC's holdings in Strategy were worth $3,825,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in MSTR. Proficio Capital Partners LLC purchased a new stake in Strategy in the 4th quarter worth approximately $81,783,000. Clarity Capital Partners LLC lifted its stake in Strategy by 122.3% in the 4th quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker's stock worth $7,274,000 after purchasing an additional 13,817 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Strategy by 14.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock worth $220,626,000 after purchasing an additional 97,515 shares in the last quarter. Chung Wu Investment Group LLC purchased a new stake in Strategy in the 4th quarter worth approximately $850,000. Finally, Crew Capital Management Ltd. purchased a new stake in Strategy in the 4th quarter worth approximately $333,000. Hedge funds and other institutional investors own 59.84% of the company's stock.

Strategy Stock Up 0.8%

Shares of NASDAQ MSTR traded up $3.50 during midday trading on Tuesday, hitting $416.92. The stock had a trading volume of 11,421,774 shares, compared to its average volume of 18,058,372. The business's 50 day moving average is $337.30 and its 200-day moving average is $337.39. The company has a market cap of $113.99 billion, a P/E ratio of -74.01 and a beta of 3.79. Strategy Incorporated has a 52 week low of $102.40 and a 52 week high of $543.00. 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 released its quarterly earnings data 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). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%. The company had revenue of $111.07 million for the quarter, compared to analysts' expectations of $116.66 million. During the same period in the previous year, the firm earned ($0.83) earnings per share. The firm's revenue for the quarter was down 3.6% on a year-over-year basis.

Insider Buying and Selling at Strategy

In other news, Director Jarrod M. Patten sold 1,100 shares of Strategy stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $427.00, for a total transaction of $469,700.00. Following the transaction, the director now directly owns 9,170 shares of the company's stock, valued at $3,915,590. The trade was a 10.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Andrew Kang purchased 1,500 shares of the company's stock in a transaction on Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, with a total value of $127,500.00. Following the completion of the transaction, the chief financial officer now owns 1,500 shares of the company's stock, valued at approximately $127,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 8,000 shares of company stock valued at $680,000 and sold 41,198 shares valued at $13,901,970. 9.16% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MSTR. HC Wainwright began coverage on shares of Strategy in a research report on Tuesday, April 29th. They set a "buy" rating and a $480.00 price objective on the stock. Maxim Group lifted their target price on shares of Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th. Barclays reissued a "hold" rating on shares of Strategy in a report on Monday. Mizuho assumed coverage on shares of Strategy in a report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target on the stock. Finally, UBS Group reiterated a "buy" rating on shares of Strategy in a research report on Friday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $514.42.

About Strategy

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.