Visionary Wealth Advisors Raises Holdings in Strategy Incorporated (NASDAQ:MSTR)

Visionary Wealth Advisors grew its holdings in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 37.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,572 shares of the software maker's stock after purchasing an additional 2,351 shares during the period. Visionary Wealth Advisors' holdings in Strategy were worth $2,482,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC boosted its position in shares of Strategy by 10.2% during the fourth quarter. Geode Capital Management LLC now owns 3,047,625 shares of the software maker's stock worth $881,470,000 after buying an additional 281,342 shares during the period. Norges Bank purchased a new position in Strategy during the 4th quarter valued at about $523,981,000. Northern Trust Corp boosted its holdings in Strategy by 24.4% during the 4th quarter. Northern Trust Corp now owns 1,076,185 shares of the software maker's stock valued at $311,685,000 after acquiring an additional 210,997 shares during the period. Charles Schwab Investment Management Inc. grew its position 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 valued at $220,626,000 after acquiring an additional 97,515 shares in the last quarter. Finally, Amundi increased its stake in Strategy by 262.8% during the fourth quarter. Amundi now owns 570,217 shares of the software maker's stock worth $165,146,000 after purchasing an additional 413,028 shares during the period. 59.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MSTR. Compass Point upgraded shares of Strategy to a "strong-buy" rating in a report on Wednesday, January 29th. Monness Crespi & Hardt lowered Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective on the stock. in a research report on Tuesday, April 1st. Canaccord Genuity Group restated a "buy" rating on shares of Strategy in a report on Monday. HC Wainwright initiated coverage on Strategy in a research report on Tuesday, April 29th. They set a "buy" rating and a $480.00 price objective for the company. Finally, Maxim Group increased their price objective on shares of Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $514.42.

Insider Activity

In other Strategy news, EVP Wei-Ming Shao acquired 500 shares of the business's stock in a transaction on Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the transaction, the executive vice president now owns 500 shares of the company's stock, valued at $42,500. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Andrew Kang purchased 1,500 shares of the business's stock in a transaction dated Thursday, March 20th. The stock was bought at an average price of $85.00 per share, with a total value of $127,500.00. Following the acquisition, the chief financial officer now directly owns 1,500 shares in the company, valued at approximately $127,500. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders acquired 8,000 shares of company stock valued at $680,000 and sold 46,836 shares valued at $16,214,791. Insiders own 9.16% of the company's stock.

Strategy Stock Performance

Shares of NASDAQ MSTR traded down $3.23 during mid-day trading on Thursday, hitting $399.46. 16,447,937 shares of the company were exchanged, compared to its average volume of 18,074,880. The firm has a market cap of $109.21 billion, a price-to-earnings ratio of -70.91 and a beta of 3.79. 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 Incorporated has a 1-year low of $102.40 and a 1-year high of $543.00. The stock has a 50 day simple moving average of $339.41 and a 200-day simple moving average of $337.84.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly 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 firm had revenue of $111.07 million for the quarter, compared to analysts' expectations of $116.66 million. During the same period in the prior year, the company earned ($0.83) earnings per share. The company's revenue for the quarter was down 3.6% on a year-over-year basis.

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.