GTS Securities LLC Has $6.87 Million Stake in Strategy Incorporated (NASDAQ:MSTR)

GTS Securities LLC reduced its stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 72.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,736 shares of the software maker's stock after selling 61,064 shares during the quarter. GTS Securities LLC's holdings in Strategy were worth $6,874,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of MSTR. Geode Capital Management LLC raised its holdings in 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 purchasing an additional 281,342 shares in the last quarter. Norges Bank bought a new stake in Strategy in the fourth quarter worth about $523,981,000. Northern Trust Corp raised its position in Strategy by 24.4% in the fourth quarter. Northern Trust Corp now owns 1,076,185 shares of the software maker's stock worth $311,685,000 after acquiring an additional 210,997 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Strategy by 25.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 802,464 shares of the software maker's stock worth $232,410,000 after acquiring an additional 162,757 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Strategy by 14.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock worth $220,626,000 after acquiring an additional 97,515 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MSTR has been the topic of several research reports. Keefe, Bruyette & Woods initiated coverage on Strategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price target on the stock. Mizuho initiated coverage on Strategy in a report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target on the stock. UBS Group reaffirmed a "buy" rating on shares of Strategy in a report on Friday, May 16th. Barclays reissued a "hold" rating on shares of Strategy in a research note on Monday, May 19th. Finally, Monness Crespi & Hardt downgraded Strategy from a "neutral" rating to a "sell" rating and set a $220.00 target price on the stock. in a report on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $514.42.

Strategy Stock Performance

Strategy stock traded up $0.84 during trading hours on Tuesday, hitting $370.35. The stock had a trading volume of 7,846,249 shares, compared to its average volume of 18,130,870. The company has a 50-day moving average of $344.54 and a two-hundred day moving average of $341.79. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The company has a market cap of $101.26 billion, a PE ratio of -65.76 and a beta of 3.79. Strategy Incorporated has a fifty-two week low of $102.40 and a fifty-two week high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 business had revenue of $111.07 million during the quarter, compared to analyst estimates of $116.66 million. During the same quarter in the prior year, the company posted ($0.83) EPS. The company's quarterly revenue was down 3.6% compared to the same quarter last year.

Insider Transactions at Strategy

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