Twinbeech Capital LP Purchases Shares of 11,637 Strategy Incorporated (NASDAQ:MSTR)

Twinbeech Capital LP purchased a new stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,637 shares of the software maker's stock, valued at approximately $3,370,000.

Other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its position in Strategy by 855.6% during the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock valued at $25,000 after buying an additional 77 shares during the period. Riverview Trust Co bought a new position in shares of Strategy during the fourth quarter valued at about $25,000. IAG Wealth Partners LLC bought a new position in shares of Strategy during the fourth quarter valued at about $25,000. Dunhill Financial LLC bought a new position in shares of Strategy during the fourth quarter valued at about $26,000. Finally, Safe Harbor Fiduciary LLC raised its stake in shares of Strategy by 820.0% during the fourth quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker's stock valued at $27,000 after acquiring an additional 82 shares during the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CAO Jeanine Montgomery sold 481 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $329.27, for a total transaction of $158,378.87. Following the sale, the chief accounting officer now owns 7,805 shares in the company, valued at $2,569,952.35. This represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Wei-Ming Shao purchased 500 shares of the business's stock in a transaction dated 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 acquisition, the executive vice president now owns 500 shares of the company's stock, valued at approximately $42,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 8,000 shares of company stock worth $680,000 and have sold 41,198 shares worth $13,901,970. Corporate insiders own 9.16% of the company's stock.

Strategy Price Performance

Shares of MSTR opened at $416.92 on Wednesday. The stock has a market cap of $113.99 billion, a PE ratio of -74.01 and a beta of 3.79. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. Strategy Incorporated has a fifty-two week low of $102.40 and a fifty-two week high of $543.00. The firm's 50-day simple moving average is $337.30 and its two-hundred day simple moving average is $337.39.

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 for the quarter, missing analysts' consensus estimates of ($0.02) by ($16.47). The business had revenue of $111.07 million during the quarter, compared to analysts' expectations of $116.66 million. Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%. Strategy's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.83) EPS.

Wall Street Analyst Weigh In

MSTR has been the subject of several recent analyst reports. Mizuho initiated coverage on shares of Strategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price objective for the company. Monness Crespi & Hardt downgraded shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective for the company. in a research note on Tuesday, April 1st. Compass Point raised shares of Strategy to a "strong-buy" rating in a research note on Wednesday, January 29th. BTIG Research reissued a "buy" rating on shares of Strategy in a research note on Wednesday, May 14th. Finally, Barclays reissued a "hold" rating on shares of Strategy in a research note on Monday. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $514.42.

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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