Vise Technologies Inc. Makes New Investment in Strategy Incorporated (NASDAQ:MSTR)

Vise Technologies Inc. acquired a new stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 1,080 shares of the software maker's stock, valued at approximately $313,000.

A number of other large investors have also recently made changes to their positions in the stock. Norges Bank bought a new stake in Strategy during the 4th quarter valued at approximately $523,981,000. Amundi raised its stake in Strategy by 262.8% during the 4th quarter. Amundi now owns 570,217 shares of the software maker's stock valued at $165,146,000 after purchasing an additional 413,028 shares during the period. First Trust Advisors LP raised its stake in Strategy by 266.1% during the 4th quarter. First Trust Advisors LP now owns 417,574 shares of the software maker's stock valued at $120,938,000 after purchasing an additional 303,517 shares during the period. Proficio Capital Partners LLC bought a new stake in Strategy during the 4th quarter valued at approximately $81,783,000. Finally, Geode Capital Management LLC raised its stake in Strategy by 10.2% during the 4th quarter. Geode Capital Management LLC now owns 3,047,625 shares of the software maker's stock valued at $881,470,000 after purchasing an additional 281,342 shares during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Strategy

In other news, Director Jarrod M. Patten bought 10,000 shares of the stock in a transaction on Tuesday, May 27th. The stock was acquired at an average cost of $101.38 per share, for a total transaction of $1,013,800.00. Following the acquisition, the director now owns 10,000 shares of the company's stock, valued at $1,013,800. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Wei-Ming Shao bought 500 shares of the 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 $42,500.00. Following the completion of the acquisition, the executive vice president now directly owns 500 shares in the company, valued at approximately $42,500. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 18,000 shares of company stock worth $1,693,800 and sold 47,486 shares worth $16,456,090. 9.16% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on MSTR. BTIG Research reissued a "buy" rating on shares of Strategy in a research note on Wednesday, May 14th. Cantor Fitzgerald reaffirmed a "hold" rating on shares of Strategy in a research note on Monday, May 19th. Canaccord Genuity Group reaffirmed a "buy" rating on shares of Strategy in a research note on Monday, May 19th. Barclays reaffirmed 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 price objective on the stock. in a research note on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Strategy has a consensus rating of "Moderate Buy" and an average price target of $514.42.

Strategy Trading Down 1.6%

Shares of Strategy stock traded down $5.84 on Friday, reaching $364.79. The company had a trading volume of 12,537,663 shares, compared to its average volume of 18,136,704. The firm has a market cap of $99.73 billion, a price-to-earnings ratio of -64.76 and a beta of 3.79. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The firm's 50-day moving average price is $348.31 and its two-hundred day moving average price is $342.52. Strategy Incorporated has a 1 year low of $102.40 and a 1 year high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Thursday, May 1st. The software maker reported ($16.49) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($16.47). The company 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 firm posted ($0.83) EPS.

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.