Lido Advisors LLC Grows Stock Holdings in Strategy Incorporated (NASDAQ:MSTR)

Lido Advisors LLC lifted its holdings in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 40.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,156 shares of the software maker's stock after buying an additional 903 shares during the period. Lido Advisors LLC's holdings in Strategy were worth $914,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of MSTR. Quadrant Capital Group LLC raised its stake in Strategy by 855.6% during the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after acquiring an additional 77 shares in the last quarter. Riverview Trust Co acquired a new position in Strategy during the 4th quarter worth about $25,000. IAG Wealth Partners LLC acquired a new stake in shares of Strategy in the 4th quarter valued at about $25,000. Parkside Financial Bank & Trust boosted its holdings in shares of Strategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after buying an additional 76 shares during the last quarter. Finally, Aspect Partners LLC purchased a new stake in shares of Strategy in the fourth quarter worth $28,000. Institutional investors own 59.84% of the company's stock.

Strategy Stock Down 0.0 %

Shares of NASDAQ:MSTR traded down $0.16 during trading on Tuesday, hitting $386.37. 6,734,161 shares of the company were exchanged, compared to its average volume of 17,981,542. Strategy Incorporated has a 12-month low of $102.40 and a 12-month high of $543.00. The stock has a market capitalization of $99.43 billion, a P/E ratio of -68.70 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 $306.66 and its 200-day moving average price is $324.92.

Strategy (NASDAQ:MSTR - Get Free Report) last posted 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). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%. The firm had revenue of $111.07 million during the quarter, compared to analysts' expectations of $116.66 million. During the same period in the previous year, the company earned ($0.83) earnings per share. The business's quarterly revenue was down 3.6% on a year-over-year basis.

Insider Transactions at Strategy

In other news, Director Leslie J. Rechan sold 15,000 shares of the business's stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the sale, the director now directly owns 4,970 shares in the company, valued at approximately $1,669,423. The trade was a 75.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Jeanine Montgomery sold 481 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $329.27, for a total value of $158,378.87. Following the completion of the transaction, the chief accounting officer now owns 7,805 shares in the company, valued at approximately $2,569,952.35. This represents a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders bought 8,000 shares of company stock worth $680,000 and sold 37,798 shares worth $12,535,866. 9.16% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on MSTR. Keefe, Bruyette & Woods initiated coverage on shares of Strategy in a research note on Friday, February 7th. They set an "outperform" rating and a $560.00 target price for the company. Canaccord Genuity Group upped their price target on Strategy from $409.00 to $464.00 and gave the stock a "buy" rating in a report on Friday. HC Wainwright assumed coverage on Strategy in a report on Tuesday, April 29th. They issued a "buy" rating and a $480.00 price objective on the stock. Cantor Fitzgerald cut their price objective on Strategy from $619.00 to $614.00 and set an "overweight" rating on the stock in a research note on Monday. Finally, Compass Point raised shares of Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price 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.