MGO One Seven LLC Invests $308,000 in Strategy Incorporated (NASDAQ:MSTR)

MGO One Seven LLC acquired a new stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,062 shares of the software maker's stock, valued at approximately $308,000.

Several other large investors have also bought and sold shares of the company. Riverview Trust Co purchased a new position in Strategy in the 4th quarter worth approximately $25,000. IAG Wealth Partners LLC bought a new position in shares of Strategy during the fourth quarter valued at $25,000. Quadrant Capital Group LLC increased its holdings in Strategy by 855.6% in the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after buying an additional 77 shares in the last quarter. Parkside Financial Bank & Trust raised its position in 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 position in Strategy in the 4th quarter worth about $28,000. 59.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Jarrod M. Patten sold 3,100 shares of the firm's stock in a transaction dated Friday, April 25th. The shares were sold at an average price of $365.33, for a total value of $1,132,523.00. Following the completion of the sale, the director now owns 4,970 shares in the company, valued at approximately $1,815,690.10. This trade represents a 38.41 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Jeanine Montgomery sold 481 shares of the company's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $329.27, for a total transaction of $158,378.87. Following the transaction, the chief accounting officer now owns 7,805 shares in the company, valued at $2,569,952.35. The trade was a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have purchased 8,000 shares of company stock valued at $680,000 and have sold 37,798 shares valued at $12,535,866. Corporate insiders own 9.16% of the company's stock.

Strategy Price Performance

Shares of NASDAQ:MSTR traded down $1.34 during trading on Wednesday, hitting $380.11. 13,705,744 shares of the company's stock were exchanged, compared to its average volume of 18,063,698. The business's 50-day simple moving average is $297.73 and its 200 day simple moving average is $318.89. The company has a market cap of $97.82 billion, a price-to-earnings ratio of -67.48 and a beta of 3.46. Strategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Canaccord Genuity Group reduced their price target on shares of Strategy from $510.00 to $409.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Mizuho assumed coverage on shares of Strategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 target price for the company. Benchmark reaffirmed a "buy" rating and issued a $650.00 price objective on shares of Strategy in a report on Tuesday, January 14th. 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. Finally, Compass Point upgraded Strategy to a "strong-buy" rating in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Strategy presently has an average rating of "Moderate Buy" and a consensus price target of $505.75.

Strategy Company 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.