Nissay Asset Management Corp Japan ADV Increases Stake in Strategy Incorporated (NASDAQ:MSTR)

Nissay Asset Management Corp Japan ADV increased its holdings in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 114.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,845 shares of the software maker's stock after purchasing an additional 21,797 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in Strategy were worth $11,830,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Riverview Trust Co purchased a new stake in Strategy during the 4th quarter valued at $25,000. IAG Wealth Partners LLC bought a new stake in Strategy in the 4th quarter worth $25,000. Quadrant Capital Group LLC grew 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 acquiring an additional 77 shares during the last quarter. Dunhill Financial LLC bought a new stake in Strategy in the 4th quarter worth $26,000. Finally, Parkside Financial Bank & Trust grew its holdings 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 acquiring an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.

Strategy Trading Down 1.2%

Shares of NASDAQ MSTR opened at $416.75 on Thursday. Strategy Incorporated has a 1 year low of $102.40 and a 1 year high of $543.00. The stock has a market cap of $113.94 billion, a P/E ratio of -73.98 and a beta of 3.79. The firm has a 50-day moving average of $325.27 and a 200 day moving average of $332.36. 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 issued its quarterly earnings results 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 for the quarter, compared to analysts' expectations of $116.66 million. During the same period last year, the business earned ($0.83) earnings per share. The company's revenue was down 3.6% on a year-over-year basis.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MSTR. Maxim Group raised their price target on shares of Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Mizuho began coverage on shares of Strategy in a report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target on the stock. Barclays raised their price target on shares of Strategy from $421.00 to $475.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Cantor Fitzgerald cut their target price on shares of Strategy from $619.00 to $614.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Finally, HC Wainwright started coverage on shares of Strategy in a research note on Tuesday, April 29th. They set a "buy" rating and a $480.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $514.42.

Insider Activity at Strategy

In other news, EVP Wei-Ming Shao bought 500 shares of the firm's stock in a transaction on Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, with a total value of $42,500.00. Following the completion of the acquisition, the executive vice president now owns 500 shares of the company's stock, valued at approximately $42,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jarrod M. Patten sold 1,100 shares of Strategy stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $427.00, for a total transaction of $469,700.00. Following the completion of the transaction, the director now directly owns 9,170 shares of the company's stock, valued at $3,915,590. This trade represents a 10.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders acquired 8,000 shares of company stock valued at $680,000 and sold 41,198 shares valued at $13,901,970. 9.16% of the stock is currently owned by corporate insiders.

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.

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