Phong Le Buys 4,500 Shares of Strategy Incorporated (NASDAQ:MSTR) Stock

Strategy Incorporated (NASDAQ:MSTR - Get Free Report) CEO Phong Le acquired 4,500 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was purchased at an average price of $85.00 per share, with a total value of $382,500.00. Following the transaction, the chief executive officer now owns 4,500 shares of the company's stock, valued at approximately $382,500. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Phong Le also recently made the following trade(s):

• On Friday, June 6th, Phong Le sold 5,295 shares of Strategy stock. The stock was sold at an average price of $374.54, for a total transaction of $1,983,189.30.
• On Monday, March 24th, Phong Le sold 3,281 shares of Strategy stock. The shares were sold at an average price of $329.26, for a total transaction of $1,080,302.06.
• On Thursday, March 20th, Phong Le purchased 6,000 shares of Strategy stock. The shares were purchased at an average price of $85.00 per share, with a total value of $510,000.00.

Strategy Stock Performance

Strategy stock traded up $17.65 during mid-day trading on Monday, hitting $392.12. 10,807,132 shares of the company's stock traded hands, compared to its average volume of 18,066,297. The firm has a 50 day moving average price of $355.18 and a 200 day moving average price of $341.67. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The company has a market cap of $107.21 billion, a PE ratio of -69.61 and a beta of 3.73. Strategy Incorporated has a one year low of $102.40 and a one year high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) 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 company had revenue of $111.07 million for the quarter, compared to analyst estimates of $116.66 million. During the same quarter in the prior year, the business earned ($0.83) EPS. Strategy's revenue was down 3.6% compared to the same quarter last year.

Hedge Funds Weigh In On Strategy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its position in Strategy by 855.6% during the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after purchasing an additional 77 shares in the last quarter. Riverview Trust Co purchased a new position in Strategy during the 4th quarter worth approximately $25,000. IAG Wealth Partners LLC purchased a new position in Strategy during the 4th quarter worth approximately $25,000. Dunhill Financial LLC purchased a new position in Strategy during the 4th quarter worth approximately $26,000. Finally, Safe Harbor Fiduciary LLC grew its position in Strategy by 820.0% during the 4th quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker's stock worth $27,000 after purchasing an additional 82 shares in the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MSTR has been the subject of several research reports. Cantor Fitzgerald reiterated a "hold" rating on shares of Strategy in a report on Monday, May 19th. Canaccord Genuity Group reaffirmed a "buy" rating on shares of Strategy in a report on Monday, May 19th. Barclays reissued a "hold" rating on shares of Strategy in a research report on Monday, May 19th. BTIG Research reaffirmed a "buy" rating on shares of Strategy in a report on Wednesday, May 14th. Finally, HC Wainwright assumed coverage on shares of Strategy in a report on Tuesday, April 29th. They set a "buy" rating and a $480.00 price target for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Strategy has a consensus rating of "Moderate Buy" and a consensus target price of $514.42.

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.

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