Strategy Incorporated (NASDAQ:MSTR) CAO Sells $126,972.45 in Stock

Strategy Incorporated (NASDAQ:MSTR - Get Free Report) CAO Jeanine Montgomery sold 339 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $374.55, for a total value of $126,972.45. Following the transaction, the chief accounting officer now owns 8,605 shares in the company, valued at $3,223,002.75. The trade was a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Jeanine Montgomery also recently made the following trade(s):

• On Thursday, June 5th, Jeanine Montgomery sold 1 shares of Strategy stock. The stock was sold at an average price of $370.70, for a total value of $370.70.
• On Monday, March 24th, Jeanine Montgomery sold 481 shares of Strategy stock. The stock was sold at an average price of $329.27, for a total value of $158,378.87.

Strategy Price Performance

Shares of MSTR traded up $17.65 during trading hours on Monday, reaching $392.12. 10,807,132 shares of the stock traded hands, compared to its average volume of 18,066,297. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. Strategy Incorporated has a 52-week low of $102.40 and a 52-week high of $543.00. The company's 50-day moving average price is $355.18 and its two-hundred day moving average price is $341.67. The company has a market cap of $107.21 billion, a P/E ratio of -69.61 and a beta of 3.73.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The software maker reported ($16.49) EPS for the quarter, missing the consensus estimate 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%. The firm's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.83) EPS.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Cantor Fitzgerald reissued a "hold" rating on shares of Strategy in a report on Monday, May 19th. Monness Crespi & Hardt lowered shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective for the company. in a report on Tuesday, April 1st. BTIG Research reiterated a "buy" rating on shares of Strategy in a report on Wednesday, May 14th. Canaccord Genuity Group reiterated a "buy" rating on shares of Strategy in a report on Monday, May 19th. Finally, Barclays reissued a "hold" rating on shares of Strategy in a report on Monday, May 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $514.42.

Institutional Trading of Strategy

A number of institutional investors have recently bought and sold shares of the stock. Yousif Capital Management LLC increased its holdings in Strategy by 6.3% during the 4th quarter. Yousif Capital Management LLC now owns 2,036 shares of the software maker's stock worth $590,000 after purchasing an additional 121 shares during the period. Robertson Stephens Wealth Management LLC acquired a new stake in Strategy during the 4th quarter worth about $240,000. Strategic Financial Concepts LLC purchased a new position in Strategy during the 4th quarter worth approximately $4,196,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Strategy by 21.0% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 415,098 shares of the software maker's stock valued at $120,221,000 after acquiring an additional 71,934 shares during the period. Finally, SOA Wealth Advisors LLC. purchased a new position in Strategy in the fourth quarter valued at $37,000. 59.84% of the stock is currently owned by institutional investors.

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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