Strategy Incorporated (NASDAQ:MSTR) Shares Sold by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main reduced its holdings in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 75.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 78,310 shares of the software maker's stock after selling 243,320 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Strategy were worth $22,680,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Maryland State Retirement & Pension System raised its holdings in shares of Strategy by 0.3% during the fourth quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock valued at $2,604,000 after acquiring an additional 30 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in Strategy by 3.2% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock valued at $324,000 after purchasing an additional 35 shares in the last quarter. Oder Investment Management LLC lifted its holdings in Strategy by 3.1% in the 4th quarter. Oder Investment Management LLC now owns 1,268 shares of the software maker's stock valued at $367,000 after purchasing an additional 38 shares in the last quarter. WR Wealth Planners LLC grew its holdings in shares of Strategy by 22.6% during the fourth quarter. WR Wealth Planners LLC now owns 260 shares of the software maker's stock worth $75,000 after buying an additional 48 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. grew its holdings in shares of Strategy by 0.9% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker's stock worth $1,558,000 after buying an additional 50 shares in the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on MSTR shares. Keefe, Bruyette & Woods initiated coverage on shares of Strategy in a research report on Friday, February 7th. They set an "outperform" rating and a $560.00 price target on the stock. Barclays upped their target price on shares of Strategy from $421.00 to $475.00 and gave the company an "overweight" rating in a research report on Monday, May 5th. Monness Crespi & Hardt lowered Strategy from a "neutral" rating to a "sell" rating and set a $220.00 target price on the stock. in a research note on Tuesday, April 1st. Benchmark restated a "buy" rating and issued a $650.00 price target on shares of Strategy in a research note on Tuesday, January 14th. Finally, Maxim Group lifted their price target on shares of Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Strategy has a consensus rating of "Moderate Buy" and a consensus target price of $514.42.

Strategy Stock Performance

Shares of Strategy stock traded up $1.55 on Friday, hitting $415.93. The stock had a trading volume of 17,117,928 shares, compared to its average volume of 18,107,323. The stock has a market cap of $107.04 billion, a price-to-earnings ratio of -73.84 and a beta of 3.79. 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 $318.40 and its 200 day moving average price is $329.30.

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

Insider Buying and Selling

In other news, Director Jarrod M. Patten sold 1,100 shares of the firm's stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $395.00, for a total value of $434,500.00. Following the completion of the sale, the director now owns 9,170 shares in the company, valued at approximately $3,622,150. This trade represents a 10.71 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Wei-Ming Shao purchased 500 shares of Strategy stock in a transaction dated 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 directly owns 500 shares in the company, valued at approximately $42,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 8,000 shares of company stock valued at $680,000 and have sold 40,098 shares valued at $13,432,270. Corporate insiders own 9.16% of the company's stock.

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.