Wise Wealth Partners Makes New Investment in Strategy Incorporated (NASDAQ:MSTR)

Wise Wealth Partners acquired a new stake in Strategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,242 shares of the software maker's stock, valued at approximately $360,000. Strategy makes up about 0.9% of Wise Wealth Partners' holdings, making the stock its 25th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSTR. Quadrant Capital Group LLC increased 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 acquired a new position in shares of Strategy during the fourth quarter worth $25,000. IAG Wealth Partners LLC acquired a new position in shares of Strategy during the fourth quarter worth $25,000. Parkside Financial Bank & Trust lifted its stake in shares of Strategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Finally, Aspect Partners LLC acquired a new stake in shares of Strategy during the 4th quarter valued at $28,000. Institutional investors own 59.84% of the company's stock.

Insider Activity

In related news, CAO Jeanine Montgomery sold 481 shares of the business's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $329.27, for a total value of $158,378.87. Following the completion of the sale, the chief accounting officer now directly owns 7,805 shares of the company's stock, valued at $2,569,952.35. The trade was a 5.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Wei-Ming Shao purchased 500 shares of the business's stock in a transaction on Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, for a total transaction of $42,500.00. Following 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 position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 37,798 shares worth $12,535,866. Company insiders own 9.16% of the company's stock.

Strategy Trading Up 0.4 %

MSTR stock traded up $1.49 during mid-day trading on Thursday, reaching $381.60. The company's stock had a trading volume of 16,825,674 shares, compared to its average volume of 18,027,089. Strategy Incorporated has a 12 month low of $102.40 and a 12 month high of $543.00. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The business's 50 day moving average price is $301.32 and its 200 day moving average price is $320.55. The company has a market cap of $98.21 billion, a price-to-earnings ratio of -67.74 and a beta of 3.46.

Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) earnings per share for the quarter, missing the consensus estimate 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's revenue was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.83) earnings per share.

Wall Street Analyst Weigh In

Several research firms have commented on MSTR. Keefe, Bruyette & Woods started coverage on Strategy in a research report on Friday, February 7th. They issued an "outperform" rating and a $560.00 target price for the company. Canaccord Genuity Group reduced their target price on shares of Strategy from $510.00 to $409.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Monness Crespi & Hardt downgraded shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target for the company. in a research note on Tuesday, April 1st. Compass Point raised shares of Strategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Finally, Cantor Fitzgerald raised their target price on Strategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. One equities 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 stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $505.75.

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.