1,101 Shares in Strategy Incorporated (NASDAQ:MSTR) Purchased by Advisory Services Network LLC

Advisory Services Network LLC purchased a new stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 1,101 shares of the software maker's stock, valued at approximately $319,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Riverview Trust Co purchased a new position in shares of Strategy in the fourth quarter worth approximately $25,000. IAG Wealth Partners LLC purchased a new position in shares of Strategy in the 4th quarter worth approximately $25,000. Quadrant Capital Group LLC lifted its stake in shares of Strategy by 855.6% during the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after buying an additional 77 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of Strategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock valued at $27,000 after buying an additional 76 shares during the last quarter. Finally, Aspect Partners LLC acquired a new stake in Strategy in the fourth quarter valued at approximately $28,000. Institutional investors own 59.84% of the company's stock.

Analyst Upgrades and Downgrades

MSTR has been the topic of several research reports. Barclays reduced their price target on shares of Strategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Cantor Fitzgerald lifted their price objective on Strategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Compass Point upgraded Strategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Monness Crespi & Hardt cut Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target on the stock. in a research report on Tuesday, April 1st. Finally, Keefe, Bruyette & Woods began coverage on Strategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 target price on the stock. One analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $508.09.

Strategy Price Performance

Shares of NASDAQ:MSTR traded up $5.54 during midday trading on Friday, hitting $317.20. The company's stock had a trading volume of 13,470,411 shares, compared to its average volume of 17,958,564. The company has a market cap of $81.63 billion, a P/E ratio of -56.31 and a beta of 3.46. Strategy Incorporated has a 12-month low of $101.00 and a 12-month high of $543.00. The business's 50 day simple moving average is $294.28 and its 200 day simple moving average is $309.73. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($3.07). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Insider Activity at Strategy

In related news, CFO Andrew Kang acquired 1,500 shares of the company's stock in a transaction dated Thursday, March 20th. The shares were purchased at an average price of $85.00 per share, for a total transaction of $127,500.00. Following the completion of the acquisition, the chief financial officer now owns 1,500 shares of the company's stock, valued at approximately $127,500. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Leslie J. Rechan sold 15,000 shares of the stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total value of $5,038,500.00. Following the transaction, the director now owns 4,970 shares in the company, valued at $1,669,423. This trade represents a 75.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders acquired 8,000 shares of company stock valued at $680,000 and sold 32,998 shares valued at $10,821,926. 9.16% of the stock is owned by company insiders.

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.