Capital Group Private Client Services Inc. Sells 1,042 Shares of Strategy Incorporated (NASDAQ:MSTR)

Capital Group Private Client Services Inc. lessened its holdings in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 6.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 15,213 shares of the software maker's stock after selling 1,042 shares during the period. Capital Group Private Client Services Inc.'s holdings in Strategy were worth $4,406,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSTR. Quadrant Capital Group LLC lifted its position in shares of Strategy by 855.6% in the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after acquiring an additional 77 shares during the period. Riverview Trust Co acquired a new position in shares of Strategy in the 4th quarter valued at $25,000. IAG Wealth Partners LLC acquired a new position in shares of Strategy in the 4th quarter valued at $25,000. Parkside Financial Bank & Trust lifted its holdings 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 worth $27,000 after acquiring an additional 76 shares during the period. Finally, Aspect Partners LLC bought a new stake in Strategy in the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 59.84% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Cantor Fitzgerald raised their price target on shares of Strategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Mizuho assumed coverage on Strategy in a research note on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target on the stock. Benchmark reissued a "buy" rating and set a $650.00 price objective on shares of Strategy in a report on Tuesday, January 14th. Canaccord Genuity Group lowered 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. Finally, 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. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Strategy presently has an average rating of "Moderate Buy" and an average price target of $508.09.

Insider Buying and Selling

In other news, EVP Wei-Ming Shao acquired 500 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the acquisition, the executive vice president now owns 500 shares in the company, valued at $42,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Leslie J. Rechan sold 15,000 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the director now owns 4,970 shares in the company, valued at $1,669,423. The trade was a 75.11 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 32,998 shares valued at $10,821,926. Company insiders own 9.16% of the company's stock.

Strategy Trading Up 1.0 %

Shares of Strategy stock traded up $3.45 on Wednesday, hitting $346.48. 10,437,151 shares of the company's stock traded hands, compared to its average volume of 17,954,492. Strategy Incorporated has a one year low of $101.00 and a one year high of $543.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The stock has a market capitalization of $89.17 billion, a PE ratio of -61.51 and a beta of 3.46. The firm's 50-day moving average price is $294.47 and its two-hundred day moving average price is $312.97.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly 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 return on equity of 19.01% and a negative net margin of 251.73%.

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.