Evexia Wealth LLC Acquires 2,097 Shares of Strategy Incorporated (NASDAQ:MSTR)

Evexia Wealth LLC increased its holdings in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 98.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,225 shares of the software maker's stock after purchasing an additional 2,097 shares during the quarter. Evexia Wealth LLC's holdings in Strategy were worth $1,224,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Geode Capital Management LLC boosted its holdings in shares of Strategy by 990.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker's stock valued at $465,573,000 after buying an additional 2,512,645 shares during the last quarter. Norges Bank bought a new stake in Strategy in the 4th quarter valued at about $523,981,000. Amundi grew its position in Strategy by 262.8% during the fourth quarter. Amundi now owns 570,217 shares of the software maker's stock worth $165,146,000 after buying an additional 413,028 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Strategy during the 4th quarter worth $81,783,000. Finally, Virtu Financial LLC raised its holdings in Strategy by 10,398.4% in the 3rd quarter. Virtu Financial LLC now owns 224,245 shares of the software maker's stock valued at $37,808,000 after acquiring an additional 222,109 shares in the last quarter. Institutional investors own 59.84% of the company's stock.

Insider Buying and Selling

In related news, EVP Wei-Ming Shao acquired 500 shares of the stock in a transaction dated Thursday, March 20th. The stock was bought at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the transaction, the executive vice president now directly owns 500 shares of the company's stock, valued at $42,500. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Phong Le acquired 6,000 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The stock was bought at an average cost of $85.00 per share, for a total transaction of $510,000.00. Following the completion of the purchase, the chief executive officer now owns 6,000 shares of the company's stock, valued at $510,000. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 22,998 shares valued at $7,671,926. 9.16% of the stock is owned by corporate insiders.

Strategy Trading Up 10.1 %

NASDAQ MSTR traded up $27.64 during trading hours on Friday, reaching $299.98. The company's stock had a trading volume of 21,264,995 shares, compared to its average volume of 18,011,200. Strategy Incorporated has a 52 week low of $101.00 and a 52 week 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 cap of $77.20 billion, a P/E ratio of -53.25 and a beta of 3.46. The firm has a fifty day simple moving average of $295.80 and a 200-day simple moving average of $305.67.

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

Analysts Set New Price Targets

MSTR has been the topic of a number of recent analyst reports. Cantor Fitzgerald raised their price target 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 shares of Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Mizuho began coverage on Strategy in a report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 target price on the stock. Benchmark restated a "buy" rating and set a $650.00 price objective on shares of Strategy in a research report on Tuesday, January 14th. Finally, Barclays lowered their target price on Strategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. One equities research 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 MarketBeat.com, Strategy currently has a consensus rating of "Moderate Buy" and an average target price of $508.09.

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.