22,465 Shares in Strategy Incorporated (NASDAQ:MSTR) Bought by Finer Wealth Management Inc.

Finer Wealth Management Inc. purchased a new position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 22,465 shares of the software maker's stock, valued at approximately $6,506,000. Strategy makes up 3.7% of Finer Wealth Management Inc.'s holdings, making the stock its 8th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Riverview Trust Co purchased a new stake in shares of Strategy during the 4th quarter worth about $25,000. IAG Wealth Partners LLC purchased a new position in shares of Strategy in the 4th quarter valued at $25,000. Quadrant Capital Group LLC lifted its holdings in shares of Strategy by 855.6% during the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock valued at $25,000 after acquiring an additional 77 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in 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 purchasing an additional 76 shares during the period. Finally, Aspect Partners LLC purchased a new stake in shares of Strategy during the 4th quarter valued at about $28,000. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MSTR. Cantor Fitzgerald upped their target price on shares of Strategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Canaccord Genuity Group reduced their price target on Strategy from $510.00 to $409.00 and set a "buy" rating for the company in a report on Thursday, February 6th. Keefe, Bruyette & Woods started coverage on Strategy in a report on Friday, February 7th. They set an "outperform" rating and a $560.00 price objective on the stock. Benchmark reissued a "buy" rating and set a $650.00 price target on shares of Strategy in a research report on Tuesday, January 14th. Finally, Compass Point upgraded shares of Strategy to a "strong-buy" rating in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $508.09.

Insider Activity at Strategy

In other news, 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, for a total transaction of $42,500.00. Following the acquisition, the executive vice president now directly 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 the SEC website. Also, CFO Andrew Kang acquired 1,500 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, for a total transaction of $127,500.00. Following the acquisition, the chief financial officer now directly owns 1,500 shares of the company's stock, valued at $127,500. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 8,000 shares of company stock worth $680,000 and sold 32,998 shares worth $10,821,926. 9.16% of the stock is owned by insiders.

Strategy Price Performance

Shares of NASDAQ MSTR traded up $5.54 during trading on Friday, hitting $317.20. The company had a trading volume of 13,470,411 shares, compared to its average volume of 17,957,472. The company has a market cap of $81.63 billion, a P/E ratio of -56.31 and a beta of 3.46. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The business's 50-day moving average is $294.33 and its 200 day moving average is $308.67. Strategy Incorporated has a 52 week low of $101.00 and a 52 week high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last issued 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.