Integrated Wealth Concepts LLC Invests $1.39 Million in Strategy Incorporated (NASDAQ:MSTR)

Integrated Wealth Concepts LLC purchased a new position in Strategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 4,811 shares of the software maker's stock, valued at approximately $1,393,000.

Several other hedge funds and other institutional investors have also made changes to their positions in MSTR. Proficio Capital Partners LLC bought a new position in Strategy during the fourth quarter worth about $81,783,000. Clarity Capital Partners LLC lifted its holdings in Strategy by 122.3% during the fourth quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker's stock worth $7,274,000 after acquiring an additional 13,817 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in Strategy during the third quarter worth about $254,000. Virtu Financial LLC lifted its holdings in Strategy by 10,398.4% during the third quarter. Virtu Financial LLC now owns 224,245 shares of the software maker's stock worth $37,808,000 after acquiring an additional 222,109 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Strategy by 14.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock worth $220,626,000 after acquiring an additional 97,515 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors.

Strategy Stock Up 0.1 %

MSTR stock opened at $369.25 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The business has a 50 day moving average price of $296.58 and a two-hundred day moving average price of $318.45. The company has a market cap of $95.03 billion, a price-to-earnings ratio of -65.55 and a beta of 3.46. Strategy Incorporated has a twelve month low of $101.00 and a twelve month high of $543.00.

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

Insider Buying and Selling at Strategy

In other Strategy news, EVP Wei-Ming Shao bought 500 shares of Strategy 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 purchase, the executive vice president now owns 500 shares of the company's stock, valued at $42,500. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jarrod M. Patten sold 1,700 shares of Strategy stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of $342.01, for a total value of $581,417.00. Following the transaction, the director now owns 4,970 shares of the company's stock, valued at $1,699,789.70. This represents a 25.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders purchased 8,000 shares of company stock worth $680,000 and sold 34,698 shares worth $11,403,343. Corporate insiders own 9.16% of the company's stock.

Analyst Ratings Changes

MSTR has been the topic of several recent analyst reports. Canaccord Genuity Group reduced their target price on Strategy from $510.00 to $409.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Keefe, Bruyette & Woods initiated coverage on Strategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price target on the stock. Compass Point raised Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Maxim Group increased their price objective on Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Finally, Monness Crespi & Hardt downgraded Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective for the company. in a report on Tuesday, April 1st. One investment 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 company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $508.09.

Strategy Company 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.

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