Strategy Incorporated (NASDAQ:MSTR) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC raised its holdings in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 150.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,384 shares of the software maker's stock after purchasing an additional 5,644 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Strategy were worth $2,718,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. National Bank of Canada FI grew its holdings in Strategy by 746.2% during the third quarter. National Bank of Canada FI now owns 20,647 shares of the software maker's stock worth $3,481,000 after acquiring an additional 18,207 shares during the period. Proficio Capital Partners LLC purchased a new stake in Strategy in the 4th quarter worth approximately $81,783,000. Clarity Capital Partners LLC grew its stake in shares of Strategy by 122.3% during the 4th quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker's stock worth $7,274,000 after purchasing an additional 13,817 shares during the period. B. Riley Wealth Advisors Inc. purchased a new position in shares of Strategy during the 3rd quarter valued at approximately $254,000. Finally, Wellington Management Group LLP increased its holdings in shares of Strategy by 979.8% during the 3rd quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker's stock valued at $1,134,000 after purchasing an additional 6,104 shares in the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

Strategy Price Performance

MSTR stock traded down $25.47 during midday trading on Monday, reaching $268.14. The stock had a trading volume of 28,348,359 shares, compared to its average volume of 17,888,480. Strategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The company's fifty day simple moving average is $303.91 and its 200 day simple moving average is $302.64. The company has a market cap of $69.01 billion, a price-to-earnings ratio of -47.60 and a beta of 3.46.

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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 the consensus estimate of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Insiders Place Their Bets

In related news, EVP Wei-Ming Shao bought 500 shares of the business's stock in a transaction on Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, with a total value of $42,500.00. Following the purchase, 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 filing with the SEC, which is available at the SEC website. Also, Director Leslie J. Rechan sold 15,000 shares of the business's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the transaction, the director now directly owns 4,970 shares in the company, valued at approximately $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 have acquired 8,000 shares of company stock valued at $680,000 and have sold 22,998 shares valued at $7,671,926. Corporate insiders own 9.16% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on MSTR shares. Maxim Group raised their price target on shares of Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. Benchmark reissued a "buy" rating and set a $650.00 target price on shares of Strategy in a research note on Tuesday, January 14th. Monness Crespi & Hardt cut Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target for the company. in a report on Tuesday, April 1st. Keefe, Bruyette & Woods began coverage on Strategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price objective on the stock. Finally, Canaccord Genuity Group cut their price objective on Strategy from $510.00 to $409.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. 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 data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price 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.