Price T Rowe Associates Inc. MD Acquires 147,290 Shares of Strategy Incorporated (NASDAQ:MSTR)

Price T Rowe Associates Inc. MD raised its holdings in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 65.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 372,259 shares of the software maker's stock after buying an additional 147,290 shares during the quarter. Price T Rowe Associates Inc. MD owned 0.16% of Strategy worth $107,814,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Riverview Trust Co acquired a new position in shares of Strategy during the 4th quarter valued at $25,000. IAG Wealth Partners LLC acquired a new position in shares of Strategy during the fourth quarter valued at about $25,000. Quadrant Capital Group LLC boosted its position 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 worth $25,000 after purchasing an additional 77 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in shares of Strategy by 422.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock valued at $27,000 after buying an additional 76 shares during the period. Finally, Aspect Partners LLC bought a new stake in Strategy in the 4th quarter valued at about $28,000. 59.84% of the stock is currently owned by institutional investors.

Strategy Stock Performance

Shares of NASDAQ MSTR traded up $12.20 during midday trading on Tuesday, reaching $381.45. The company's stock had a trading volume of 12,944,648 shares, compared to its average volume of 18,049,271. The stock has a market capitalization of $98.17 billion, a P/E ratio of -67.72 and a beta of 3.46. 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 firm has a 50 day moving average price of $296.58 and a 200-day moving average price of $318.45. Strategy Incorporated has a 12-month low of $101.00 and a 12-month high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data 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%.

Analysts Set New Price Targets

MSTR has been the topic of several recent research reports. HC Wainwright began coverage on Strategy in a report on Tuesday. They issued a "buy" rating and a $480.00 price target on the stock. Benchmark reiterated a "buy" rating and issued a $650.00 target price on shares of Strategy in a report on Tuesday, January 14th. Cantor Fitzgerald boosted their price target 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 dropped their price objective on shares of Strategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Finally, Barclays decreased their target price on shares of Strategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Strategy presently has an average rating of "Moderate Buy" and an average price target of $505.75.

Insider Buying and Selling

In other news, Director Leslie J. Rechan sold 15,000 shares of the company's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the transaction, the director now owns 4,970 shares of the company's stock, valued at $1,669,423. This represents a 75.11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Wei-Ming Shao acquired 500 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average cost of $85.00 per share, with a total value of $42,500.00. Following the acquisition, the executive vice president now owns 500 shares in the company, valued at $42,500. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 8,000 shares of company stock valued at $680,000 and have sold 37,798 shares valued at $12,535,866. 9.16% of the stock is owned by insiders.

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.