Guggenheim Capital LLC Buys 41,238 Shares of Strategy Incorporated (NASDAQ:MSTR)

Guggenheim Capital LLC raised its stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 1,306.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 44,394 shares of the software maker's stock after buying an additional 41,238 shares during the period. Guggenheim Capital LLC's holdings in Strategy were worth $12,857,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Proficio Capital Partners LLC purchased a new stake in Strategy during the fourth quarter valued at $81,783,000. Clarity Capital Partners LLC increased its position 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 valued at $7,274,000 after purchasing an additional 13,817 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Strategy in the 3rd quarter worth approximately $254,000. Wellington Management Group LLP boosted its holdings in shares of Strategy by 979.8% in the third quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker's stock worth $1,134,000 after buying an additional 6,104 shares during the last quarter. Finally, Virtu Financial LLC grew its position in Strategy by 10,398.4% during the third quarter. Virtu Financial LLC now owns 224,245 shares of the software maker's stock valued at $37,808,000 after buying an additional 222,109 shares during the period. 59.84% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Andrew Kang acquired 1,500 shares of Strategy stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average cost of $85.00 per share, with a total value of $127,500.00. Following the transaction, the chief financial officer now directly owns 1,500 shares of the company's stock, valued at $127,500. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Leslie J. Rechan sold 15,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total value 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 trade represents a 75.11 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 32,998 shares valued at $10,821,926. Corporate insiders own 9.16% of the company's stock.

Strategy Price Performance

MSTR stock traded up $5.54 during trading on Friday, hitting $317.20. 13,470,411 shares of the company's stock traded hands, compared to its average volume of 17,971,464. Strategy Incorporated has a 52 week low of $101.00 and a 52 week high of $543.00. The stock has a market capitalization of $81.63 billion, a price-to-earnings ratio of -56.31 and a beta of 3.46. The business has a fifty day simple moving average of $294.28 and a 200 day simple moving average of $311.77. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its 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%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MSTR shares. Cantor Fitzgerald boosted their price objective on 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 lowered their price target on Strategy from $510.00 to $409.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Barclays dropped their price target on Strategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. Compass Point upgraded shares of Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Finally, Mizuho assumed coverage on shares of Strategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 target price for the company. One research 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 company's stock. Based on data from MarketBeat, the stock 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.