Strategy Incorporated (NASDAQ:MSTR) Stock Holdings Decreased by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 62.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 175,369 shares of the software maker's stock after selling 296,226 shares during the period. Hsbc Holdings PLC owned about 0.07% of Strategy worth $51,136,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Canal Capital Management LLC bought a new position in Strategy during the 4th quarter worth approximately $329,000. OneDigital Investment Advisors LLC bought a new position in Strategy during the fourth quarter worth $484,000. Stifel Financial Corp boosted its holdings in Strategy by 16.8% in the fourth quarter. Stifel Financial Corp now owns 226,310 shares of the software maker's stock worth $65,544,000 after purchasing an additional 32,470 shares during the period. Senator Investment Group LP bought a new stake in Strategy during the fourth quarter valued at $2,693,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Strategy by 168.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 17,142 shares of the software maker's stock worth $4,965,000 after buying an additional 10,755 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Strategy Stock Up 1.3 %

Strategy stock opened at $350.34 on Friday. The company's 50-day moving average price is $294.88 and its two-hundred day moving average price is $314.33. The stock has a market cap of $90.16 billion, a price-to-earnings ratio of -62.19 and a beta of 3.46. 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.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS 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%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Maxim Group boosted their price objective 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. Mizuho initiated coverage on Strategy in a report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target on the stock. Keefe, Bruyette & Woods assumed coverage on Strategy in a research note on Friday, February 7th. They set an "outperform" rating and a $560.00 price objective for the company. Canaccord Genuity Group dropped their target price on Strategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Finally, Compass Point raised shares of Strategy to a "strong-buy" rating in a report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $508.09.

Insider Activity at Strategy

In related news, CAO Jeanine Montgomery sold 481 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $329.27, for a total transaction of $158,378.87. Following the completion of the sale, the chief accounting officer now directly owns 7,805 shares in the company, valued at approximately $2,569,952.35. This trade represents a 5.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Wei-Ming Shao purchased 500 shares of the company's stock in a transaction on 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 acquisition, the executive vice president now directly owns 500 shares of the company's stock, valued at $42,500. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 8,000 shares of company stock valued at $680,000 and sold 34,698 shares valued at $11,403,343. Company insiders own 9.16% of the company's stock.

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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