Trek Financial LLC Acquires New Holdings in Strategy Incorporated (NASDAQ:MSTR)

Trek Financial LLC purchased a new position in Strategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,342 shares of the software maker's stock, valued at approximately $389,000.

Several other large investors have also bought and sold shares of MSTR. Maryland State Retirement & Pension System grew its stake in shares of Strategy by 0.3% in the fourth quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock worth $2,604,000 after acquiring an additional 30 shares during the period. GPS Wealth Strategies Group LLC lifted its holdings in shares of Strategy by 3.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock valued at $324,000 after buying an additional 35 shares during the period. Versant Capital Management Inc grew its holdings in shares of Strategy by 38.2% in the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock worth $41,000 after acquiring an additional 39 shares during the period. WR Wealth Planners LLC lifted its holdings in Strategy by 22.6% in the fourth quarter. WR Wealth Planners LLC now owns 260 shares of the software maker's stock valued at $75,000 after acquiring an additional 48 shares during the period. Finally, Sterling Investment Advisors Ltd. boosted its position in Strategy by 0.9% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker's stock worth $1,558,000 after purchasing an additional 50 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Strategy Price Performance

Shares of NASDAQ MSTR traded up $23.31 during mid-day trading on Friday, hitting $295.65. 10,781,198 shares of the company's stock traded hands, compared to its average volume of 18,851,656. The company has a market capitalization of $76.09 billion, a P/E ratio of -52.48 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 company's 50-day moving average is $296.76 and its two-hundred day moving average is $304.64. Strategy Incorporated has a 1 year low of $101.00 and a 1 year high of $543.00.

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

Wall Street Analyst Weigh In

MSTR has been the topic of several recent research reports. Sanford C. Bernstein reiterated an "outperform" rating and issued a $600.00 price objective on shares of Strategy in a research note on Thursday, December 12th. Cantor Fitzgerald boosted their price objective on shares of Strategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Keefe, Bruyette & Woods assumed coverage on Strategy in a report on Friday, February 7th. They set an "outperform" rating and a $560.00 price target for the company. Mizuho initiated coverage on Strategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price objective for the company. Finally, Compass Point upgraded shares of Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Strategy presently has a consensus rating of "Moderate Buy" and an average target price of $508.09.

Insider Transactions at Strategy

In other news, Director Leslie J. Rechan sold 15,000 shares of the 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 approximately $1,669,423. This represents a 75.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Andrew Kang sold 2,185 shares of Strategy stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $329.26, for a total value of $719,433.10. Following the completion of the sale, the chief financial officer now owns 15,215 shares of the company's stock, valued at $5,009,690.90. The trade was a 12.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 22,998 shares worth $7,671,926. 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.