Strategy Incorporated (NASDAQ:MSTR) Holdings Reduced by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC lessened its holdings in shares of Strategy Incorporated (NASDAQ:MSTR) by 36.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,127 shares of the software maker’s stock after selling 1,230 shares during the period. Insigneo Advisory Services LLC’s holdings in Strategy were worth $616,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MSTR. Quadrant Capital Group LLC raised its stake in Strategy by 855.6% during the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker’s stock valued at $25,000 after acquiring an additional 77 shares in the last quarter. Riverview Trust Co bought a new stake in shares of Strategy during the fourth quarter valued at about $25,000. IAG Wealth Partners LLC acquired a new stake in Strategy in the fourth quarter worth about $25,000. Parkside Financial Bank & Trust grew its position in 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 in the last quarter. Finally, Aspect Partners LLC acquired a new position in Strategy during the 4th quarter valued at about $28,000. 59.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MSTR. Cantor Fitzgerald upped their price target on shares of Strategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Maxim Group increased their price target on Strategy from $480.00 to $500.00 and gave the company a “buy” 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 research report on Thursday, February 6th. Monness Crespi & Hardt lowered Strategy from a “neutral” rating to a “sell” rating and set a $220.00 price objective for the company. in a report on Tuesday, April 1st. Finally, Benchmark reiterated a “buy” rating and issued a $650.00 price target on shares of Strategy in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $508.09.

Insider Buying and Selling at Strategy

In related news, CEO Phong Le purchased 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, for a total transaction of $510,000.00. Following the completion of the acquisition, the chief executive officer now owns 6,000 shares in the company, valued at $510,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Andrew Kang acquired 1,500 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average cost of $85.00 per share, for a total transaction of $127,500.00. Following the completion of the transaction, the chief financial officer now directly owns 1,500 shares of the company’s stock, valued at $127,500. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have bought 8,000 shares of company stock valued at $680,000 and have sold 32,998 shares valued at $10,821,926. Company insiders own 9.16% of the company’s stock.

Strategy Price Performance

NASDAQ MSTR opened at $317.20 on Friday. 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 Incorporated has a 1 year low of $101.00 and a 1 year high of $543.00. The company has a market cap of $81.63 billion, a PE ratio of -56.31 and a beta of 3.46. The stock’s 50-day moving average price is $294.33 and its two-hundred day moving average price is $308.67.

Strategy (NASDAQ:MSTR) last released its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (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%.

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.