Strategy Incorporated (NASDAQ:MSTR) Shares Purchased by Visionary Wealth Advisors

Visionary Wealth Advisors raised its stake in shares of Strategy Incorporated (NASDAQ:MSTR) by 37.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,572 shares of the software maker’s stock after purchasing an additional 2,351 shares during the period. Visionary Wealth Advisors’ holdings in Strategy were worth $2,482,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Riverview Trust Co acquired a new stake in shares of Strategy in the fourth quarter worth $25,000. IAG Wealth Partners LLC acquired a new stake in shares of Strategy in the fourth quarter worth $25,000. Quadrant Capital Group LLC increased its position in shares of Strategy by 855.6% in the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker’s stock worth $25,000 after acquiring an additional 77 shares in the last quarter. Dunhill Financial LLC acquired a new stake in shares of Strategy in the fourth quarter worth $26,000. Finally, Parkside Financial Bank & Trust increased its position in shares of Strategy by 422.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

Strategy Trading Up 3.4%

NASDAQ MSTR opened at $413.42 on Tuesday. Strategy Incorporated has a 12 month low of $102.40 and a 12 month high of $543.00. 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 has a market capitalization of $113.03 billion, a price-to-earnings ratio of -73.39 and a beta of 3.79. The company’s fifty day moving average price is $334.23 and its two-hundred day moving average price is $336.83.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($16.47). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%. The company had revenue of $111.07 million for the quarter, compared to the consensus estimate of $116.66 million. During the same quarter last year, the company earned ($0.83) earnings per share. The company’s revenue was down 3.6% compared to the same quarter last year.

Insider Buying and Selling at Strategy

In other Strategy news, EVP Wei-Ming Shao purchased 500 shares of Strategy stock in a transaction dated Thursday, March 20th. The shares were bought at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the transaction, the executive vice president now owns 500 shares in the company, valued at $42,500. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jarrod M. Patten sold 1,100 shares of the firm’s stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $427.00, for a total transaction of $469,700.00. Following the completion of the transaction, the director now owns 9,170 shares in the company, valued at approximately $3,915,590. The trade was a 10.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 41,198 shares worth $13,901,970. 9.16% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on MSTR. Monness Crespi & Hardt lowered shares of Strategy from a “neutral” rating to a “sell” rating and set a $220.00 price objective for the company. in a research report on Tuesday, April 1st. Barclays restated a “hold” rating on shares of Strategy in a research note on Monday. BTIG Research restated a “buy” rating on shares of Strategy in a research note on Wednesday, May 14th. UBS Group restated a “buy” rating on shares of Strategy in a research note on Friday. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Strategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 target price for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Strategy presently has an average rating of “Moderate Buy” and an average target price of $514.42.

Strategy 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.