Strategy Incorporated (NASDAQ:MSTR) CEO Acquires $382,500.00 in Stock

Strategy Incorporated (NASDAQ:MSTRGet Free Report) CEO Phong Le purchased 4,500 shares of the business’s stock in a transaction on Thursday, June 5th. The shares were purchased at an average price of $85.00 per share, with a total value of $382,500.00. Following the acquisition, the chief executive officer now directly owns 4,500 shares in the company, valued at $382,500. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Phong Le also recently made the following trade(s):

  • On Friday, June 6th, Phong Le sold 5,295 shares of Strategy stock. The shares were sold at an average price of $374.54, for a total value of $1,983,189.30.
  • On Monday, March 24th, Phong Le sold 3,281 shares of Strategy stock. The stock was sold at an average price of $329.26, for a total transaction of $1,080,302.06.
  • On Thursday, March 20th, Phong Le acquired 6,000 shares of Strategy stock. The shares were acquired at an average price of $85.00 per share, with a total value of $510,000.00.

Strategy Stock Down 0.2%

Shares of MSTR opened at $391.18 on Wednesday. The firm has a fifty day moving average price of $358.95 and a 200-day moving average price of $341.80. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $106.95 billion, a P/E ratio of -69.44 and a beta of 3.73. Strategy Incorporated has a 12-month low of $102.40 and a 12-month high of $543.00.

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

Wall Street Analysts Forecast Growth

MSTR has been the topic of several recent research reports. UBS Group restated a “buy” rating on shares of Strategy in a research report on Friday, May 16th. Cantor Fitzgerald restated a “hold” rating on shares of Strategy in a research report on Monday, May 19th. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Strategy in a research note on Monday, May 19th. HC Wainwright initiated coverage on Strategy in a research report on Tuesday, April 29th. They set a “buy” rating and a $480.00 target price on the stock. Finally, BTIG Research restated a “buy” rating on shares of Strategy in a research report on Wednesday, May 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $514.42.

Read Our Latest Analysis on MSTR

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Proficio Capital Partners LLC purchased a new position in shares of Strategy during the fourth quarter valued at $81,783,000. Clarity Capital Partners LLC grew its holdings in Strategy by 122.3% during the 4th quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker’s stock worth $7,274,000 after acquiring an additional 13,817 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Strategy by 14.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker’s stock valued at $220,626,000 after purchasing an additional 97,515 shares during the period. Chung Wu Investment Group LLC bought a new stake in shares of Strategy in the 4th quarter valued at about $850,000. Finally, Crew Capital Management Ltd. bought a new position in shares of Strategy during the fourth quarter valued at approximately $333,000. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Strategy Company Profile

(Get Free Report)

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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