Carroll Advisory Group LLC Buys New Shares in Strategy Inc $MSTR

Carroll Advisory Group LLC purchased a new position in Strategy Inc (NASDAQ:MSTR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,140 shares of the software maker’s stock, valued at approximately $477,000.

A number of other hedge funds have also modified their holdings of MSTR. Vanguard Group Inc. boosted its position in shares of Strategy by 21.0% in the fourth quarter. Vanguard Group Inc. now owns 24,062,886 shares of the software maker’s stock worth $3,656,356,000 after purchasing an additional 4,178,611 shares during the period. Capital Research Global Investors boosted its position in shares of Strategy by 33.6% in the third quarter. Capital Research Global Investors now owns 4,205,258 shares of the software maker’s stock worth $1,354,982,000 after purchasing an additional 1,057,804 shares during the period. Harvest Portfolios Group Inc. boosted its position in shares of Strategy by 119.0% in the third quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker’s stock worth $499,593,000 after purchasing an additional 842,480 shares during the period. State Street Corp boosted its position in shares of Strategy by 9.2% in the third quarter. State Street Corp now owns 5,989,048 shares of the software maker’s stock worth $1,929,731,000 after purchasing an additional 504,479 shares during the period. Finally, Capital International Investors boosted its position in shares of Strategy by 2.6% in the third quarter. Capital International Investors now owns 15,014,295 shares of the software maker’s stock worth $4,837,778,000 after purchasing an additional 383,207 shares during the period. 59.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Strategy news, CFO Andrew Kang sold 5,597 shares of Strategy stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $165.78, for a total value of $927,870.66. Following the completion of the transaction, the chief financial officer directly owned 33,675 shares of the company’s stock, valued at $5,582,641.50. This trade represents a 14.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Phong Le sold 3,299 shares of Strategy stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $138.33, for a total transaction of $456,350.67. Following the completion of the transaction, the chief executive officer directly owned 22,923 shares of the company’s stock, valued at $3,170,938.59. The trade was a 12.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 41,549 shares of company stock valued at $6,510,803 in the last three months. Corporate insiders own 6.49% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on MSTR. Wall Street Zen lowered shares of Strategy from a “hold” rating to a “sell” rating in a research report on Sunday, February 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a research report on Friday, March 27th. Benchmark dropped their price target on shares of Strategy from $705.00 to $570.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Texas Capital upgraded shares of Strategy to a “strong-buy” rating in a research report on Thursday, March 19th. Finally, Mizuho set a $320.00 price target on shares of Strategy and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $322.21.

Strategy News Roundup

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: TD Cowen reiterated a Buy rating and lifted its price target on Strategy, citing continued Bitcoin accumulation and potential upside from the company’s BTC-focused model.
• Positive Sentiment: Reports that Strategy continued buying Bitcoin with capital raised from securities sales reinforce the core bull case that BTC holdings remain the main value driver for MSTR.
• Neutral Sentiment: Michael Saylor’s CNBC comments on tokenization and Strategy’s evolving capital-markets approach support the long-term Bitcoin thesis, but do not create an immediate operating catalyst.
• Negative Sentiment: Investor concern has increased after reports that Strategy may pause Bitcoin buying and could even sell some BTC to support capital-management moves or debt repurchases.
• Negative Sentiment: Zacks Research downgraded Strategy to Strong Sell, adding to bearish sentiment around the stock.
• Negative Sentiment: New insider selling, including CFO Andrew Kang’s stock sale and director Jarrod M. Patten’s disposals, is weighing on confidence in the shares.

Strategy Price Performance

Shares of NASDAQ:MSTR opened at $159.89 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 6.05 and a current ratio of 6.05. The firm has a fifty day moving average price of $152.77 and a 200 day moving average price of $160.66. Strategy Inc has a fifty-two week low of $104.17 and a fifty-two week high of $457.22. The firm has a market cap of $56.03 billion, a price-to-earnings ratio of -3.98 and a beta of 3.59.

Strategy (NASDAQ:MSTR) last issued its earnings results on Tuesday, May 5th. The software maker reported ($38.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.86) by ($37.39). Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The company had revenue of $124.30 million for the quarter, compared to the consensus estimate of $120.75 million. During the same quarter in the prior year, the company posted ($16.49) EPS. Strategy’s revenue was up 11.9% compared to the same quarter last year. As a group, sell-side analysts expect that Strategy Inc will post 116.7 earnings per share for the current fiscal year.

Strategy Profile

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.