Capital International Sarl Purchases 5,829 Shares of Strategy Incorporated (NASDAQ:MSTR)

Capital International Sarl lifted its position in shares of Strategy Incorporated (NASDAQ:MSTR) by 308.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,717 shares of the software maker’s stock after purchasing an additional 5,829 shares during the quarter. Capital International Sarl’s holdings in Strategy were worth $2,235,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. CANADA LIFE ASSURANCE Co raised its stake in shares of Strategy by 14.3% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 75,691 shares of the software maker’s stock valued at $21,913,000 after buying an additional 9,475 shares in the last quarter. Farringdon Capital Ltd. bought a new position in Strategy during the fourth quarter worth about $258,000. Garden State Investment Advisory Services LLC boosted its holdings in Strategy by 2.9% during the fourth quarter. Garden State Investment Advisory Services LLC now owns 2,705 shares of the software maker’s stock valued at $783,000 after purchasing an additional 75 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Strategy by 61.7% in the 4th quarter. NewEdge Advisors LLC now owns 43,091 shares of the software maker’s stock valued at $12,480,000 after purchasing an additional 16,446 shares during the period. Finally, Finer Wealth Management Inc. acquired a new position in shares of Strategy in the 4th quarter worth approximately $6,506,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Wei-Ming Shao purchased 500 shares of Strategy stock in a transaction dated Thursday, March 20th. The shares were acquired 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 directly owns 500 shares of the company’s stock, valued at approximately $42,500. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Leslie J. Rechan sold 15,000 shares of the stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total value of $5,038,500.00. Following the completion of the transaction, the director now directly owns 4,970 shares in the company, valued at $1,669,423. The trade was a 75.11 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 8,000 shares of company stock valued at $680,000 and sold 32,998 shares valued at $10,821,926. 9.16% of the stock is currently owned by insiders.

Analyst Ratings Changes

MSTR has been the topic of several recent analyst reports. Keefe, Bruyette & Woods assumed coverage on Strategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 price target on the stock. Compass Point raised shares of Strategy to a “strong-buy” rating in a report on Wednesday, January 29th. Mizuho began coverage on shares of Strategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target for the company. Barclays decreased their price objective on shares of Strategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Finally, Maxim Group lifted their target price on shares of Strategy from $480.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Strategy has an average rating of “Moderate Buy” and a consensus price target of $508.09.

Strategy Stock Performance

MSTR stock opened at $317.20 on Friday. The stock has a market capitalization of $81.63 billion, a PE ratio of -56.31 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 has a 50 day moving average price of $294.28 and a 200 day moving average price of $309.73. Strategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate 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.