2,700 Shares in Strategy Incorporated (NASDAQ:MSTR) Acquired by Bokf Na

Bokf Na purchased a new stake in Strategy Incorporated (NASDAQ:MSTR) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 2,700 shares of the software maker’s stock, valued at approximately $782,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Riverview Trust Co bought a new stake in Strategy in the 4th quarter valued at $25,000. IAG Wealth Partners LLC acquired a new stake in shares of Strategy in the 4th quarter valued at about $25,000. Quadrant Capital Group LLC raised its stake in shares of Strategy by 855.6% in the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker’s stock valued at $25,000 after purchasing an additional 77 shares during the period. Parkside Financial Bank & Trust lifted its holdings 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 valued at $27,000 after purchasing an additional 76 shares in the last quarter. Finally, Aspect Partners LLC acquired a new position in shares of Strategy during the fourth quarter worth about $28,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insider Activity

In other news, EVP Wei-Ming Shao acquired 500 shares of the firm’s stock in a transaction on Thursday, March 20th. The shares were purchased at an average cost of $85.00 per share, with a total value of $42,500.00. Following the acquisition, the executive vice president now directly owns 500 shares in the company, valued at $42,500. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Jeanine Montgomery sold 481 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $329.27, for a total value of $158,378.87. Following the transaction, the chief accounting officer now owns 7,805 shares in the company, valued at $2,569,952.35. The trade was a 5.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have purchased 8,000 shares of company stock valued at $680,000 and have sold 40,098 shares valued at $13,432,270. Insiders own 9.16% of the company’s stock.

Wall Street Analyst Weigh In

MSTR has been the topic of a number of recent research reports. Maxim Group boosted their target price on Strategy from $480.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Compass Point raised shares of Strategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Canaccord Genuity Group raised their target price on shares of Strategy from $409.00 to $464.00 and gave the company a “buy” rating in a research report on Friday, May 2nd. Monness Crespi & Hardt cut shares of Strategy from a “neutral” rating to a “sell” rating and set a $220.00 price target on the stock. in a research report on Tuesday, April 1st. Finally, Cantor Fitzgerald decreased their price objective on Strategy from $619.00 to $614.00 and set an “overweight” rating for the company in a report on Monday, May 5th. One equities research analyst has rated the stock with a sell rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Strategy has a consensus rating of “Moderate Buy” and a consensus price target of $514.42.

Strategy Price Performance

Shares of NASDAQ MSTR opened at $415.93 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The business’s 50 day moving average price is $318.40 and its two-hundred day moving average price is $328.50. The company has a market cap of $107.04 billion, a PE ratio of -73.84 and a beta of 3.79. Strategy Incorporated has a twelve month low of $102.40 and a twelve month high of $543.00.

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

Strategy Company 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.