1,298 Shares in Strategy Incorporated (NASDAQ:MSTR) Purchased by Tradition Wealth Management LLC

Tradition Wealth Management LLC acquired a new stake in Strategy Incorporated (NASDAQ:MSTR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,298 shares of the software maker’s stock, valued at approximately $376,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Quadrant Capital Group LLC lifted its holdings in Strategy by 855.6% during 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 last quarter. Riverview Trust Co bought a new position in shares of Strategy in the fourth quarter valued at about $25,000. IAG Wealth Partners LLC bought a new position in shares of Strategy in the fourth quarter valued at about $25,000. Parkside Financial Bank & Trust lifted its stake in shares of Strategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after buying an additional 76 shares during the last quarter. Finally, Aspect Partners LLC bought a new stake in shares of Strategy during the 4th quarter worth about $28,000. 59.84% of the stock is currently owned by institutional investors.

Insider Transactions at Strategy

In other Strategy news, Director Leslie J. Rechan sold 15,000 shares of the business’s stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the sale, the director now owns 4,970 shares of the company’s stock, valued at approximately $1,669,423. The trade was a 75.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Wei-Ming Shao sold 10,000 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $315.00, for a total value of $3,150,000.00. Following the completion of the transaction, the executive vice president now owns 10,597 shares of the company’s stock, valued at $3,338,055. The trade was a 48.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 32,998 shares valued at $10,821,926. Company insiders own 9.16% of the company’s stock.

Strategy Stock Performance

NASDAQ MSTR opened at $317.76 on Tuesday. Strategy Incorporated has a 1 year low of $101.00 and a 1 year high of $543.00. The firm has a market capitalization of $81.78 billion, a price-to-earnings ratio of -56.41 and a beta of 3.46. 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’s 50 day simple moving average is $294.10 and its 200 day simple moving average is $312.76.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Analyst Ratings Changes

MSTR has been the topic of several research analyst reports. Canaccord Genuity Group lowered their price target on shares of Strategy from $510.00 to $409.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Mizuho initiated coverage on Strategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target for the company. Maxim Group increased their price objective on Strategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Monness Crespi & Hardt cut shares of Strategy from a “neutral” rating to a “sell” rating and set a $220.00 target price for the company. in a research report on Tuesday, April 1st. Finally, Keefe, Bruyette & Woods began coverage on shares of Strategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective for the company. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $508.09.

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.