Captrust Financial Advisors Grows Position in Strategy Incorporated (NASDAQ:MSTR)

Captrust Financial Advisors raised its stake in shares of Strategy Incorporated (NASDAQ:MSTR) by 68.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,050 shares of the software maker’s stock after acquiring an additional 3,279 shares during the period. Captrust Financial Advisors’ holdings in Strategy were worth $2,331,000 as of its most recent SEC filing.

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

Strategy Trading Up 0.4%

Shares of Strategy stock opened at $415.93 on Monday. The stock has a market capitalization of $107.04 billion, a P/E ratio of -73.84 and a beta of 3.79. Strategy Incorporated has a 52-week low of $102.40 and a 52-week high of $543.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The stock’s 50-day simple moving average is $318.40 and its 200 day simple moving average is $329.95.

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 the consensus estimate 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 during the quarter, compared to analysts’ expectations of $116.66 million. During the same quarter in the previous year, the business earned ($0.83) EPS. Strategy’s revenue for the quarter was down 3.6% on a year-over-year basis.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MSTR shares. Benchmark reaffirmed a “buy” rating and issued a $650.00 target price on shares of Strategy in a report on Tuesday, January 14th. Compass Point raised Strategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Cantor Fitzgerald decreased their target price on Strategy from $619.00 to $614.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. HC Wainwright started coverage on Strategy in a research note on Tuesday, April 29th. They set a “buy” rating and a $480.00 target price on the stock. Finally, Canaccord Genuity Group boosted their price target on shares of Strategy from $409.00 to $464.00 and gave the stock a “buy” rating in a report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and an average price target of $514.42.

Insider Activity at Strategy

In related news, Director Leslie J. Rechan sold 15,000 shares of the business’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the sale, the director now directly owns 4,970 shares in the company, valued at approximately $1,669,423. The trade was a 75.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Wei-Ming Shao acquired 500 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average cost of $85.00 per share, for a total transaction 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 disclosure for this purchase can be found here. In the last ninety days, insiders acquired 8,000 shares of company stock worth $680,000 and sold 40,098 shares worth $13,432,270. 9.16% of the stock is owned by company insiders.

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.