XTX Topco Ltd Sells 5,430 Shares of Strategy Incorporated (NASDAQ:MSTR)

XTX Topco Ltd lowered its stake in Strategy Incorporated (NASDAQ:MSTR) by 36.2% during the fourth quarter, Holdings Channel reports. The firm owned 9,561 shares of the software maker’s stock after selling 5,430 shares during the period. XTX Topco Ltd’s holdings in Strategy were worth $2,769,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MSTR. Maryland State Retirement & Pension System increased its holdings in Strategy by 0.3% in the 4th quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker’s stock valued at $2,604,000 after buying an additional 30 shares during the period. GPS Wealth Strategies Group LLC increased its stake in Strategy by 3.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker’s stock valued at $324,000 after acquiring an additional 35 shares during the last quarter. Oder Investment Management LLC raised its position in Strategy by 3.1% during the fourth quarter. Oder Investment Management LLC now owns 1,268 shares of the software maker’s stock valued at $367,000 after purchasing an additional 38 shares in the last quarter. Versant Capital Management Inc lifted its stake in Strategy by 38.2% during the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock worth $41,000 after purchasing an additional 39 shares during the last quarter. Finally, WR Wealth Planners LLC boosted its holdings in shares of Strategy by 22.6% in the 4th quarter. WR Wealth Planners LLC now owns 260 shares of the software maker’s stock valued at $75,000 after purchasing an additional 48 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insiders Place Their Bets

In other Strategy news, CFO Andrew Kang purchased 1,500 shares of the business’s stock in a transaction on Thursday, March 20th. The shares were purchased at an average cost of $85.00 per share, for a total transaction of $127,500.00. Following the acquisition, the chief financial officer now owns 1,500 shares of the company’s stock, valued at approximately $127,500. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Wei-Ming Shao acquired 500 shares of the stock in a transaction dated Thursday, March 20th. The stock was bought at an average price of $85.00 per share, with a total value of $42,500.00. Following the purchase, the executive vice president now directly owns 500 shares in the company, valued at $42,500. This represents a ? increase in their ownership of the stock. 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 22,998 shares worth $7,671,926. Company insiders own 9.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MSTR. Barclays reduced their price objective on Strategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Mizuho assumed coverage on shares of Strategy in a research note on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price target on the stock. Canaccord Genuity Group lowered their price objective on shares of Strategy from $510.00 to $409.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Monness Crespi & Hardt lowered shares of Strategy from a “neutral” rating to a “sell” rating and set a $220.00 target price on the stock. in a research report on Tuesday, April 1st. Finally, Compass Point upgraded shares of Strategy to a “strong-buy” rating in a report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $508.09.

Strategy Price Performance

Shares of MSTR opened at $299.98 on Monday. The business has a 50-day moving average of $295.80 and a 200-day moving average of $306.65. Strategy Incorporated has a 1 year low of $101.00 and a 1 year high of $543.00. The company has a market capitalization of $77.20 billion, a price-to-earnings ratio of -53.25 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.

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 analysts’ consensus estimates of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

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.