3,140 Shares in Strategy Inc $MSTR Purchased by Carroll Advisory Group LLC

Carroll Advisory Group LLC bought a new position in Strategy Inc (NASDAQ:MSTR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,140 shares of the software maker’s stock, valued at approximately $477,000.

Several other hedge funds and other institutional investors have also bought and sold shares of MSTR. Dogwood Wealth Management LLC boosted its holdings in shares of Strategy by 280.0% during the 4th quarter. Dogwood Wealth Management LLC now owns 190 shares of the software maker’s stock valued at $29,000 after acquiring an additional 140 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Strategy during the third quarter valued at approximately $32,000. Binnacle Investments Inc lifted its position in Strategy by 492.9% during the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after purchasing an additional 69 shares during the period. City State Bank lifted its position in Strategy by 354.5% during the fourth quarter. City State Bank now owns 250 shares of the software maker’s stock valued at $38,000 after purchasing an additional 195 shares during the period. Finally, Cheviot Value Management LLC purchased a new stake in Strategy in the third quarter worth approximately $39,000. Institutional investors own 59.84% of the company’s stock.

Analysts Set New Price Targets

MSTR has been the subject of a number of research analyst reports. TD Cowen lifted their target price on shares of Strategy from $395.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. B. Riley Financial lifted their target price on shares of Strategy from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Texas Capital raised shares of Strategy to a “strong-buy” rating in a research report on Thursday, March 19th. Canaccord Genuity Group set a $224.00 target price on shares of Strategy and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $350.00 target price (up from $250.00) on shares of Strategy in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $322.21.

Strategy Stock Down 3.0%

Shares of MSTR stock opened at $159.89 on Friday. Strategy Inc has a 12 month low of $104.17 and a 12 month high of $457.22. The stock has a market cap of $56.03 billion, a P/E ratio of -3.98 and a beta of 3.59. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.22. The company has a 50 day simple moving average of $152.77 and a two-hundred day simple moving average of $160.66.

Strategy (NASDAQ:MSTR) last announced its earnings results on Tuesday, May 5th. The software maker reported ($38.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.86) by ($37.39). Strategy had a negative net margin of 2,482.01% and a negative return on equity of 26.97%. The business had revenue of $124.30 million for the quarter, compared to analysts’ expectations of $120.75 million. During the same period in the prior year, the company posted ($16.49) earnings per share. The firm’s quarterly revenue was up 11.9% on a year-over-year basis. On average, research analysts expect that Strategy Inc will post 116.7 earnings per share for the current year.

Trending Headlines about Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: TD Cowen reiterated a Buy rating and lifted its price target on Strategy, citing continued Bitcoin accumulation and potential upside from the company’s BTC-focused model.
• Positive Sentiment: Reports that Strategy continued buying Bitcoin with capital raised from securities sales reinforce the core bull case that BTC holdings remain the main value driver for MSTR.
• Neutral Sentiment: Michael Saylor’s CNBC comments on tokenization and Strategy’s evolving capital-markets approach support the long-term Bitcoin thesis, but do not create an immediate operating catalyst.
• Negative Sentiment: Investor concern has increased after reports that Strategy may pause Bitcoin buying and could even sell some BTC to support capital-management moves or debt repurchases.
• Negative Sentiment: Zacks Research downgraded Strategy to Strong Sell, adding to bearish sentiment around the stock.
• Negative Sentiment: New insider selling, including CFO Andrew Kang’s stock sale and director Jarrod M. Patten’s disposals, is weighing on confidence in the shares.

Insider Buying and Selling

In related news, CEO Phong Le sold 3,299 shares of Strategy stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $138.33, for a total transaction of $456,350.67. Following the transaction, the chief executive officer directly owned 22,923 shares in the company, valued at approximately $3,170,938.59. The trade was a 12.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Andrew Kang sold 5,597 shares of Strategy stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $165.78, for a total value of $927,870.66. Following the transaction, the chief financial officer owned 33,675 shares in the company, valued at $5,582,641.50. This trade represents a 14.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 41,549 shares of company stock valued at $6,510,803. 6.49% of the stock is owned by company insiders.

Strategy Company Profile

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.