Strategy Incorporated (NASDAQ:MSTR) Position Increased by Janus Henderson Group PLC

Janus Henderson Group PLC raised its position in Strategy Incorporated (NASDAQ:MSTR) by 12.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,200 shares of the software maker’s stock after purchasing an additional 1,500 shares during the quarter. Janus Henderson Group PLC’s holdings in Strategy were worth $3,825,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MSTR. Franklin Resources Inc. raised its stake in shares of Strategy by 3.3% in the 3rd quarter. Franklin Resources Inc. now owns 4,248 shares of the software maker’s stock valued at $716,000 after acquiring an additional 135 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Strategy by 94.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 4,988 shares of the software maker’s stock valued at $1,445,000 after purchasing an additional 2,423 shares during the period. Merit Financial Group LLC lifted its stake in shares of Strategy by 36.4% in the fourth quarter. Merit Financial Group LLC now owns 7,477 shares of the software maker’s stock worth $2,165,000 after buying an additional 1,997 shares during the last quarter. Brooklyn Investment Group bought a new stake in shares of Strategy during the 4th quarter worth $63,000. Finally, HB Wealth Management LLC boosted its holdings in shares of Strategy by 45.7% during the 4th quarter. HB Wealth Management LLC now owns 2,737 shares of the software maker’s stock worth $797,000 after buying an additional 858 shares during the period. 59.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSTR has been the topic of a number of recent analyst reports. Monness Crespi & Hardt lowered Strategy from a “neutral” rating to a “sell” rating and set a $220.00 price objective on the stock. in a research note on Tuesday, April 1st. Cantor Fitzgerald reaffirmed a “hold” rating on shares of Strategy in a report on Monday. Barclays reaffirmed a “hold” rating on shares of Strategy in a research note on Monday. HC Wainwright initiated coverage on shares of Strategy in a report on Tuesday, April 29th. They set a “buy” rating and a $480.00 price objective for the company. Finally, Mizuho started coverage on Strategy in a research note on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and a consensus price target of $514.42.

Insider Transactions at Strategy

In other Strategy news, Director Leslie J. Rechan sold 15,000 shares of the stock in a transaction dated 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 directly owns 4,970 shares in the company, valued at $1,669,423. This represents a 75.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Wei-Ming Shao purchased 500 shares of the firm’s stock in a transaction dated Thursday, March 20th. The stock was acquired at an average price of $85.00 per share, for a total transaction of $42,500.00. Following the purchase, the executive vice president now owns 500 shares in the company, valued at approximately $42,500. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 8,000 shares of company stock worth $680,000 and have sold 41,198 shares worth $13,901,970. 9.16% of the stock is owned by corporate insiders.

Strategy Trading Up 3.4%

Strategy stock opened at $413.42 on Tuesday. The firm has a 50-day moving average of $334.23 and a 200-day moving average of $336.83. Strategy Incorporated has a one year low of $102.40 and a one year high of $543.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The company has a market cap of $113.03 billion, a price-to-earnings ratio of -73.39 and a beta of 3.79.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings results on Thursday, May 1st. The software maker reported ($16.49) EPS 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 the consensus estimate of $116.66 million. During the same quarter in the previous year, the business posted ($0.83) EPS. The company’s revenue for the quarter was down 3.6% on a year-over-year basis.

About Strategy

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.