Jeanine Montgomery Sells 339 Shares of Strategy Incorporated (NASDAQ:MSTR) Stock

Strategy Incorporated (NASDAQ:MSTR) CAO Jeanine Montgomery sold 339 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $374.55, for a total transaction of $126,972.45. Following the completion of the sale, the chief accounting officer now owns 8,605 shares of the company’s stock, valued at approximately $3,223,002.75. This trade represents a 3.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Jeanine Montgomery also recently made the following trade(s):

• On Thursday, June 5th, Jeanine Montgomery sold 1 shares of Strategy stock. The shares were sold at an average price of $370.70, for a total transaction of $370.70.
• On Monday, March 24th, Jeanine Montgomery sold 481 shares of Strategy stock. The shares were sold at an average price of $329.27, for a total transaction of $158,378.87.

Strategy Stock Down 0.2%

MSTR opened at $391.18 on Wednesday. The company has a 50 day moving average of $358.95 and a 200 day moving average of $341.80. The company has a market cap of $106.95 billion, a PE ratio of -69.44 and a beta of 3.73. Strategy Incorporated has a 12 month low of $102.40 and a 12 month high of $543.00. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) EPS for the quarter, missing the consensus estimate of ($0.02) by ($16.47). The business had revenue of $111.07 million during the quarter, compared to the consensus estimate of $116.66 million. Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%. The firm’s quarterly revenue was down 3.6% on a year-over-year basis. During the same period last year, the business posted ($0.83) earnings per share.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Maryland State Retirement & Pension System boosted 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 purchasing an additional 30 shares during the period. Family Management Corp boosted its holdings in Strategy by 2.2% in the 4th quarter. Family Management Corp now owns 1,370 shares of the software maker’s stock valued at $397,000 after purchasing an additional 30 shares during the period. Oder Investment Management LLC boosted its holdings in Strategy by 3.1% in the 4th 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 during the period. Summit Financial LLC boosted its holdings in Strategy by 5.3% in the 1st quarter. Summit Financial LLC now owns 815 shares of the software maker’s stock valued at $235,000 after purchasing an additional 41 shares during the period. Finally, Rothschild Investment LLC boosted its holdings in Strategy by 2.3% in the 1st quarter. Rothschild Investment LLC now owns 2,049 shares of the software maker’s stock valued at $591,000 after purchasing an additional 46 shares during the period. 59.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

MSTR has been the subject of several analyst reports. Barclays reiterated a “hold” rating on shares of Strategy in a research note on Monday, May 19th. Cantor Fitzgerald restated a “hold” rating on shares of Strategy in a research note on Monday, May 19th. Monness Crespi & Hardt lowered shares of Strategy from a “neutral” rating to a “sell” rating and set a $220.00 price target for the company. in a research note on Tuesday, April 1st. Canaccord Genuity Group restated a “buy” rating on shares of Strategy in a research note on Monday, May 19th. Finally, UBS Group restated a “buy” rating on shares of Strategy in a research note on Friday, May 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $514.42.

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.