National Pension Service Boosts Stock Holdings in Strategy Inc $MSTR

National Pension Service grew its position in shares of Strategy Inc (NASDAQ:MSTRFree Report) by 20.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 614,409 shares of the software maker’s stock after acquiring an additional 102,769 shares during the quarter. National Pension Service’s holdings in Strategy were worth $93,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of MSTR. Vanguard Group Inc. boosted its holdings in Strategy by 21.0% during the 4th quarter. Vanguard Group Inc. now owns 24,062,886 shares of the software maker’s stock worth $3,656,356,000 after acquiring an additional 4,178,611 shares during the last quarter. Capital Research Global Investors boosted its holdings in Strategy by 33.6% during the 3rd quarter. Capital Research Global Investors now owns 4,205,258 shares of the software maker’s stock worth $1,354,982,000 after acquiring an additional 1,057,804 shares during the last quarter. Harvest Portfolios Group Inc. boosted its holdings in Strategy by 119.0% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker’s stock worth $499,593,000 after acquiring an additional 842,480 shares during the last quarter. State Street Corp boosted its holdings in Strategy by 9.2% during the 3rd quarter. State Street Corp now owns 5,989,048 shares of the software maker’s stock worth $1,929,731,000 after acquiring an additional 504,479 shares during the last quarter. Finally, Capital International Investors boosted its holdings in Strategy by 2.6% during the 3rd quarter. Capital International Investors now owns 15,014,295 shares of the software maker’s stock worth $4,837,778,000 after acquiring an additional 383,207 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MSTR has been the topic of a number of analyst reports. Zacks Research downgraded shares of Strategy from a “hold” rating to a “strong sell” rating in a report on Monday, May 18th. BTIG Research reissued a “buy” rating and issued a $350.00 price target (up from $250.00) on shares of Strategy in a report on Wednesday, May 6th. Texas Capital raised shares of Strategy to a “strong-buy” rating in a report on Thursday, March 19th. Benchmark cut their price target on shares of Strategy from $705.00 to $570.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Wall Street Zen downgraded shares of Strategy from a “hold” rating to a “sell” rating in a report on Sunday, February 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Strategy presently has a consensus rating of “Moderate Buy” and an average price target of $322.21.

Check Out Our Latest Research Report on MSTR

Insider Buying and Selling

In other Strategy news, CEO Phong Le sold 3,299 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $138.33, for a total transaction of $456,350.67. Following the sale, the chief executive officer directly owned 22,923 shares of the company’s stock, valued at $3,170,938.59. This represents 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 available through this link. Also, Director Jarrod M. Patten sold 3,400 shares of the company’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $130.65, for a total transaction of $444,210.00. Following the sale, the director directly owned 28,000 shares in the company, valued at approximately $3,658,200. This trade represents a 10.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 41,549 shares of company stock valued at $6,510,803. 6.49% of the stock is owned by insiders.

Strategy Price Performance

Shares of NASDAQ:MSTR opened at $159.09 on Friday. The company’s 50-day moving average is $154.16 and its 200 day moving average is $157.43. The company has a debt-to-equity ratio of 0.22, a quick ratio of 6.05 and a current ratio of 6.05. The company has a market capitalization of $55.75 billion, a P/E ratio of -3.96 and a beta of 3.59. Strategy Inc has a fifty-two week low of $104.17 and a fifty-two week high of $457.22.

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

Key Strategy News

Here are the key news stories impacting Strategy this week:

Strategy Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Strategy (NASDAQ:MSTR)

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