22,458 Shares in Strategy Incorporated (NASDAQ:MSTR) Acquired by Shelton Capital Management

Shelton Capital Management purchased a new stake in Strategy Incorporated (NASDAQ:MSTR) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 22,458 shares of the software maker’s stock, valued at approximately $6,504,000.

Several other institutional investors also recently made changes to their positions in MSTR. Rathbones Group PLC boosted its holdings in Strategy by 42.7% in the fourth quarter. Rathbones Group PLC now owns 15,076 shares of the software maker’s stock valued at $4,366,000 after acquiring an additional 4,511 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Strategy by 90.3% in the 4th quarter. Cerity Partners LLC now owns 11,743 shares of the software maker’s stock worth $3,314,000 after purchasing an additional 5,573 shares during the period. Trek Financial LLC acquired a new position in shares of Strategy in the 4th quarter valued at about $389,000. Sepio Capital LP grew its holdings in shares of Strategy by 196.8% during the 4th quarter. Sepio Capital LP now owns 5,864 shares of the software maker’s stock worth $1,698,000 after purchasing an additional 3,888 shares during the period. Finally, Peapack Gladstone Financial Corp increased its position in Strategy by 5.3% during the 4th quarter. Peapack Gladstone Financial Corp now owns 2,475 shares of the software maker’s stock worth $717,000 after purchasing an additional 125 shares in the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Strategy Trading Down 11.3 %

Shares of MSTR opened at $237.95 on Wednesday. Strategy Incorporated has a one year low of $101.00 and a one year high of $543.00. The stock has a 50-day moving average price of $299.88 and a 200 day moving average price of $302.84. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The company has a market capitalization of $61.24 billion, a P/E ratio of -42.24 and a beta of 3.46.

Strategy (NASDAQ:MSTR) last announced its 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 net margin of 251.73% and a negative return on equity of 19.01%.

Analyst Upgrades and Downgrades

MSTR has been the topic of a number of recent research reports. Canaccord Genuity Group reduced their price target on shares of Strategy from $510.00 to $409.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Cantor Fitzgerald lifted their target price on shares of Strategy from $613.00 to $619.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Mizuho started coverage on Strategy in a report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price target for the company. Keefe, Bruyette & Woods began coverage on Strategy in a research report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective on the stock. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $600.00 target price on shares of Strategy in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $508.09.

Insider Buying and Selling at Strategy

In other Strategy news, Director Leslie J. Rechan sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the sale, the director now 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 through this link. Also, EVP Wei-Ming Shao bought 500 shares of the firm’s stock in a transaction dated Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, with a total value of $42,500.00. Following the transaction, the executive vice president now owns 500 shares in the company, valued at approximately $42,500. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 22,998 shares worth $7,671,926. 9.16% of the stock is currently owned by insiders.

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.