Guggenheim Capital LLC Has $12.86 Million Stock Holdings in Strategy Incorporated (NASDAQ:MSTR)

Guggenheim Capital LLC grew its position in Strategy Incorporated (NASDAQ:MSTR) by 1,306.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,394 shares of the software maker’s stock after purchasing an additional 41,238 shares during the quarter. Guggenheim Capital LLC’s holdings in Strategy were worth $12,857,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Garden State Investment Advisory Services LLC lifted its position in Strategy by 1,005.0% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 2,630 shares of the software maker’s stock worth $443,000 after acquiring an additional 2,392 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of Strategy by 979.8% during the 3rd quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker’s stock worth $1,134,000 after purchasing an additional 6,104 shares during the last quarter. Virtu Financial LLC boosted its stake in Strategy by 10,398.4% during the 3rd quarter. Virtu Financial LLC now owns 224,245 shares of the software maker’s stock valued at $37,808,000 after purchasing an additional 222,109 shares during the period. Sanctuary Advisors LLC grew its holdings in Strategy by 3,250.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 14,442 shares of the software maker’s stock valued at $2,435,000 after buying an additional 14,011 shares during the last quarter. Finally, Peapack Gladstone Financial Corp increased its position in Strategy by 900.0% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 2,350 shares of the software maker’s stock worth $396,000 after buying an additional 2,115 shares during the period. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Phong Le purchased 6,000 shares of Strategy stock in a transaction that occurred on Thursday, March 20th. The shares were acquired at an average price of $85.00 per share, for a total transaction of $510,000.00. Following the transaction, the chief executive officer now directly owns 6,000 shares in the company, valued at approximately $510,000. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Jeanine Montgomery sold 481 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $329.27, for a total transaction of $158,378.87. Following the sale, the chief accounting officer now directly owns 7,805 shares in the company, valued at approximately $2,569,952.35. This represents a 5.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have bought 8,000 shares of company stock valued at $680,000 and have sold 22,998 shares valued at $7,671,926. Insiders own 9.16% of the company’s stock.

Strategy Price Performance

Shares of MSTR stock opened at $310.72 on Wednesday. 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 stock’s fifty day simple moving average is $295.00 and its 200 day simple moving average is $307.61. Strategy Incorporated has a one year low of $101.00 and a one year high of $543.00. The firm has a market cap of $79.96 billion, a price-to-earnings ratio of -55.16 and a beta of 3.46.

Strategy (NASDAQ:MSTR) last posted its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Analysts Set New Price Targets

Several research firms have recently weighed in on MSTR. Keefe, Bruyette & Woods assumed coverage on Strategy in a research report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective for the company. Canaccord Genuity Group decreased 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. Mizuho began coverage on shares of Strategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price objective for the company. Cantor Fitzgerald lifted their target price on Strategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Finally, Benchmark reaffirmed a “buy” rating and issued a $650.00 price target on shares of Strategy in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $508.09.

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.