Strategy Incorporated (NASDAQ:MSTR) Holdings Raised by Guggenheim Capital LLC

Guggenheim Capital LLC lifted its position in shares of Strategy Incorporated (NASDAQ:MSTR) by 1,306.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,394 shares of the software maker’s stock after acquiring an additional 41,238 shares during the period. Guggenheim Capital LLC’s holdings in Strategy were worth $12,857,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MSTR. Riverview Trust Co bought a new stake in shares of Strategy in the 4th quarter worth approximately $25,000. IAG Wealth Partners LLC bought a new stake in Strategy in the fourth quarter valued at $25,000. Quadrant Capital Group LLC boosted its holdings in shares of Strategy by 855.6% during the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker’s stock valued at $25,000 after acquiring an additional 77 shares during the period. Parkside Financial Bank & Trust grew its position in shares of Strategy by 422.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after acquiring an additional 76 shares during the last quarter. Finally, Aspect Partners LLC acquired a new stake in shares of Strategy in the 4th quarter worth about $28,000. 59.84% of the stock is currently owned by institutional investors.

Insider Activity at Strategy

In other news, Director Leslie J. Rechan sold 15,000 shares of the stock in a transaction on 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 transaction, the director now owns 4,970 shares in the company, valued at $1,669,423. This represents a 75.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Jeanine Montgomery sold 481 shares of Strategy stock in a transaction on Monday, March 24th. The shares were sold at an average price of $329.27, for a total transaction of $158,378.87. Following the completion of the sale, the chief accounting officer now directly owns 7,805 shares of the company’s stock, valued at approximately $2,569,952.35. The trade was a 5.80 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 8,000 shares of company stock valued at $680,000 and have sold 22,998 shares valued at $7,671,926. 9.16% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MSTR shares. Compass Point upgraded Strategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Maxim Group increased their price target on Strategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Monness Crespi & Hardt cut shares of 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. Barclays decreased their target price on shares of Strategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Finally, Mizuho started coverage on shares of Strategy in a research report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target on the stock. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $508.09.

Strategy Price Performance

MSTR opened at $310.72 on Wednesday. Strategy Incorporated has a 12-month low of $101.00 and a 12-month high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $79.96 billion, a P/E ratio of -55.16 and a beta of 3.46. The stock has a fifty day moving average of $295.00 and a 200-day moving average of $307.61.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

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.