Siemens Fonds Invest GmbH Grows Position in Strategy Incorporated (NASDAQ:MSTR)

Siemens Fonds Invest GmbH grew its stake in shares of Strategy Incorporated (NASDAQ:MSTR) by 6,992.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 119,654 shares of the software maker’s stock after purchasing an additional 117,967 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Strategy were worth $33,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC purchased a new stake in shares of Strategy during the fourth quarter valued at approximately $81,783,000. Clarity Capital Partners LLC boosted its stake in shares of Strategy by 122.3% during the fourth quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker’s stock valued at $7,274,000 after purchasing an additional 13,817 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Strategy by 14.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker’s stock valued at $220,626,000 after purchasing an additional 97,515 shares during the period. Chung Wu Investment Group LLC purchased a new stake in shares of Strategy during the fourth quarter valued at approximately $850,000. Finally, Crew Capital Management Ltd. bought a new position in shares of Strategy during the fourth quarter valued at approximately $333,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Insider Transactions at Strategy

In other news, CFO Andrew Kang sold 5,638 shares of the stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $410.22, for a total value of $2,312,820.36. Following the sale, the chief financial officer now directly owns 22,077 shares of the company’s stock, valued at approximately $9,056,426.94. This represents a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jarrod M. Patten sold 650 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $371.23, for a total value of $241,299.50. Following the completion of the sale, the director now directly owns 21,770 shares in the company, valued at approximately $8,081,677.10. This represents a 2.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 18,000 shares of company stock valued at $1,693,800 and have sold 47,486 shares valued at $16,456,090. Insiders own 9.16% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on MSTR shares. Maxim Group upped their target price on Strategy from $480.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Keefe, Bruyette & Woods started coverage on Strategy in a report on Friday, February 7th. They set an “outperform” rating and a $560.00 target price for the company. Barclays restated a “hold” rating on shares of Strategy in a report on Monday, May 19th. Canaccord Genuity Group restated a “buy” rating on shares of Strategy in a report on Monday, May 19th. Finally, Monness Crespi & Hardt downgraded Strategy from a “neutral” rating to a “sell” rating and set a $220.00 target price for the company. in a report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $514.42.

Strategy Price Performance

MSTR opened at $364.79 on Friday. The stock has a fifty day simple moving average of $348.31 and a two-hundred day simple moving average of $342.42. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The company has a market cap of $99.73 billion, a price-to-earnings ratio of -64.76 and a beta of 3.79. Strategy Incorporated has a 12-month low of $102.40 and a 12-month high of $543.00.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($16.47). The firm 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%. Strategy’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.83) EPS.

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.