JBF Capital Inc. Makes New $290,000 Investment in Strategy Incorporated (NASDAQ:MSTR)

JBF Capital Inc. purchased a new stake in Strategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,000 shares of the software maker's stock, valued at approximately $290,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Riverview Trust Co bought a new position in shares of Strategy during the fourth quarter worth $25,000. IAG Wealth Partners LLC acquired a new stake in Strategy during the 4th quarter worth $25,000. Quadrant Capital Group LLC lifted its holdings in Strategy by 855.6% during the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after acquiring an additional 77 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in Strategy by 422.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock valued at $27,000 after acquiring an additional 76 shares during the period. Finally, Aspect Partners LLC bought a new stake in shares of Strategy in the fourth quarter worth about $28,000. 59.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other 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 value of $5,038,500.00. Following the transaction, the director now owns 4,970 shares of the company's stock, valued at approximately $1,669,423. This represents a 75.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Wei-Ming Shao purchased 500 shares of Strategy stock in a transaction that occurred on 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 completion of the purchase, the executive vice president now directly owns 500 shares in the company, valued at $42,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 8,000 shares of company stock valued at $680,000 and sold 32,998 shares valued at $10,821,926. Company insiders own 9.16% of the company's stock.

Strategy Stock Performance

Strategy stock traded down $0.80 during midday trading on Thursday, reaching $344.94. 6,600,069 shares of the company's stock were exchanged, compared to its average volume of 17,962,461. The stock's 50-day simple moving average is $294.63 and its 200 day simple moving average is $313.19. The firm has a market cap of $88.77 billion, a price-to-earnings ratio of -61.17 and a beta of 3.46. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. Strategy Incorporated has a 52 week low of $101.00 and a 52 week high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS 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%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on MSTR shares. Canaccord Genuity Group cut their price objective on Strategy from $510.00 to $409.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Compass Point upgraded shares of Strategy to a "strong-buy" rating in a report on Wednesday, January 29th. Maxim Group increased their price objective on Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Monness Crespi & Hardt cut Strategy from a "neutral" rating to a "sell" rating and set a $220.00 target price on the stock. in a research note on Tuesday, April 1st. Finally, Barclays cut their price objective on shares of Strategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. One research analyst has rated the stock with a sell rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Strategy presently has an average rating of "Moderate Buy" and a consensus 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.