APG Asset Management N.V. Has $2.73 Million Stake in Strategy Incorporated (NASDAQ:MSTR)

APG Asset Management N.V. raised its position in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 10.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,760 shares of the software maker's stock after buying an additional 947 shares during the period. APG Asset Management N.V.'s holdings in Strategy were worth $2,730,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MSTR. Maryland State Retirement & Pension System raised its position in shares of Strategy by 0.3% during the 4th quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock valued at $2,604,000 after acquiring an additional 30 shares during the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of Strategy by 3.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock worth $324,000 after purchasing an additional 35 shares during the period. Versant Capital Management Inc increased its holdings in Strategy by 38.2% in the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock valued at $41,000 after purchasing an additional 39 shares during the last quarter. WR Wealth Planners LLC lifted its stake in Strategy by 22.6% in the fourth quarter. WR Wealth Planners LLC now owns 260 shares of the software maker's stock valued at $75,000 after buying an additional 48 shares during the period. Finally, Sterling Investment Advisors Ltd. boosted its holdings in Strategy by 0.9% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker's stock worth $1,558,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

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Analyst Ratings Changes

Several research firms recently weighed in on MSTR. Canaccord Genuity Group reduced their price objective on shares of Strategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Cantor Fitzgerald lifted their price target on shares of Strategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Mizuho initiated coverage on shares of Strategy in a report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target for the company. Monness Crespi & Hardt downgraded 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. Finally, Compass Point raised Strategy to a "strong-buy" rating in a research note on Wednesday, January 29th. One investment 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. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $508.09.

Strategy Stock Up 3.8 %

MSTR traded up $11.47 during trading hours on Monday, hitting $311.45. 15,586,656 shares of the company's stock were exchanged, compared to its average volume of 18,022,009. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. Strategy Incorporated has a 1-year low of $101.00 and a 1-year high of $543.00. The stock's 50-day moving average is $295.80 and its two-hundred day moving average is $306.65. The stock has a market cap of $80.15 billion, a price-to-earnings ratio of -55.29 and a beta of 3.46.

Strategy (NASDAQ:MSTR - Get Free Report) last released 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%.

Insider Activity at Strategy

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