APG Asset Management US Inc. Invests $1.67 Million in Strategy Incorporated (NASDAQ:MSTR)

APG Asset Management US Inc. purchased a new position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,761 shares of the software maker's stock, valued at approximately $1,669,000.

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

Analysts Set New Price Targets

A number of brokerages have recently commented on MSTR. Mizuho assumed coverage on Strategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price objective for the company. Canaccord Genuity Group lowered their price target on shares of Strategy from $510.00 to $409.00 and set a "buy" rating for the company in a report on Thursday, February 6th. Barclays dropped 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. Keefe, Bruyette & Woods assumed coverage on shares of Strategy in a research report on Friday, February 7th. They set an "outperform" rating and a $560.00 price objective for the company. Finally, Benchmark reissued a "buy" rating and issued a $650.00 target price on shares of Strategy in a report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Strategy has a consensus rating of "Moderate Buy" and a consensus target price of $508.09.

Insider Activity

In other Strategy news, 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 value of $158,378.87. Following the transaction, the chief accounting officer now directly owns 7,805 shares in the company, valued at approximately $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 SEC, which can be accessed through this hyperlink. Also, Director Leslie J. Rechan sold 15,000 shares of the company's 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 sale, the director now directly owns 4,970 shares of the company's stock, 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 ninety days, insiders bought 8,000 shares of company stock valued at $680,000 and sold 22,998 shares valued at $7,671,926. Corporate insiders own 9.16% of the company's stock.

Strategy Stock Performance

NASDAQ MSTR traded up $27.64 during trading hours on Friday, hitting $299.98. The company had a trading volume of 21,264,995 shares, compared to its average volume of 18,031,622. The business has a 50 day moving average of $295.80 and a 200-day moving average of $306.65. The company has a market cap of $77.20 billion, a PE ratio of -53.25 and a beta of 3.46. Strategy Incorporated has a 1-year low of $101.00 and a 1-year high of $543.00. 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 (NASDAQ:MSTR - Get Free Report) last announced 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%.

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.