Strategy Incorporated (NASDAQ:MSTR) Shares Acquired by Glass Jacobson Investment Advisors llc

Glass Jacobson Investment Advisors llc boosted its holdings in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 439.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,079 shares of the software maker's stock after buying an additional 879 shares during the period. Glass Jacobson Investment Advisors llc's holdings in Strategy were worth $312,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Geode Capital Management LLC lifted its stake in Strategy by 10.2% in the 4th quarter. Geode Capital Management LLC now owns 3,047,625 shares of the software maker's stock worth $881,470,000 after purchasing an additional 281,342 shares in the last quarter. Norges Bank bought a new stake in shares of Strategy in the fourth quarter worth about $523,981,000. Charles Schwab Investment Management Inc. lifted its position in shares of Strategy by 14.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock worth $220,626,000 after buying an additional 97,515 shares in the last quarter. Amundi boosted its stake in Strategy by 262.8% during the fourth quarter. Amundi now owns 570,217 shares of the software maker's stock valued at $165,146,000 after buying an additional 413,028 shares during the last quarter. Finally, Swiss National Bank grew its holdings in Strategy by 10.4% during the 4th quarter. Swiss National Bank now owns 517,000 shares of the software maker's stock valued at $149,734,000 after buying an additional 48,800 shares in the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

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Strategy Trading Up 3.8 %

Shares of NASDAQ:MSTR traded up $11.47 on Monday, hitting $311.45. 15,586,656 shares of the company's stock were exchanged, compared to its average volume of 18,022,067. The business's 50 day simple moving average is $295.80 and its two-hundred day simple moving average is $306.65. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The stock has a market capitalization of $80.15 billion, a price-to-earnings ratio of -55.29 and a beta of 3.46. Strategy Incorporated has a 12 month low of $101.00 and a 12 month high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share 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%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MSTR. Compass Point upgraded Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Keefe, Bruyette & Woods began coverage on shares of Strategy in a research report on Friday, February 7th. They set an "outperform" rating and a $560.00 target price on the stock. Cantor Fitzgerald increased their price target on shares of Strategy from $613.00 to $619.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Maxim Group boosted their price objective on Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. Finally, Canaccord Genuity Group lowered their price objective on Strategy from $510.00 to $409.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. One investment 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. According to data from MarketBeat, Strategy currently has an average rating of "Moderate Buy" and a consensus price target of $508.09.

Insider Activity at Strategy

In other Strategy news, CFO Andrew Kang acquired 1,500 shares of the stock in a transaction that occurred on Thursday, March 20th. The stock was bought at an average cost of $85.00 per share, with a total value of $127,500.00. Following the completion of the purchase, the chief financial officer now directly owns 1,500 shares in the company, valued at $127,500. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Wei-Ming Shao bought 500 shares of the company's stock in a transaction on Thursday, March 20th. The shares were acquired at an average price of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the acquisition, the executive vice president now owns 500 shares in the company, valued at $42,500. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 8,000 shares of company stock worth $680,000 and sold 22,998 shares worth $7,671,926. 9.16% of the stock is owned by company insiders.

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.