Strategy Incorporated (NASDAQ:MSTR) Shares Acquired by Harvest Investment Services LLC

Harvest Investment Services LLC grew its holdings in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 24.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,557 shares of the software maker's stock after purchasing an additional 1,887 shares during the quarter. Harvest Investment Services LLC's holdings in Strategy were worth $2,768,000 as of its most recent filing with the Securities & Exchange Commission.

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

Strategy Price Performance

Shares of Strategy stock traded up $4.61 during mid-day trading on Thursday, reaching $350.34. 10,688,932 shares of the stock traded hands, compared to its average volume of 18,012,282. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The business has a 50-day moving average of $294.88 and a 200 day moving average of $314.33. The stock has a market capitalization of $90.16 billion, a PE ratio of -62.19 and a beta of 3.46. Strategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last released its earnings results 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 return on equity of 19.01% and a negative net margin of 251.73%.

Insider Transactions at Strategy

In other Strategy news, CFO Andrew Kang purchased 1,500 shares of the company's stock in a transaction on Thursday, March 20th. The stock was acquired at an average price of $85.00 per share, for a total transaction 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 approximately $127,500. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Jeanine Montgomery sold 481 shares of Strategy stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $329.27, for a total value of $158,378.87. Following the completion of the transaction, the chief accounting officer now owns 7,805 shares of the company's stock, valued at $2,569,952.35. The trade was a 5.80 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 34,698 shares worth $11,403,343. Company insiders own 9.16% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on MSTR. Canaccord Genuity Group decreased their price target on shares of Strategy from $510.00 to $409.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Maxim Group upped their target price on Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Barclays cut their price target on Strategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research note on Monday, February 10th. Monness Crespi & Hardt downgraded shares of 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. Finally, Mizuho began coverage on shares of Strategy in a research report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $508.09.

Strategy 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.