Jump Financial LLC Has $21.37 Million Stock Holdings in Strategy Incorporated (NASDAQ:MSTR)

Jump Financial LLC reduced its position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 28.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,792 shares of the software maker's stock after selling 29,289 shares during the period. Jump Financial LLC's holdings in Strategy were worth $21,372,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Riverview Trust Co acquired a new stake in Strategy in the 4th quarter valued at about $25,000. IAG Wealth Partners LLC purchased a new stake in shares of Strategy during the fourth quarter worth about $25,000. Quadrant Capital Group LLC increased 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 purchasing an additional 77 shares during the last quarter. Sunbelt Securities Inc. raised its position in shares of Strategy by 900.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker's stock valued at $27,000 after purchasing an additional 144 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its position in shares of Strategy by 422.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after buying an additional 76 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

Strategy Price Performance

Shares of NASDAQ MSTR traded up $5.54 during midday trading on Friday, reaching $317.20. The company's stock had a trading volume of 13,470,411 shares, compared to its average volume of 17,958,564. The company has a market cap of $81.63 billion, a price-to-earnings ratio of -56.31 and a beta of 3.46. Strategy Incorporated has a one year low of $101.00 and a one year high of $543.00. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The company has a 50 day moving average price of $294.28 and a 200 day moving average price of $309.73.

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 return on equity of 19.01% and a negative net margin of 251.73%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Keefe, Bruyette & Woods assumed coverage on Strategy in a research note on Friday, February 7th. They set an "outperform" rating and a $560.00 price objective on the stock. Mizuho assumed coverage on Strategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target on the stock. Compass Point raised Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Canaccord Genuity Group reduced 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. Finally, Cantor Fitzgerald lifted their price objective on shares of Strategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $508.09.

Insider Buying and Selling at Strategy

In other news, CAO Jeanine Montgomery sold 481 shares of Strategy stock in a transaction on Monday, March 24th. The stock was sold at an average price of $329.27, for a total transaction of $158,378.87. Following the transaction, the chief accounting officer now 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Leslie J. Rechan sold 15,000 shares of the stock in a transaction dated 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 completion of the sale, the director now directly 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 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 32,998 shares valued at $10,821,926. Insiders own 9.16% of the company's stock.

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.