LaSalle St. Investment Advisors LLC Makes New Investment in Strategy Incorporated (NASDAQ:MSTR)

LaSalle St. Investment Advisors LLC bought a new position in Strategy Incorporated (NASDAQ:MSTR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,874 shares of the software maker's stock, valued at approximately $542,000.

Other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC grew its holdings in shares of 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 acquiring an additional 281,342 shares during the last quarter. Norges Bank acquired a new position in shares of Strategy in the 4th quarter valued at $523,981,000. Charles Schwab Investment Management Inc. increased its stake in Strategy by 14.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock worth $220,626,000 after purchasing an additional 97,515 shares in the last quarter. Amundi raised its holdings in Strategy by 262.8% during the 4th quarter. Amundi now owns 570,217 shares of the software maker's stock worth $165,146,000 after buying an additional 413,028 shares during the period. Finally, Swiss National Bank lifted its stake in Strategy by 10.4% during the fourth 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 owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on MSTR shares. Cantor Fitzgerald raised their target price on Strategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Keefe, Bruyette & Woods initiated coverage on shares of Strategy in a report on Friday, February 7th. They set an "outperform" rating and a $560.00 price target on the stock. Compass Point raised Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Barclays lowered their price target on Strategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Finally, Benchmark reaffirmed a "buy" rating and set a $650.00 target price on shares of Strategy in a research report on Tuesday, January 14th. One research 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 stock. Based on data from MarketBeat, Strategy currently has an average rating of "Moderate Buy" and an average target price of $508.09.

Insider Buying and Selling

In other news, Director Leslie J. Rechan sold 15,000 shares of the stock in a transaction on 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 transaction, the director now owns 4,970 shares of the company's stock, valued at $1,669,423. This represents a 75.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 value of $158,378.87. Following the sale, the chief accounting officer now directly owns 7,805 shares of the company's stock, valued at approximately $2,569,952.35. This trade represents a 5.80 % 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 worth $680,000 and sold 32,998 shares worth $10,821,926. Corporate insiders own 9.16% of the company's stock.

Strategy Price Performance

Shares of MSTR stock traded up $5.54 during trading hours on Thursday, reaching $317.20. 13,470,411 shares of the company were exchanged, compared to its average volume of 17,966,933. 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 company has a market cap of $81.63 billion, a price-to-earnings ratio of -56.31 and a beta of 3.46. The stock's fifty day moving average is $294.68 and its two-hundred day moving average is $307.64. 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 announced its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) 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.