Strategy Incorporated (NASDAQ:MSTR) Position Increased by Stifel Financial Corp

Stifel Financial Corp lifted its position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 16.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 226,310 shares of the software maker's stock after buying an additional 32,470 shares during the quarter. Stifel Financial Corp owned approximately 0.09% of Strategy worth $65,544,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in Strategy during the fourth quarter worth approximately $523,981,000. Amundi increased its holdings in shares of 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 last quarter. First Trust Advisors LP raised its position in shares of Strategy by 266.1% in the 4th quarter. First Trust Advisors LP now owns 417,574 shares of the software maker's stock worth $120,938,000 after buying an additional 303,517 shares during the period. Proficio Capital Partners LLC acquired a new position in Strategy in the fourth quarter valued at $81,783,000. Finally, Geode Capital Management LLC grew its position in Strategy by 10.2% during the fourth quarter. Geode Capital Management LLC now owns 3,047,625 shares of the software maker's stock valued at $881,470,000 after acquiring an additional 281,342 shares during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Andrew Kang acquired 1,500 shares of the business's stock in a transaction on Thursday, March 20th. The shares were purchased 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 of the company's stock, valued at $127,500. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Wei-Ming Shao bought 500 shares of Strategy stock in a transaction on Thursday, March 20th. The shares were purchased at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the acquisition, the executive vice president now owns 500 shares in the company, valued at $42,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 8,000 shares of company stock worth $680,000 and sold 34,698 shares worth $11,403,343. Insiders own 9.16% of the company's stock.

Strategy Stock Up 5.2 %

Shares of Strategy stock traded up $18.37 during trading hours on Friday, hitting $368.71. 19,291,754 shares of the company's stock traded hands, compared to its average volume of 18,058,637. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. Strategy Incorporated has a twelve month low of $101.00 and a twelve month high of $543.00. The stock has a 50 day simple moving average of $295.57 and a 200-day simple moving average of $315.54. The company has a market cap of $94.89 billion, a PE ratio of -65.46 and a beta of 3.46.

Strategy (NASDAQ:MSTR - Get Free Report) last issued 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%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Keefe, Bruyette & Woods started coverage on Strategy in a report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price objective on the stock. Monness Crespi & Hardt cut shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target on the stock. in a research report on Tuesday, April 1st. Compass Point raised shares of Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Mizuho initiated coverage on shares of Strategy in a report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 target price on the stock. Finally, Cantor Fitzgerald increased their price target on Strategy from $613.00 to $619.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently 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.