1,147 Shares in Strategy Incorporated (NASDAQ:MSTR) Bought by Ethic Inc.

Ethic Inc. acquired a new position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,147 shares of the software maker's stock, valued at approximately $332,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in shares of Strategy by 10.2% in 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 buying an additional 281,342 shares during the period. Norges Bank acquired a new stake in shares of Strategy in the fourth quarter valued at $523,981,000. Northern Trust Corp lifted its holdings in shares of Strategy by 24.4% in the fourth quarter. Northern Trust Corp now owns 1,076,185 shares of the software maker's stock valued at $311,685,000 after buying an additional 210,997 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings 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 valued at $220,626,000 after buying an additional 97,515 shares during the period. Finally, Amundi lifted its holdings in shares of Strategy by 262.8% in 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 period. Institutional investors own 59.84% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on MSTR shares. Barclays upped their price objective on Strategy from $421.00 to $475.00 and gave the company an "overweight" rating in a report on Monday, May 5th. UBS Group restated a "buy" rating on shares of Strategy in a report on Friday. Compass Point upgraded Strategy to a "strong-buy" rating in a report on Wednesday, January 29th. Monness Crespi & Hardt downgraded 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, Cantor Fitzgerald reduced their target price on Strategy from $619.00 to $614.00 and set an "overweight" rating for the company in a report on Monday, May 5th. One analyst has rated the stock with a sell rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $514.42.

Insider Buying and Selling at Strategy

In other news, EVP Wei-Ming Shao bought 500 shares of the company's stock in a transaction dated Thursday, March 20th. The stock was bought at an average price of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the transaction, the executive vice president now directly owns 500 shares in the company, valued at $42,500. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Jeanine Montgomery sold 481 shares of the business's 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 owns 7,805 shares of the company's stock, valued at approximately $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 quarter, insiders acquired 8,000 shares of company stock worth $680,000 and sold 41,198 shares worth $13,901,970. Corporate insiders own 9.16% of the company's stock.

Strategy Price Performance

Shares of Strategy stock traded up $2.77 during midday trading on Friday, hitting $399.80. 12,343,405 shares of the company were exchanged, compared to its average volume of 18,100,225. 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 firm has a market cap of $109.31 billion, a P/E ratio of -70.97 and a beta of 3.79. Strategy Incorporated has a 52 week low of $102.40 and a 52 week high of $543.00. The firm has a 50 day simple moving average of $331.21 and a 200-day simple moving average of $334.92.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($16.47). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%. The business had revenue of $111.07 million during the quarter, compared to the consensus estimate of $116.66 million. During the same quarter in the previous year, the firm posted ($0.83) EPS. The company's revenue for the quarter was down 3.6% compared to the same quarter last year.

Strategy Company 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.