OMERS ADMINISTRATION Corp Makes New $297,000 Investment in Strategy Incorporated (NASDAQ:MSTR)

OMERS ADMINISTRATION Corp bought a new position in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,027 shares of the software maker's stock, valued at approximately $297,000.

Other institutional investors also recently bought and sold shares of the company. Quadrant Capital Group LLC raised its stake in Strategy by 855.6% during the fourth 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 period. Riverview Trust Co acquired a new stake in shares of Strategy during the fourth quarter valued at about $25,000. IAG Wealth Partners LLC acquired a new stake in shares of Strategy during the fourth quarter valued at about $25,000. Dunhill Financial LLC acquired a new stake in shares of Strategy during the fourth quarter valued at about $26,000. Finally, Parkside Financial Bank & Trust increased 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 valued at $27,000 after acquiring an additional 76 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on MSTR. Mizuho began coverage on shares of Strategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target for the company. Barclays reiterated a "hold" rating on shares of Strategy in a research report on Monday. BTIG Research reiterated a "buy" rating on shares of Strategy in a research report on Wednesday, May 14th. UBS Group reiterated a "buy" rating on shares of Strategy in a research report on Friday. Finally, Monness Crespi & Hardt cut shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target for the company. in a research report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Strategy presently has a consensus rating of "Moderate Buy" and a consensus price target of $514.42.

Strategy Trading Up 3.4%

NASDAQ MSTR opened at $413.42 on Tuesday. 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 52 week low of $102.40 and a 52 week high of $543.00. The stock has a market capitalization of $113.03 billion, a PE ratio of -73.39 and a beta of 3.79. The firm has a 50 day moving average of $334.23 and a two-hundred day moving average of $336.83.

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 for the quarter, missing the consensus estimate of ($0.02) by ($16.47). The company had revenue of $111.07 million for the quarter, compared to analysts' expectations of $116.66 million. Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%. The firm's quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.83) EPS.

Insider Transactions at Strategy

In other Strategy news, EVP Wei-Ming Shao purchased 500 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average price of $85.00 per share, for a total transaction of $42,500.00. Following the purchase, the executive vice president now directly owns 500 shares in the company, valued at approximately $42,500. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Jeanine Montgomery sold 481 shares of the 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 sale, the chief accounting officer now owns 7,805 shares of the company's stock, valued at approximately $2,569,952.35. This represents a 5.80% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders purchased 8,000 shares of company stock worth $680,000 and sold 41,198 shares worth $13,901,970. 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.

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