Glass Jacobson Investment Advisors llc Increases Stake in Strategy Incorporated (NASDAQ:MSTR)

Glass Jacobson Investment Advisors llc grew its stake in Strategy Incorporated (NASDAQ:MSTR - Free Report) by 439.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,079 shares of the software maker's stock after acquiring an additional 879 shares during the quarter. Glass Jacobson Investment Advisors llc's holdings in Strategy were worth $312,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Maryland State Retirement & Pension System lifted its stake in Strategy by 0.3% during the fourth quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock worth $2,604,000 after purchasing an additional 30 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its position in shares of Strategy by 3.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock valued at $324,000 after purchasing an additional 35 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Strategy by 38.2% in the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock valued at $41,000 after buying an additional 39 shares in the last quarter. WR Wealth Planners LLC lifted its stake in Strategy by 22.6% during the fourth quarter. WR Wealth Planners LLC now owns 260 shares of the software maker's stock valued at $75,000 after buying an additional 48 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. raised its stake in Strategy by 0.9% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 5,380 shares of the software maker's stock valued at $1,558,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 59.84% of the company's stock.

Wall Street Analyst Weigh In

MSTR has been the subject of several research reports. Monness Crespi & Hardt lowered Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target for the company. in a report on Tuesday, April 1st. Barclays lowered their price target on Strategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research note on Monday, February 10th. Canaccord Genuity Group cut their price target on shares of Strategy from $510.00 to $409.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Keefe, Bruyette & Woods initiated coverage on shares of Strategy in a research report on Friday, February 7th. They set an "outperform" rating and a $560.00 target price for the company. Finally, Cantor Fitzgerald increased their target price on Strategy from $613.00 to $619.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. One 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's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $508.09.

Insider Buying and Selling

In other news, CAO Jeanine Montgomery sold 481 shares of Strategy stock in a transaction that occurred 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 completion of 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Andrew Kang purchased 1,500 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The shares were acquired at an average cost of $85.00 per share, with a total value of $127,500.00. Following the completion of the purchase, the chief financial officer now directly owns 1,500 shares in the company, valued at $127,500. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 8,000 shares of company stock valued at $680,000 and have sold 22,998 shares valued at $7,671,926. 9.16% of the stock is owned by insiders.

Strategy Stock Performance

Shares of NASDAQ:MSTR traded up $4.50 during mid-day trading on Wednesday, reaching $315.22. The company had a trading volume of 5,924,464 shares, compared to its average volume of 17,955,486. The company's 50-day moving average price is $295.00 and its 200-day moving average price is $307.61. Strategy Incorporated has a one year low of $101.00 and a one year high of $543.00. The firm has a market cap of $81.12 billion, a price-to-earnings ratio of -55.96 and a beta of 3.46. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39.

Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings results 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 return on equity of 19.01% and a negative net margin of 251.73%.

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.