Glass Jacobson Investment Advisors llc Has $312,000 Stock Holdings in Strategy Incorporated (NASDAQ:MSTR)

Glass Jacobson Investment Advisors llc lifted its holdings in shares of Strategy Incorporated (NASDAQ:MSTR) by 439.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,079 shares of the software maker’s stock after purchasing 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 reporting period.

Other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC boosted its holdings 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 purchasing an additional 281,342 shares in the last quarter. Norges Bank bought a new position in shares of Strategy during the 4th quarter worth approximately $523,981,000. Charles Schwab Investment Management Inc. boosted 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 valued at $220,626,000 after buying an additional 97,515 shares in the last quarter. Amundi grew its position in 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 acquiring an additional 413,028 shares during the period. Finally, Swiss National Bank raised 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 worth $149,734,000 after acquiring an additional 48,800 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Strategy Stock Up 10.1 %

Shares of MSTR opened at $299.98 on Friday. The business’s fifty day moving average price is $295.80 and its two-hundred day moving average price is $305.67. The firm has a market capitalization of $77.20 billion, a price-to-earnings ratio of -53.25 and a beta of 3.46. Strategy Incorporated has a 52 week low of $101.00 and a 52 week high of $543.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($3.07). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Benchmark restated a “buy” rating and issued a $650.00 target price on shares of Strategy in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods initiated coverage on shares of Strategy in a research report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price target on the stock. Compass Point raised shares of Strategy to a “strong-buy” rating in a report on Wednesday, January 29th. Barclays reduced their target price on Strategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Finally, Maxim Group raised their price target on Strategy from $480.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $508.09.

Insider Activity

In related news, CFO Andrew Kang bought 1,500 shares of the firm’s stock in a transaction dated Thursday, March 20th. The stock was bought at an average cost of $85.00 per share, for a total transaction of $127,500.00. Following the transaction, the chief financial officer now owns 1,500 shares of the company’s stock, valued at $127,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Wei-Ming Shao purchased 500 shares of the business’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 completion of the transaction, the executive vice president now directly owns 500 shares in the company, valued at $42,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 8,000 shares of company stock valued at $680,000 and have sold 22,998 shares valued at $7,671,926. 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.