1,000 Shares in Strategy Incorporated (NASDAQ:MSTR) Acquired by JBF Capital Inc.

JBF Capital Inc. bought a new stake in shares of Strategy Incorporated (NASDAQ:MSTR) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,000 shares of the software maker’s stock, valued at approximately $290,000.

Other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC raised its holdings in Strategy by 10.2% in the 4th quarter. Geode Capital Management LLC now owns 3,047,625 shares of the software maker’s stock worth $881,470,000 after purchasing an additional 281,342 shares during the period. Norges Bank bought a new position in shares of Strategy in the fourth quarter worth about $523,981,000. Charles Schwab Investment Management Inc. raised its stake 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 worth $220,626,000 after buying an additional 97,515 shares during the period. Amundi lifted its position in shares of Strategy by 262.8% during the 4th 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 in the last quarter. Finally, Swiss National Bank grew its stake in shares of Strategy by 10.4% during the 4th quarter. Swiss National Bank now owns 517,000 shares of the software maker’s stock valued at $149,734,000 after acquiring an additional 48,800 shares during the period. 59.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MSTR. Benchmark reaffirmed a “buy” rating and set a $650.00 price target on shares of Strategy in a report on Tuesday, January 14th. Cantor Fitzgerald lifted their target price on shares of Strategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. 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 research note on Tuesday, April 1st. Mizuho started coverage on Strategy in a research report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price objective on the stock. Finally, Maxim Group increased their target price on Strategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $508.09.

Insider Buying and Selling at Strategy

In other news, EVP Wei-Ming Shao acquired 500 shares of Strategy stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average cost of $85.00 per share, with a total value of $42,500.00. Following the transaction, the executive vice president now directly owns 500 shares of the company’s stock, valued at $42,500. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Leslie J. Rechan sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the completion of the sale, the director now directly owns 4,970 shares of the company’s stock, valued at approximately $1,669,423. The trade was a 75.11 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 8,000 shares of company stock worth $680,000 and have sold 32,998 shares worth $10,821,926. Company insiders own 9.16% of the company’s stock.

Strategy Stock Performance

Shares of NASDAQ:MSTR opened at $317.20 on Friday. The firm has a fifty day simple moving average of $294.28 and a two-hundred day simple moving average of $310.74. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $81.63 billion, a P/E ratio of -56.31 and a beta of 3.46. Strategy Incorporated has a 52 week low of $101.00 and a 52 week high of $543.00.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) 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%.

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.