Harvest Investment Services LLC Has $2.77 Million Stock Position in Strategy Incorporated (NASDAQ:MSTR)

Harvest Investment Services LLC increased its position in shares of Strategy Incorporated (NASDAQ:MSTR) by 24.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,557 shares of the software maker’s stock after acquiring an additional 1,887 shares during the quarter. Harvest Investment Services LLC’s holdings in Strategy were worth $2,768,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Riverview Trust Co acquired a new stake in shares of Strategy during the fourth quarter worth $25,000. IAG Wealth Partners LLC bought a new stake in shares of Strategy in the 4th quarter valued at about $25,000. Quadrant Capital Group LLC lifted its holdings in Strategy by 855.6% in the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker’s stock valued at $25,000 after buying an additional 77 shares during the period. Parkside Financial Bank & Trust boosted its holdings in shares of Strategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after buying an additional 76 shares in the last quarter. Finally, Aspect Partners LLC acquired a new stake in shares of Strategy in the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insider Buying and Selling

In other news, CAO Jeanine Montgomery sold 481 shares of Strategy stock in a transaction dated Monday, March 24th. The shares were 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 $2,569,952.35. The trade was a 5.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Andrew Kang bought 1,500 shares of Strategy stock in a transaction on Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, with a total value of $127,500.00. Following the acquisition, the chief financial officer now owns 1,500 shares of the company’s stock, valued at $127,500. This trade represents a ? increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 8,000 shares of company stock valued at $680,000 and have sold 32,998 shares valued at $10,821,926. 9.16% of the stock is owned by insiders.

Strategy Stock Performance

NASDAQ MSTR opened at $317.76 on Tuesday. The stock has a 50-day simple moving average of $294.10 and a two-hundred day simple moving average of $312.76. Strategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00. The firm has a market capitalization of $81.78 billion, a P/E ratio of -56.41 and a beta of 3.46. 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 issued its 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 net margin of 251.73% and a negative return on equity of 19.01%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Mizuho assumed coverage on shares of Strategy in a report on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target on the stock. Benchmark reissued a “buy” rating and set a $650.00 price objective on shares of Strategy in a report on Tuesday, January 14th. Compass Point upgraded shares of Strategy to a “strong-buy” rating in a report on Wednesday, January 29th. 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. Finally, Maxim Group boosted their price target on shares of Strategy from $480.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $508.09.

About Strategy

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.