GF Fund Management CO. LTD. Invests $8.70 Million in Strategy Incorporated (NASDAQ:MSTR)

GF Fund Management CO. LTD. purchased a new position in Strategy Incorporated (NASDAQ:MSTR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 30,033 shares of the software maker’s stock, valued at approximately $8,698,000.

A number of other large investors also recently bought and sold shares of the business. Maryland State Retirement & Pension System lifted its holdings in Strategy by 0.3% in the fourth quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker’s stock valued at $2,604,000 after acquiring an additional 30 shares during the period. Family Management Corp increased its position in shares of Strategy by 2.2% during the 4th quarter. Family Management Corp now owns 1,370 shares of the software maker’s stock valued at $397,000 after purchasing an additional 30 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in shares of Strategy by 3.2% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker’s stock worth $324,000 after purchasing an additional 35 shares during the period. Oder Investment Management LLC boosted its holdings in shares of Strategy by 3.1% in the fourth quarter. Oder Investment Management LLC now owns 1,268 shares of the software maker’s stock worth $367,000 after buying an additional 38 shares during the last quarter. Finally, WR Wealth Planners LLC boosted its holdings in shares of Strategy by 22.6% in the fourth quarter. WR Wealth Planners LLC now owns 260 shares of the software maker’s stock worth $75,000 after buying an additional 48 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Strategy Price Performance

NASDAQ:MSTR opened at $369.51 on Friday. The firm’s fifty day moving average is $343.24 and its two-hundred day moving average is $340.03. The firm has a market cap of $101.03 billion, a price-to-earnings ratio of -65.60 and a beta of 3.79. 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 Incorporated has a one year low of $102.40 and a one year high of $543.00.

Strategy (NASDAQ:MSTR) last posted its earnings results 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). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%. The firm had revenue of $111.07 million for the quarter, compared to analysts’ expectations of $116.66 million. During the same period last year, the firm earned ($0.83) earnings per share. Strategy’s revenue for the quarter was down 3.6% compared to the same quarter last year.

Analysts Set New Price Targets

A number of equities analysts recently commented on MSTR shares. BTIG Research reaffirmed a “buy” rating on shares of Strategy in a report on Wednesday, May 14th. Keefe, Bruyette & Woods assumed coverage on Strategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 price objective on the stock. Maxim Group boosted their price objective on Strategy from $480.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. UBS Group reissued a “buy” rating on shares of Strategy in a report on Friday, May 16th. Finally, Barclays reaffirmed a “hold” rating on shares of Strategy in a report on Monday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $514.42.

Insider Activity

In other Strategy news, CFO Andrew Kang bought 1,500 shares of the company’s stock in a transaction dated Thursday, March 20th. The stock was acquired at an average price of $85.00 per share, with a total value of $127,500.00. Following the completion of the acquisition, the chief financial officer now directly 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jarrod M. Patten sold 1,700 shares of the company’s stock in a transaction dated Tuesday, April 22nd. The shares were sold at an average price of $342.01, for a total transaction of $581,417.00. Following the sale, the director now directly owns 4,970 shares of the company’s stock, valued at approximately $1,699,789.70. This represents a 25.49% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 46,836 shares worth $16,214,791. Company insiders own 9.16% of the company’s stock.

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.