520 Shares in Strategy Inc $MSTR Bought by Naples Global Advisors LLC

Naples Global Advisors LLC bought a new stake in Strategy Inc (NASDAQ:MSTR) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 520 shares of the software maker’s stock, valued at approximately $210,000.

Other hedge funds have also bought and sold shares of the company. SJS Investment Consulting Inc. raised its stake in Strategy by 25.8% during the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after buying an additional 24 shares in the last quarter. Smith Anglin Financial LLC increased its stake in Strategy by 1.2% during the second quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock valued at $1,025,000 after purchasing an additional 30 shares during the last quarter. Magnus Financial Group LLC raised its holdings in shares of Strategy by 0.9% during the second quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker’s stock worth $1,479,000 after purchasing an additional 32 shares during the period. Beacon Capital Management LLC lifted its holdings in Strategy by 0.8% in the second quarter. Beacon Capital Management LLC now owns 5,176 shares of the software maker’s stock worth $2,092,000 after acquiring an additional 39 shares during the last quarter. Finally, Summit Financial LLC lifted its holdings in Strategy by 5.3% in the first quarter. Summit Financial LLC now owns 815 shares of the software maker’s stock worth $235,000 after acquiring an additional 41 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Andrew Kang sold 18,750 shares of Strategy stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $395.00, for a total value of $7,406,250.00. Following the transaction, the chief financial officer owned 24,460 shares of the company’s stock, valued at approximately $9,661,700. This trade represents a 43.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Jeanine Montgomery sold 43,750 shares of Strategy stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $430.54, for a total transaction of $18,836,125.00. Following the transaction, the chief accounting officer owned 8,606 shares in the company, valued at approximately $3,705,227.24. The trade was a 83.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have acquired 265,474 shares of company stock worth $24,056,259 and have sold 152,150 shares worth $62,847,251. Company insiders own 8.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a report on Saturday, September 27th. Wells Fargo & Company reissued an “equal weight” rating and set a $54.00 target price (down from $65.00) on shares of Strategy in a research note on Tuesday. TD Cowen lowered their target price on Strategy from $640.00 to $620.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Mizuho boosted their price target on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. Finally, Cowen reissued a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $509.54.

Strategy Stock Down 0.2%

Shares of MSTR stock opened at $351.63 on Friday. Strategy Inc has a 1 year low of $163.97 and a 1 year high of $543.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The business’s fifty day moving average is $351.36 and its 200-day moving average is $362.20. The stock has a market cap of $99.70 billion, a PE ratio of 30.95 and a beta of 3.83.

Strategy (NASDAQ:MSTR) last announced its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $32.72. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The business had revenue of $114.49 million during the quarter, compared to analysts’ expectations of $112.68 million. During the same quarter last year, the business posted ($5.74) earnings per share. The company’s quarterly revenue was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Strategy Company 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.