Strategy Inc $MSTR Shares Sold by Curran Financial Partners LLC

Curran Financial Partners LLC reduced its stake in Strategy Inc (NASDAQ:MSTR) by 1.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,680 shares of the software maker’s stock after selling 49 shares during the period. Curran Financial Partners LLC’s holdings in Strategy were worth $1,083,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of Strategy by 41.2% in the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,200 shares of the software maker’s stock worth $889,000 after acquiring an additional 642 shares during the period. Yeomans Consulting Group Inc. acquired a new stake in shares of Strategy in the 2nd quarter worth approximately $579,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Strategy by 20.0% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,073 shares of the software maker’s stock worth $24,688,000 after acquiring an additional 10,185 shares during the period. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of Strategy in the 2nd quarter worth approximately $200,000. Finally, J. Safra Sarasin Holding AG bought a new stake in shares of Strategy in the 2nd quarter worth approximately $243,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on MSTR. Canaccord Genuity Group reiterated a “buy” rating and issued a $464.00 target price on shares of Strategy in a report on Tuesday, August 26th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $54.00 target price (down from $65.00) on shares of Strategy in a report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a report on Saturday, September 27th. Benchmark reiterated a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. Finally, BTIG Research boosted their target price on shares of Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $509.54.

Strategy Stock Down 0.2%

MSTR stock opened at $351.63 on Friday. Strategy Inc has a 52-week low of $163.97 and a 52-week high of $543.00. The company’s 50 day simple moving average is $351.36 and its 200-day simple moving average is $362.20. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market capitalization of $99.70 billion, a P/E ratio of 30.95 and a beta of 3.83.

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

Insider Transactions at Strategy

In related news, Director Gregg Winiarski acquired 10,000 shares of the company’s stock in a transaction on Friday, August 8th. The shares were purchased at an average price of $97.65 per share, for a total transaction of $976,500.00. Following the purchase, the director owned 10,000 shares in the company, valued at $976,500. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Andrew Kang sold 18,750 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the completion of the transaction, the chief financial officer owned 24,460 shares in the company, valued at approximately $9,661,700. This represents a 43.39% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 265,474 shares of company stock worth $24,056,259 and have sold 152,150 shares worth $62,847,251. 8.46% of the stock is owned by corporate insiders.

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.