Ameritas Advisory Services LLC Has $226,000 Stock Position in Strategy Inc $MSTR

Ameritas Advisory Services LLC decreased its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 76.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 559 shares of the software maker’s stock after selling 1,801 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Strategy were worth $226,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in 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 valued at $889,000 after buying an additional 642 shares during the last quarter. Yeomans Consulting Group Inc. acquired a new position in Strategy in the 2nd quarter valued at $579,000. Mirae Asset Global Investments Co. Ltd. grew its stake in 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 valued at $24,688,000 after buying an additional 10,185 shares during the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new position in Strategy in the 2nd quarter valued at $200,000. Finally, J. Safra Sarasin Holding AG acquired a new position in Strategy in the 2nd quarter valued at $243,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Strategy

In other news, Director Peter L. Briger, Jr. purchased 220,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 29th. The stock was purchased at an average cost of $90.00 per share, with a total value of $19,800,000.00. Following the acquisition, the director directly owned 220,000 shares of the company’s stock, valued at approximately $19,800,000. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Wei-Ming Shao sold 20,000 shares of Strategy stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $418.60, for a total transaction of $8,372,000.00. Following the transaction, the executive vice president directly owned 12,726 shares of the company’s stock, valued at $5,327,103.60. This represents a 61.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders purchased 265,474 shares of company stock worth $24,056,259 and sold 119,650 shares worth $49,799,476. 8.46% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a $464.00 target price on shares of Strategy in a research note on Tuesday, August 26th. BTIG Research raised their price target on shares of Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Benchmark restated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Cowen restated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $54.00 price target (down from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $509.54.

Strategy Price Performance

NASDAQ:MSTR opened at $328.40 on Wednesday. The company has a 50-day moving average of $349.15 and a 200-day moving average of $363.17. The company has a market capitalization of $93.12 billion, a price-to-earnings ratio of 28.91 and a beta of 3.83. Strategy Inc has a 52 week low of $178.00 and a 52 week 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.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $32.72. The company had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned ($5.74) EPS. 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.