KLP Kapitalforvaltning AS Grows Stock Holdings in Strategy Inc $MSTR

KLP Kapitalforvaltning AS lifted its position in shares of Strategy Inc (NASDAQ:MSTR) by 17.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,500 shares of the software maker’s stock after purchasing an additional 13,000 shares during the period. KLP Kapitalforvaltning AS’s holdings in Strategy were worth $36,179,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Strategy by 27.4% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 528,850 shares of the software maker’s stock worth $152,452,000 after purchasing an additional 113,752 shares in the last quarter. Correct Capital Wealth Management lifted its position in shares of Strategy by 12.4% during the first quarter. Correct Capital Wealth Management now owns 188,463 shares of the software maker’s stock worth $54,328,000 after purchasing an additional 20,790 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Strategy by 75.7% during the second quarter. Robeco Institutional Asset Management B.V. now owns 125,650 shares of the software maker’s stock worth $50,791,000 after purchasing an additional 54,144 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Strategy by 26.7% during the second quarter. Public Employees Retirement System of Ohio now owns 101,880 shares of the software maker’s stock worth $41,183,000 after purchasing an additional 21,499 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. acquired a new position in shares of Strategy during the second quarter worth $37,391,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Cowen reissued a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $464.00 price target on shares of Strategy in a report on Tuesday, August 26th. Monness Crespi & Hardt upped their price target on shares of Strategy from $175.00 to $200.00 and gave the company a “sell” rating in a report on Tuesday, July 15th. TD Cowen cut their price target on shares of Strategy from $640.00 to $620.00 and set a “buy” rating on the stock in a report on Tuesday, September 16th. Finally, Benchmark reaffirmed a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $509.54.

Strategy Stock Down 8.7%

Shares of NASDAQ:MSTR opened at $328.40 on Wednesday. The stock 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 1-year low of $178.00 and a 1-year high of $543.00. The company’s fifty day moving average is $349.15 and its two-hundred day moving average is $363.17. 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 issued its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $32.72. The company had revenue of $114.49 million for the quarter, compared to analysts’ expectations 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 was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity at Strategy

In other Strategy news, EVP Wei-Ming Shao sold 10,000 shares of the stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $355.79, for a total transaction of $3,557,900.00. Following the sale, the executive vice president directly owned 12,726 shares of the company’s stock, valued at approximately $4,527,783.54. This represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jane A. Dietze purchased 1,500 shares of the stock in a transaction dated Tuesday, July 29th. The shares were purchased at an average price of $90.00 per share, with a total value of $135,000.00. Following the transaction, the director directly owned 1,500 shares of the company’s stock, valued at approximately $135,000. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 265,474 shares of company stock valued at $24,056,259 and sold 119,650 shares valued at $49,799,476. 8.46% of the stock is currently owned by company insiders.

Strategy 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.