Strategy Inc $MSTR is Strong Tower Advisory Services’ Largest Position

Strong Tower Advisory Services lessened its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 1.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 134,075 shares of the software maker’s stock after selling 1,379 shares during the period. Strategy makes up 10.7% of Strong Tower Advisory Services’ holdings, making the stock its biggest position. Strong Tower Advisory Services’ holdings in Strategy were worth $54,197,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MSTR. Yousif Capital Management LLC raised its holdings in shares of Strategy by 42.9% during the first quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker’s stock worth $839,000 after purchasing an additional 873 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Strategy by 47.7% during the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after purchasing an additional 268 shares during the last quarter. First United Bank & Trust purchased a new position in shares of Strategy during the first quarter worth $29,000. Janney Montgomery Scott LLC raised its holdings in shares of Strategy by 3.3% during the first quarter. Janney Montgomery Scott LLC now owns 27,905 shares of the software maker’s stock worth $8,044,000 after purchasing an additional 881 shares during the last quarter. Finally, FNY Investment Advisers LLC purchased a new position in shares of Strategy during the first quarter worth $854,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Canaccord Genuity Group reissued a “buy” rating and set a $464.00 target price on shares of Strategy in a report on Tuesday, August 26th. Benchmark restated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Mizuho raised their price target on shares of Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. Wells Fargo & Company restated an “equal weight” rating and set a $54.00 price target (down previously from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Finally, Monness Crespi & Hardt raised their price target on shares of Strategy from $175.00 to $200.00 and gave the company a “sell” rating in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $509.54.

Insiders Place Their Bets

In other Strategy news, Director Peter L. Briger, Jr. purchased 220,000 shares of the stock in a transaction that occurred on Tuesday, July 29th. The shares were purchased at an average cost of $90.00 per share, for a total transaction of $19,800,000.00. Following the completion of the transaction, the director owned 220,000 shares of the company’s stock, valued at $19,800,000. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the business’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the transaction, the chief financial officer owned 24,460 shares in the company, valued at $9,661,700. The trade was a 43.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have acquired 265,474 shares of company stock valued at $24,056,259 and have sold 75,900 shares valued at $28,992,651. 8.46% of the stock is owned by company insiders.

Strategy Stock Down 4.8%

Shares of NASDAQ MSTR opened at $304.79 on Friday. The company’s 50-day simple moving average is $345.00 and its 200-day simple moving average is $362.58. Strategy Inc has a 52-week low of $185.81 and a 52-week high of $543.00. The firm has a market cap of $86.42 billion, a price-to-earnings ratio of 26.83 and a beta of 3.83. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17.

Strategy (NASDAQ:MSTR) last announced its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, beating the consensus estimate 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 last year, the business earned ($5.74) earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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.