738 Shares in Strategy Inc $MSTR Purchased by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC acquired a new position in Strategy Inc (NASDAQ:MSTR) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 738 shares of the software maker’s stock, valued at approximately $298,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MSTR. Sumitomo Mitsui Trust Group Inc. raised its position in Strategy by 27.4% in the 1st 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 during the period. Mn Services Vermogensbeheer B.V. purchased a new stake in Strategy in the 2nd quarter worth about $37,391,000. Swedbank AB purchased a new stake in Strategy in the 1st quarter worth about $17,352,000. Robeco Institutional Asset Management B.V. raised its position in Strategy by 75.7% in the 2nd 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 during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in Strategy in the 1st quarter worth about $13,795,000. 59.84% of the stock is owned by hedge funds and other institutional investors.

Strategy Price Performance

NASDAQ MSTR opened at $289.87 on Monday. 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 firm’s 50 day moving average price is $335.82 and its 200-day moving average price is $363.14. Strategy Inc has a 52-week low of $197.10 and a 52-week high of $543.00. The company has a market cap of $82.19 billion, a PE ratio of 25.52 and a beta of 3.83.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data 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 firm had revenue of $114.49 million for the quarter, compared to the consensus estimate of $112.68 million. During the same period last year, the firm earned ($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.

Insider Activity

In other Strategy news, Director Jarrod M. Patten acquired 5,555 shares of the company’s stock in a transaction dated Tuesday, July 29th. The shares were purchased at an average cost of $90.00 per share, for a total transaction of $499,950.00. Following the completion of the purchase, the director owned 5,555 shares in the company, valued at approximately $499,950. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the completion of the transaction, the executive vice president directly owned 12,726 shares in the company, valued at $4,547,890.62. This represents a 70.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders purchased 265,474 shares of company stock valued at $24,056,259 and sold 65,000 shares valued at $24,099,750. Company insiders own 8.46% of the company’s stock.

Analyst Ratings Changes

MSTR has been the topic of a number of recent analyst reports. Monness Crespi & Hardt increased their price objective on shares of Strategy from $175.00 to $200.00 and gave the stock a “sell” rating in a research report on Tuesday, July 15th. China Renaissance began coverage on shares of Strategy in a research report on Wednesday, October 15th. They set a “buy” rating and a $473.00 target price on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Strategy in a research report on Wednesday, August 13th. Mizuho raised their target price on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. Finally, BTIG Research raised their target price 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. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $506.93.

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.