Caitong International Asset Management Co. Ltd Buys New Holdings in Strategy Inc $MSTR

Caitong International Asset Management Co. Ltd bought a new stake in Strategy Inc (NASDAQ:MSTR) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 9,557 shares of the software maker’s stock, valued at approximately $3,863,000. Strategy comprises about 2.8% of Caitong International Asset Management Co. Ltd’s holdings, making the stock its 7th largest position.

A number of other large investors have also recently bought and sold shares of MSTR. MCF Advisors LLC purchased a new stake in Strategy in the second quarter valued at approximately $35,000. Maseco LLP purchased a new stake in Strategy in the second quarter valued at approximately $36,000. Hexagon Capital Partners LLC boosted its position in Strategy by 7,750.0% in the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker’s stock valued at $45,000 after buying an additional 155 shares during the last quarter. SJS Investment Consulting Inc. boosted its position in Strategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after buying an additional 24 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. boosted its position in Strategy by 57.3% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock valued at $48,000 after buying an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Strategy Stock Up 1.5%

NASDAQ MSTR opened at $284.92 on Friday. The business has a fifty day moving average price of $327.96 and a 200 day moving average price of $362.29. Strategy Inc has a one year low of $218.25 and a one year 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. The company has a market cap of $80.79 billion, a P/E ratio of 25.08 and a beta of 3.83.

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on MSTR shares. TD Cowen dropped their target price on Strategy from $640.00 to $620.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Wells Fargo & Company reissued an “equal weight” rating and issued a $54.00 price target (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. BTIG Research boosted their price target on Strategy from $620.00 to $700.00 and gave the company a “buy” rating in a report on Friday, August 1st. Benchmark reissued a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. Finally, Citigroup started coverage on Strategy in a report on Tuesday. They issued a “buy” rating and a $485.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.47.

Insider Transactions at Strategy

In other news, Director Gregg Winiarski acquired 10,000 shares of Strategy stock in a transaction that occurred on Friday, August 8th. The stock was purchased at an average cost of $97.65 per share, with a total value of $976,500.00. Following the purchase, the director owned 10,000 shares in the company, valued at $976,500. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $395.00, for a total value of $7,406,250.00. Following the completion of the transaction, the chief financial officer directly owned 24,460 shares of the company’s stock, valued at approximately $9,661,700. This represents a 43.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders acquired 289,254 shares of company stock worth $26,372,670 and sold 65,000 shares worth $24,099,750. 8.46% of the stock is owned by company 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.