Rathbones Group PLC Grows Stock Holdings in Strategy Inc $MSTR

Rathbones Group PLC lifted its position in Strategy Inc (NASDAQ:MSTR) by 2.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,452 shares of the software maker’s stock after purchasing an additional 395 shares during the period. Rathbones Group PLC’s holdings in Strategy were worth $6,246,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of Strategy during the first quarter valued at approximately $13,795,000. Hollencrest Capital Management raised its stake in Strategy by 4.0% in the first quarter. Hollencrest Capital Management now owns 1,934 shares of the software maker’s stock worth $558,000 after buying an additional 75 shares in the last quarter. Lindbrook Capital LLC lifted its holdings in Strategy by 15.4% during the first quarter. Lindbrook Capital LLC now owns 622 shares of the software maker’s stock worth $179,000 after buying an additional 83 shares during the period. HighPoint Advisor Group LLC boosted its position in Strategy by 22.7% during the 1st quarter. HighPoint Advisor Group LLC now owns 4,462 shares of the software maker’s stock valued at $1,286,000 after acquiring an additional 825 shares in the last quarter. Finally, Wedbush Securities Inc. increased its holdings in shares of Strategy by 21.1% in the 1st quarter. Wedbush Securities Inc. now owns 10,503 shares of the software maker’s stock valued at $3,028,000 after acquiring an additional 1,830 shares during the period. Institutional investors own 59.84% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Wei-Ming Shao sold 30,000 shares of the business’s stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the sale, the executive vice president directly owned 12,726 shares of the company’s stock, valued at $4,547,890.62. The trade was a 70.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jarrod M. Patten bought 12,000 shares of Strategy stock in a transaction that occurred on Friday, October 17th. The stock was purchased at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the purchase, the director directly owned 29,335 shares in the company, valued at $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 36,399 shares of company stock worth $3,539,220 over the last three months. Corporate insiders own 8.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. China Renaissance began coverage on Strategy in a research note on Wednesday, October 15th. They set a “buy” rating and a $473.00 price objective for the company. Citigroup assumed coverage on shares of Strategy in a report on Tuesday, October 21st. They issued a “buy” rating and a $485.00 target price for the company. TD Cowen lowered their price target on shares of Strategy from $620.00 to $535.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Mizuho lifted their price objective 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, Monness Crespi & Hardt set a $175.00 price objective on shares of Strategy and gave the stock a “sell” rating in a research note on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Strategy presently has an average rating of “Moderate Buy” and an average price target of $485.80.

Strategy Price Performance

Shares of MSTR stock opened at $241.93 on Monday. Strategy Inc has a fifty-two week low of $219.68 and a fifty-two 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. The firm has a market capitalization of $68.60 billion, a price-to-earnings ratio of 21.30 and a beta of 3.87. The stock’s 50-day simple moving average is $309.93 and its 200-day simple moving average is $360.77.

Strategy (NASDAQ:MSTR) last released its earnings results on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $8.53. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The company had revenue of $128.69 million during the quarter, compared to analysts’ expectations of $116.76 million. During the same period last year, the business earned ($1.56) EPS. Strategy’s revenue for the quarter was up 10.9% on a year-over-year basis. 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.