Andar Capital Management HK Ltd Reduces Stock Holdings in Strategy Inc $MSTR

Andar Capital Management HK Ltd reduced its position in shares of Strategy Inc (NASDAQ:MSTR) by 35.2% in the second quarter, HoldingsChannel reports. The firm owned 7,000 shares of the software maker’s stock after selling 3,800 shares during the quarter. Strategy makes up 3.3% of Andar Capital Management HK Ltd’s investment portfolio, making the stock its 11th largest position. Andar Capital Management HK Ltd’s holdings in Strategy were worth $2,830,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MSTR. SJS Investment Consulting Inc. boosted its holdings in shares of Strategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock worth $47,000 after buying an additional 24 shares during the last quarter. Mutual Advisors LLC raised its position in Strategy by 2.0% in the second quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker’s stock worth $548,000 after acquiring an additional 27 shares during the period. Smith Anglin Financial LLC boosted its stake in shares of Strategy by 1.2% during the 2nd quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock worth $1,025,000 after acquiring an additional 30 shares during the last quarter. GPS Wealth Strategies Group LLC grew its position in shares of Strategy by 2.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,163 shares of the software maker’s stock valued at $470,000 after acquiring an additional 31 shares during the period. Finally, Magnus Financial Group LLC grew its position in shares of Strategy by 0.9% during the 2nd quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker’s stock valued at $1,479,000 after acquiring an additional 32 shares during the period. Institutional investors own 59.84% of the company’s stock.

Strategy Price Performance

MSTR stock opened at $231.35 on Wednesday. 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’s fifty day moving average price is $305.81 and its 200-day moving average price is $359.02. Strategy Inc has a one year low of $219.68 and a one year high of $543.00. The company has a market capitalization of $65.60 billion, a PE ratio of 20.37 and a beta of 3.87.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.90 by $0.52. The company had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.76 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. Strategy’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MSTR. Cowen reaffirmed a “buy” rating on shares of Strategy in a report on Friday, October 31st. Monness Crespi & Hardt upgraded Strategy from a “sell” rating to a “neutral” rating in a research report on Monday. Canaccord Genuity Group raised their price objective on Strategy from $464.00 to $474.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Wells Fargo & Company reiterated an “equal weight” rating and set a $54.00 price objective (down from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Finally, China Renaissance assumed coverage on shares of Strategy in a report on Wednesday, October 15th. They issued a “buy” rating and a $473.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $485.80.

Insider Transactions at Strategy

In other news, Director Jarrod M. Patten bought 12,000 shares of Strategy stock in a transaction dated Friday, October 17th. The shares were purchased at an average cost of $96.88 per share, with a total value of $1,162,560.00. Following the completion of the acquisition, the director owned 29,335 shares of the company’s stock, valued at $2,841,974.80. This trade represents a 69.22% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Wei-Ming Shao sold 30,000 shares of the business’s stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total value of $10,721,100.00. Following the completion of the sale, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have bought 36,399 shares of company stock valued at $3,539,220. Company insiders own 8.46% of the company’s stock.

Strategy Company 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.