Evelyn Partners Investment Management Services Ltd Purchases 14,199 Shares of Strategy Inc $MSTR

Evelyn Partners Investment Management Services Ltd raised its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 17,529.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,280 shares of the software maker’s stock after acquiring an additional 14,199 shares during the period. Evelyn Partners Investment Management Services Ltd’s holdings in Strategy were worth $5,772,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Harvest Portfolios Group Inc. increased its holdings in shares of Strategy by 181.8% in the second quarter. Harvest Portfolios Group Inc. now owns 708,040 shares of the software maker’s stock worth $286,211,000 after buying an additional 456,745 shares during the period. National Pension Service grew its stake in shares of Strategy by 75.0% in the 2nd quarter. National Pension Service now owns 507,093 shares of the software maker’s stock worth $204,982,000 after buying an additional 217,358 shares during the last quarter. Legal & General Group Plc raised its stake in Strategy by 19.1% during the second quarter. Legal & General Group Plc now owns 1,168,437 shares of the software maker’s stock valued at $472,317,000 after buying an additional 187,291 shares during the last quarter. Swiss National Bank grew its stake in shares of Strategy by 17.1% in the second quarter. Swiss National Bank now owns 749,300 shares of the software maker’s stock worth $302,890,000 after acquiring an additional 109,500 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. bought a new position in shares of Strategy during the second quarter valued at $37,391,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Strategy Stock Down 3.7%

MSTR stock opened at $170.50 on Friday. The business’s 50-day moving average price is $284.48 and its 200-day moving average price is $349.00. The stock has a market cap of $48.99 billion, a P/E ratio of 15.01 and a beta of 3.87. 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 Inc has a twelve month low of $166.31 and a twelve month high of $457.22.

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 ($0.10) by $8.52. The company had revenue of $128.69 million for the quarter, compared to analysts’ expectations of $116.65 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the business earned ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insiders Place Their Bets

In other Strategy news, Director Jarrod M. Patten bought 12,000 shares of the firm’s stock in a transaction that occurred on Friday, October 17th. The shares were bought at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the purchase, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Wei-Ming Shao sold 2,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $202.02, for a total value of $525,252.00. Following the completion of the transaction, the executive vice president owned 32,726 shares of the company’s stock, valued at $6,611,306.52. The trade was a 7.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders acquired 36,399 shares of company stock valued at $3,539,220 and sold 53,177 shares valued at $17,122,166. Corporate insiders own 8.46% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Canaccord Genuity Group raised their price objective on shares of Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Cowen restated a “buy” rating on shares of Strategy in a report on Friday, October 31st. TD Cowen cut their target price on Strategy from $620.00 to $535.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Cantor Fitzgerald decreased their price target on Strategy from $697.00 to $560.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Finally, Monness Crespi & Hardt raised Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and an average price target of $485.80.

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.