International Assets Investment Management LLC Buys 202 Shares of Strategy Inc $MSTR

International Assets Investment Management LLC lifted its position in Strategy Inc (NASDAQ:MSTR) by 22.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,121 shares of the software maker’s stock after purchasing an additional 202 shares during the period. International Assets Investment Management LLC’s holdings in Strategy were worth $453,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. SJS Investment Consulting Inc. boosted its position in Strategy by 25.8% during the 2nd 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 period. Mutual Advisors LLC increased its position in shares of Strategy by 2.0% in the second quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker’s stock valued at $548,000 after acquiring an additional 27 shares during the period. Smith Anglin Financial LLC raised its stake in shares of Strategy by 1.2% during the second quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock valued at $1,025,000 after acquiring an additional 30 shares during the last quarter. Magnus Financial Group LLC boosted its holdings in shares of Strategy by 0.9% during the second quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker’s stock worth $1,479,000 after purchasing an additional 32 shares during the period. Finally, Beacon Capital Management LLC grew its stake in shares of Strategy by 0.8% in the second quarter. Beacon Capital Management LLC now owns 5,176 shares of the software maker’s stock worth $2,092,000 after purchasing an additional 39 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MSTR has been the topic of a number of research analyst reports. Benchmark restated a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. Wells Fargo & Company reissued an “equal weight” rating and set a $54.00 target price (down from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Strategy in a research note on Wednesday, August 13th. Canaccord Genuity Group reiterated a “buy” rating and issued a $464.00 price target on shares of Strategy in a report on Tuesday, August 26th. Finally, BTIG Research boosted their price objective on shares of Strategy from $620.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, August 1st. One 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $505.47.

Insider Transactions at Strategy

In other news, Director Jarrod M. Patten bought 12,000 shares of the firm’s stock in a transaction dated 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 transaction, the director owned 29,335 shares of the company’s stock, valued at approximately $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Peter L. Briger, Jr. bought 220,000 shares of the firm’s stock in a transaction dated Tuesday, July 29th. The stock was purchased at an average cost of $90.00 per share, with a total value of $19,800,000.00. Following the transaction, the director directly owned 220,000 shares in the company, valued at approximately $19,800,000. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 289,254 shares of company stock worth $26,372,670 and have sold 65,000 shares worth $24,099,750. 8.46% of the stock is currently owned by insiders.

Strategy Stock Up 1.8%

Shares of NASDAQ:MSTR opened at $301.91 on Wednesday. Strategy Inc has a 52-week low of $204.91 and a 52-week high of $543.00. The firm has a market capitalization of $85.61 billion, a P/E ratio of 26.58 and a beta of 3.83. The stock has a 50 day moving average price of $331.90 and a 200-day moving average price of $362.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68.

Strategy (NASDAQ:MSTR) last announced its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $112.68 million. During the same quarter in the prior year, the company earned ($5.74) EPS. The business’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.

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.