Nisa Investment Advisors LLC Increases Stock Position in Strategy Inc $MSTR

Nisa Investment Advisors LLC boosted its stake in shares of Strategy Inc (NASDAQ:MSTR) by 30.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,605 shares of the software maker’s stock after buying an additional 4,840 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Strategy were worth $8,329,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Resonant Capital Advisors LLC boosted its stake in Strategy by 39.4% during the second quarter. Resonant Capital Advisors LLC now owns 991 shares of the software maker’s stock worth $401,000 after buying an additional 280 shares during the period. Atlatl Advisers LLC purchased a new position in shares of Strategy in the second quarter valued at approximately $895,000. Darden Wealth Group Inc purchased a new position in shares of Strategy in the second quarter valued at approximately $243,000. TSA Wealth Managment LLC purchased a new position in shares of Strategy in the second quarter valued at approximately $246,000. Finally, AG2R LA Mondiale Gestion D Actifs boosted its stake in shares of Strategy by 7.5% in the second quarter. AG2R LA Mondiale Gestion D Actifs now owns 9,324 shares of the software maker’s stock valued at $3,769,000 after purchasing an additional 648 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Strategy Stock Up 2.3%

Shares of Strategy stock opened at $295.63 on Tuesday. Strategy Inc has a 52-week low of $220.82 and a 52-week high of $543.00. The company has a 50 day moving average of $325.06 and a 200 day moving average of $363.96. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $83.83 billion, a P/E ratio of 26.02 and a beta of 3.83.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $32.72. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The company had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. During the same quarter in the previous year, the firm earned ($5.74) earnings per share. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity at Strategy

In other Strategy news, EVP Wei-Ming Shao sold 30,000 shares of the firm’s stock in a transaction that occurred 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 owned 12,726 shares of the company’s stock, valued at approximately $4,547,890.62. This trade represents a 70.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jarrod M. Patten acquired 12,000 shares of the business’s stock in a transaction on Friday, October 17th. The shares were bought at an average cost of $96.88 per share, for a total transaction of $1,162,560.00. Following the acquisition, the director owned 29,335 shares of the company’s stock, valued at $2,841,974.80. This represents a 69.22% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 46,399 shares of company stock worth $4,515,720 and sold 65,000 shares worth $24,099,750. 8.46% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MSTR has been the subject of several recent research reports. Cowen reissued a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. TD Cowen lowered their price objective on shares of Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. Benchmark reissued a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. Monness Crespi & Hardt raised their price objective on shares of Strategy from $175.00 to $200.00 and gave the company a “sell” rating in a research note on Tuesday, July 15th. Finally, China Renaissance initiated coverage on shares of Strategy in a research note on Wednesday, October 15th. They issued a “buy” rating and a $473.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $505.47.

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.