Souders Financial Advisors Has $803,000 Stock Holdings in Strategy Inc $MSTR

Souders Financial Advisors reduced its stake in shares of Strategy Inc (NASDAQ:MSTR) by 28.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,987 shares of the software maker’s stock after selling 803 shares during the period. Souders Financial Advisors’ holdings in Strategy were worth $803,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. raised its holdings in Strategy by 11.3% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker’s stock worth $237,905,000 after buying an additional 59,688 shares during the period. Correct Capital Wealth Management raised its holdings in Strategy by 12.4% during the 1st quarter. Correct Capital Wealth Management now owns 188,463 shares of the software maker’s stock worth $54,328,000 after buying an additional 20,790 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in Strategy by 75.7% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 125,650 shares of the software maker’s stock worth $50,791,000 after buying an additional 54,144 shares during the period. TD Asset Management Inc raised its holdings in Strategy by 22.1% during the 2nd quarter. TD Asset Management Inc now owns 107,991 shares of the software maker’s stock worth $43,653,000 after buying an additional 19,565 shares during the period. Finally, Public Employees Retirement System of Ohio raised its holdings in Strategy by 26.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 101,880 shares of the software maker’s stock worth $41,183,000 after buying an additional 21,499 shares during the period. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Strategy news, Director Jarrod M. Patten bought 12,000 shares of the stock in a transaction 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 completion of the purchase, the director 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 purchase was disclosed in a filing with the SEC, 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 sale, the executive vice president owned 12,726 shares in the company, valued at approximately $4,547,890.62. This trade represents a 70.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders acquired 46,399 shares of company stock valued at $4,515,720. 8.46% of the stock is currently owned by corporate insiders.

Strategy Price Performance

NASDAQ:MSTR opened at $255.00 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The firm has a fifty day simple moving average of $313.81 and a 200 day simple moving average of $361.94. Strategy Inc has a 1-year low of $231.51 and a 1-year high of $543.00. The stock has a market capitalization of $72.31 billion, a PE ratio of 22.45 and a beta of 3.87.

Strategy (NASDAQ:MSTR) last posted its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $8.53. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.76 million. During the same quarter last year, the firm earned ($1.56) earnings per share. The company’s revenue was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analysts Set New Price Targets

Several analysts have commented on MSTR shares. Monness Crespi & Hardt set a $175.00 target price on shares of Strategy and gave the stock a “sell” rating in a report on Tuesday, October 28th. HC Wainwright decreased their price target on shares of Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a research note on Monday. Mizuho raised their price target on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research note on Monday, August 11th. Benchmark reaffirmed a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $485.80.

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.