Tradewinds LLC. Buys New Position in Strategy Inc $MSTR

Tradewinds LLC. purchased a new position in shares of Strategy Inc (NASDAQ:MSTR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,376 shares of the software maker’s stock, valued at approximately $556,000.

Other hedge funds have also made changes to their positions in the company. Greenleaf Trust increased its stake in Strategy by 17.1% during the 1st quarter. Greenleaf Trust now owns 5,671 shares of the software maker’s stock worth $1,635,000 after buying an additional 828 shares during the period. Moloney Securities Asset Management LLC grew its stake in shares of Strategy by 62.1% in the first quarter. Moloney Securities Asset Management LLC now owns 1,318 shares of the software maker’s stock worth $380,000 after acquiring an additional 505 shares in the last quarter. Correct Capital Wealth Management grew its stake in shares of Strategy by 12.4% in the first quarter. Correct Capital Wealth Management now owns 188,463 shares of the software maker’s stock worth $54,328,000 after acquiring an additional 20,790 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of Strategy during the first quarter worth $13,795,000. Finally, Hollencrest Capital Management raised its stake in shares of Strategy by 4.0% in the first quarter. Hollencrest Capital Management now owns 1,934 shares of the software maker’s stock valued at $558,000 after acquiring an additional 75 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

Strategy Price Performance

MSTR stock opened at $255.00 on Thursday. The business has a 50 day moving average price of $313.81 and a 200 day moving average price of $361.94. 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 stock has a market cap of $72.31 billion, a price-to-earnings ratio of 22.45 and a beta of 3.87. Strategy Inc has a fifty-two week low of $231.51 and a fifty-two week high of $543.00.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data 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 net margin of 1,036.61% and a return on equity of 18.83%. The company had revenue of $128.69 million for the quarter, compared to analysts’ expectations of $116.76 million. During the same quarter last year, the company earned ($1.56) earnings per share. The firm’s revenue for the quarter was up 10.9% 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 business’s stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the transaction, the executive vice president owned 12,726 shares in the company, valued at approximately $4,547,890.62. The trade was a 70.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Gregg Winiarski bought 10,000 shares of the business’s stock in a transaction on Friday, August 8th. The shares were acquired at an average price of $97.65 per share, with a total value of $976,500.00. Following the transaction, the director owned 10,000 shares of the company’s stock, valued at $976,500. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 46,399 shares of company stock worth $4,515,720 in the last three months. Insiders own 8.46% of the company’s stock.

Wall Street Analysts Forecast Growth

MSTR has been the subject of several analyst reports. 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. Mizuho boosted their price objective on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. HC Wainwright reduced their target price on shares of Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a report on Monday. Benchmark reiterated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Finally, Citigroup started coverage on shares of Strategy in a research report on Tuesday, October 21st. They issued a “buy” rating and a $485.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $485.80.

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.