Prospera Financial Services Inc Raises Stock Holdings in Strategy Inc $MSTR

Prospera Financial Services Inc increased its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 228.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,108 shares of the software maker’s stock after acquiring an additional 23,710 shares during the quarter. Prospera Financial Services Inc’s holdings in Strategy were worth $13,787,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Harvest Portfolios Group Inc. raised its stake in shares of Strategy by 181.8% during the 2nd quarter. Harvest Portfolios Group Inc. now owns 708,040 shares of the software maker’s stock worth $286,211,000 after purchasing an additional 456,745 shares during the period. Mn Services Vermogensbeheer B.V. purchased a new stake in Strategy during the second quarter worth about $37,391,000. Strs Ohio increased its holdings in Strategy by 2,345.9% during the second quarter. Strs Ohio now owns 76,801 shares of the software maker’s stock worth $31,045,000 after buying an additional 73,661 shares during the last quarter. Swedbank AB bought a new stake in Strategy in the first quarter worth about $17,352,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in Strategy by 11.3% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker’s stock valued at $237,905,000 after acquiring an additional 59,688 shares during the last quarter. Institutional investors own 59.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on MSTR shares. Canaccord Genuity Group lifted their price target on shares of Strategy from $464.00 to $474.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Cowen reaffirmed a “buy” rating on shares of Strategy in a research report on Friday, October 31st. Cantor Fitzgerald decreased their price objective on Strategy from $697.00 to $560.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $54.00 price objective (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. Finally, Mizuho lifted their target price 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. One investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $485.80.

Insider Buying and Selling

In related news, Director Jarrod M. Patten purchased 12,000 shares of the firm’s stock in a transaction dated Friday, October 17th. The shares were purchased at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the acquisition, the director directly owned 29,335 shares of the company’s stock, valued at approximately $2,841,974.80. This represents a 69.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction 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 sale, the executive vice president directly owned 12,726 shares of the company’s stock, valued at $4,547,890.62. This represents a 70.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders acquired 36,399 shares of company stock valued at $3,539,220. Corporate insiders own 8.46% of the company’s stock.

Strategy Price Performance

Strategy stock opened at $241.93 on Friday. The stock has a market cap of $68.60 billion, a price-to-earnings ratio of 21.30 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. The business has a 50-day simple moving average of $309.93 and a 200 day simple moving average of $360.54. Strategy Inc has a 52 week low of $219.68 and a 52 week high of $543.00.

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

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.