Canopy Partners LLC Takes Position in Strategy Inc $MSTR

Canopy Partners LLC bought a new position in Strategy Inc (NASDAQ:MSTR) in the second quarter, according to its most recent filing with the SEC. The firm bought 515 shares of the software maker’s stock, valued at approximately $208,000.

Other institutional investors also recently bought and sold shares of the company. Fiduciary Alliance LLC boosted its stake in Strategy by 28.4% in the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock worth $18,157,000 after purchasing an additional 9,937 shares in the last quarter. Swedbank AB acquired a new stake in Strategy in the 1st quarter worth approximately $17,352,000. GAMMA Investing LLC boosted its stake in Strategy by 47.7% in the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after purchasing an additional 268 shares in the last quarter. Yousif Capital Management LLC boosted its stake in Strategy by 42.9% in the 1st quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker’s stock worth $839,000 after purchasing an additional 873 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in Strategy in the 1st quarter worth approximately $13,795,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Monness Crespi & Hardt lifted their target price on shares of Strategy from $175.00 to $200.00 and gave the stock a “sell” rating in a research note on Tuesday, July 15th. Wells Fargo & Company restated an “equal weight” rating and set a $54.00 price objective (down from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a research note on Wednesday, August 13th. Mizuho lifted their price objective on shares of Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research note on Monday, August 11th. Finally, Cowen restated a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and an average target price of $509.54.

Strategy Price Performance

NASDAQ:MSTR opened at $330.80 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market cap of $93.80 billion, a price-to-earnings ratio of 29.12 and a beta of 3.83. The company has a 50 day moving average price of $347.86 and a 200-day moving average price of $362.95. Strategy Inc has a 1-year low of $178.00 and a 1-year high of $543.00.

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

Insider Activity

In other news, EVP Wei-Ming Shao bought 12,500 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was purchased at an average cost of $96.92 per share, with a total value of $1,211,500.00. Following the acquisition, the executive vice president directly owned 15,000 shares in the company, valued at $1,453,800. This trade represents a 500.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Jeanine Montgomery sold 43,750 shares of the business’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $430.54, for a total transaction of $18,836,125.00. Following the completion of the sale, the chief accounting officer directly owned 8,606 shares of the company’s stock, valued at approximately $3,705,227.24. The trade was a 83.56% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 265,474 shares of company stock worth $24,056,259 and sold 99,650 shares worth $41,427,476. Company insiders own 8.46% of the company’s stock.

Strategy 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.