Stonehage Fleming Financial Services Holdings Ltd Trims Holdings in Strategy Inc $MSTR

Stonehage Fleming Financial Services Holdings Ltd trimmed its position in Strategy Inc (NASDAQ:MSTR) by 63.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 160 shares of the software maker’s stock after selling 275 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Strategy were worth $65,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. increased its holdings in Strategy by 25.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock worth $47,000 after acquiring an additional 24 shares in the last quarter. Smith Anglin Financial LLC increased its holdings in Strategy by 1.2% in the 2nd quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock worth $1,025,000 after acquiring an additional 30 shares in the last quarter. Magnus Financial Group LLC increased its holdings in Strategy by 0.9% in the 2nd quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker’s stock worth $1,479,000 after acquiring an additional 32 shares in the last quarter. Beacon Capital Management LLC increased its holdings in Strategy by 0.8% in the 2nd quarter. Beacon Capital Management LLC now owns 5,176 shares of the software maker’s stock worth $2,092,000 after acquiring an additional 39 shares in the last quarter. Finally, Summit Financial LLC increased its holdings in Strategy by 5.3% in the 1st quarter. Summit Financial LLC now owns 815 shares of the software maker’s stock worth $235,000 after acquiring an additional 41 shares in the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Wei-Ming Shao sold 30,000 shares of the firm’s 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 transaction, 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jarrod M. Patten bought 5,555 shares of the business’s stock in a transaction on Tuesday, July 29th. The stock was bought at an average price of $90.00 per share, for a total transaction of $499,950.00. Following the purchase, the director directly owned 5,555 shares of the company’s stock, valued at $499,950. The trade was a ? increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 265,474 shares of company stock valued at $24,056,259 and have sold 75,900 shares valued at $28,992,651. Corporate insiders own 8.46% of the company’s stock.

Strategy Stock Down 4.8%

NASDAQ MSTR opened at $304.79 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market capitalization of $86.42 billion, a P/E ratio of 26.83 and a beta of 3.83. Strategy Inc has a one year low of $185.81 and a one year high of $543.00. The stock has a 50 day moving average price of $345.00 and a 200-day moving average price of $362.81.

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. The company had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.Strategy’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the company earned ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Mizuho increased their target price on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a report on Monday, August 11th. Benchmark restated a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research note on Wednesday. Wells Fargo & Company restated an “equal weight” rating and issued a $54.00 price target (down from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $464.00 price target on shares of Strategy in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $509.54.

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.