KBC Group NV Has $46.23 Million Stake in Strategy Inc $MSTR

KBC Group NV lifted its position in shares of Strategy Inc (NASDAQ:MSTR) by 20.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,376 shares of the software maker’s stock after buying an additional 19,383 shares during the period. KBC Group NV’s holdings in Strategy were worth $46,234,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Harvest Portfolios Group Inc. lifted its stake in Strategy by 181.8% in the 2nd quarter. Harvest Portfolios Group Inc. now owns 708,040 shares of the software maker’s stock valued at $286,211,000 after acquiring an additional 456,745 shares in the last quarter. National Pension Service raised its holdings in shares of Strategy by 75.0% in the second quarter. National Pension Service now owns 507,093 shares of the software maker’s stock valued at $204,982,000 after purchasing an additional 217,358 shares during the last quarter. Mn Services Vermogensbeheer B.V. acquired a new stake in shares of Strategy in the second quarter valued at approximately $37,391,000. Strs Ohio grew its position in Strategy by 2,345.9% in the second quarter. Strs Ohio now owns 76,801 shares of the software maker’s stock valued at $31,045,000 after purchasing an additional 73,661 shares in the last quarter. Finally, Swedbank AB acquired a new stake in Strategy in the 1st quarter valued at $17,352,000. 59.84% of the stock is currently owned by institutional investors.

Strategy Price Performance

NASDAQ:MSTR opened at $224.61 on Thursday. The company has a market cap of $64.54 billion, a P/E ratio of 19.77 and a beta of 3.87. The firm’s fifty day moving average price is $303.70 and its two-hundred day moving average price is $358.08. Strategy Inc has a one year low of $219.68 and a one year high of $543.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68.

Strategy (NASDAQ:MSTR) last posted its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.90 by $0.52. 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 during the quarter, compared to analysts’ expectations of $116.76 million. During the same quarter last year, the company posted ($1.56) EPS. Strategy’s quarterly revenue was up 10.9% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. HC Wainwright reduced their price objective on shares of Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. TD Cowen reduced their price target on Strategy from $620.00 to $535.00 and set a “buy” rating for the company in a research report on Friday, October 31st. BTIG Research lowered their price target on Strategy from $700.00 to $630.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Cowen reiterated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Finally, Mizuho raised their target price 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. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Strategy presently has a consensus rating of “Moderate Buy” and an average target price of $485.80.

Insider Activity at Strategy

In other news, Director Jarrod M. Patten bought 12,000 shares of the stock in a transaction dated Friday, October 17th. The shares were bought at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the purchase, the director owned 29,335 shares in the company, valued at approximately $2,841,974.80. This trade represents a 69.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction that occurred on 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 directly owned 12,726 shares of the company’s stock, valued at approximately $4,547,890.62. The trade was a 70.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have acquired 36,399 shares of company stock valued at $3,539,220 over the last 90 days. Company insiders own 8.46% of the company’s stock.

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.