Strategy Inc $MSTR Shares Bought by Harfst & Associates Inc.

Harfst & Associates Inc. increased its position in shares of Strategy Inc (NASDAQ:MSTR) by 59.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,800 shares of the software maker’s stock after acquiring an additional 1,788 shares during the quarter. Harfst & Associates Inc.’s holdings in Strategy were worth $1,940,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. MCF Advisors LLC acquired a new stake in shares of Strategy during the 2nd quarter worth approximately $35,000. Maseco LLP acquired a new stake in Strategy during the second quarter worth $36,000. SJS Investment Consulting Inc. raised its position in Strategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after purchasing an additional 24 shares during the period. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of Strategy by 57.3% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock valued at $48,000 after purchasing an additional 43 shares during the last quarter. Finally, AlphaQuest LLC grew its holdings in shares of Strategy by 454.5% during the 2nd quarter. AlphaQuest LLC now owns 122 shares of the software maker’s stock worth $49,000 after purchasing an additional 100 shares during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.

Strategy Stock Up 2.0%

Strategy stock opened at $175.64 on Thursday. The firm has a market capitalization of $50.47 billion, a P/E ratio of 15.46 and a beta of 3.87. The stock’s fifty day simple moving average is $275.16 and its 200-day simple moving average is $343.88. Strategy Inc has a twelve month low of $166.01 and a twelve month high of $457.22. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $8.52. The company had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.65 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.Strategy’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In other news, Director Jane A. Dietze acquired 1,100 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was acquired at an average cost of $95.28 per share, with a total value of $104,808.00. Following the transaction, the director owned 2,600 shares in the company, valued at approximately $247,728. This trade represents a 73.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Wei-Ming Shao sold 30,000 shares of the stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total value of $10,721,100.00. Following the completion of the transaction, the executive vice president directly owned 12,726 shares in the company, valued at $4,547,890.62. This trade represents a 70.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders bought 37,380 shares of company stock worth $3,632,719 and sold 53,177 shares worth $17,122,166. 8.46% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on MSTR. HC Wainwright reduced their price objective on shares of Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Wells Fargo & Company reissued 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research report on Wednesday, October 8th. BTIG Research cut their target price on Strategy from $700.00 to $630.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Finally, Cantor Fitzgerald lowered their price target on Strategy from $697.00 to $560.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. 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 company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $485.80.

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.