Prudential Financial Inc. Acquires 7,527 Shares of Strategy Inc $MSTR

Prudential Financial Inc. increased its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 51.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,180 shares of the software maker’s stock after acquiring an additional 7,527 shares during the quarter. Prudential Financial Inc.’s holdings in Strategy were worth $8,966,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. MCF Advisors LLC bought a new position in Strategy in the second quarter valued at approximately $35,000. Maseco LLP bought a new stake in shares of Strategy in the second quarter worth $36,000. SJS Investment Consulting Inc. increased its stake in shares of 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 buying an additional 24 shares during the period. E Fund Management Hong Kong Co. Ltd. increased its position in Strategy by 57.3% during 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 period. Finally, AlphaQuest LLC increased its position in shares of Strategy by 454.5% during the second quarter. AlphaQuest LLC now owns 122 shares of the software maker’s stock worth $49,000 after buying an additional 100 shares during the period. Institutional investors own 59.84% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jarrod M. Patten purchased 12,000 shares of the firm’s stock in a transaction that occurred on Friday, October 17th. The stock was acquired at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the acquisition, the director owned 29,335 shares of the company’s stock, valued at $2,841,974.80. This represents a 69.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Wei-Ming Shao sold 2,600 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total value of $525,252.00. Following the completion of the sale, the executive vice president directly owned 32,726 shares of the company’s stock, valued at $6,611,306.52. The trade was a 7.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders purchased 37,380 shares of company stock valued at $3,632,719 and sold 53,177 shares valued at $17,122,166. Corporate insiders own 8.46% of the company’s stock.

Strategy Stock Performance

Shares of MSTR stock opened at $178.11 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The firm has a fifty day simple moving average of $268.36 and a two-hundred day simple moving average of $341.14. Strategy Inc has a 12 month low of $166.01 and a 12 month high of $457.22. The firm has a market capitalization of $51.18 billion, a PE ratio of 15.68 and a beta of 3.87.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $8.52. The firm had revenue of $128.69 million for the quarter, compared to analyst estimates of $116.65 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 10.9% compared to the same quarter last year. During the same period last year, the firm earned ($1.56) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on MSTR shares. Monness Crespi & Hardt raised Strategy from a “sell” rating to a “neutral” rating in a research note on Monday, November 10th. Cantor Fitzgerald lowered their price objective on shares of Strategy from $697.00 to $560.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Cowen reissued a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Benchmark reaffirmed a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Finally, China Renaissance began coverage on shares of Strategy in a research report on Wednesday, October 15th. They set a “buy” rating and a $473.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Strategy currently has an average rating of “Moderate Buy” and a consensus price target of $485.80.

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.