Brookstone Capital Management Raises Stock Holdings in Strategy Inc $MSTR

Brookstone Capital Management boosted its stake in shares of Strategy Inc (NASDAQ:MSTR) by 3.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,102 shares of the software maker’s stock after purchasing an additional 545 shares during the quarter. Brookstone Capital Management’s holdings in Strategy were worth $6,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Fiduciary Alliance LLC grew its position in shares of 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 buying an additional 9,937 shares during the last quarter. Swedbank AB acquired a new stake in Strategy in the first quarter valued at approximately $17,352,000. GAMMA Investing LLC boosted its stake in Strategy by 47.7% in the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock valued at $239,000 after acquiring an additional 268 shares in the last quarter. Maryland State Retirement & Pension System grew its holdings in Strategy by 12.2% in the second quarter. Maryland State Retirement & Pension System now owns 12,140 shares of the software maker’s stock worth $4,907,000 after purchasing an additional 1,321 shares during the last quarter. Finally, Shariaportfolio Inc. increased its position in shares of Strategy by 2.9% during the second quarter. Shariaportfolio Inc. now owns 90,138 shares of the software maker’s stock worth $36,436,000 after purchasing an additional 2,541 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Monness Crespi & Hardt raised their price objective on Strategy from $175.00 to $200.00 and gave the stock a “sell” rating in a research report on Tuesday, July 15th. Mizuho boosted their price target on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research note on Monday, August 11th. Citigroup assumed coverage on shares of Strategy in a report on Tuesday. They set a “buy” rating and a $485.00 price objective on the stock. Cowen reiterated a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. Finally, Benchmark restated a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Strategy has a consensus rating of “Moderate Buy” and an average target price of $505.47.

Insider Activity

In related news, Director Gregg Winiarski purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average price of $97.65 per share, with a total value of $976,500.00. Following the purchase, the director owned 10,000 shares of the company’s stock, valued at $976,500. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Peter L. Briger, Jr. acquired 220,000 shares of Strategy stock in a transaction on Tuesday, July 29th. The shares were bought at an average price of $90.00 per share, with a total value of $19,800,000.00. Following the completion of the transaction, the director directly owned 220,000 shares of the company’s stock, valued at $19,800,000. This trade represents a ? increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 289,254 shares of company stock worth $26,372,670 and have sold 65,000 shares worth $24,099,750. Corporate insiders own 8.46% of the company’s stock.

Strategy Trading Up 1.5%

Strategy stock opened at $284.92 on Friday. The stock has a 50-day moving average price of $327.96 and a 200 day moving average price of $362.29. The company has a market capitalization of $80.79 billion, a price-to-earnings ratio of 25.08 and a beta of 3.83. Strategy Inc has a 52 week low of $218.25 and a 52 week high of $543.00. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17.

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

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.