Csenge Advisory Group Raises Position in Strategy Inc $MSTR

Csenge Advisory Group increased its holdings in Strategy Inc (NASDAQ:MSTR) by 3.2% during the second quarter, Holdings Channel.com reports. The firm owned 6,691 shares of the software maker’s stock after acquiring an additional 206 shares during the quarter. Csenge Advisory Group’s holdings in Strategy were worth $2,469,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Fiduciary Alliance LLC increased its position in shares of Strategy by 28.4% in the second quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock valued at $18,157,000 after acquiring an additional 9,937 shares during the period. D.A. Davidson & CO. increased its position in shares of Strategy by 71.4% in the second quarter. D.A. Davidson & CO. now owns 2,223 shares of the software maker’s stock valued at $899,000 after acquiring an additional 926 shares during the period. Swedbank AB purchased a new position in Strategy during the 1st quarter valued at about $17,352,000. Maryland State Retirement & Pension System increased its holdings in Strategy by 12.2% during the 2nd quarter. Maryland State Retirement & Pension System now owns 12,140 shares of the software maker’s stock valued at $4,907,000 after purchasing an additional 1,321 shares during the period. Finally, Shariaportfolio Inc. increased its holdings in Strategy by 2.9% during the 2nd quarter. Shariaportfolio Inc. now owns 90,138 shares of the software maker’s stock valued at $36,436,000 after purchasing an additional 2,541 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Insider Transactions at Strategy

In related news, Director Jarrod M. Patten bought 12,000 shares of the business’s stock in a transaction dated Friday, October 17th. The shares were purchased at an average cost of $96.88 per share, with a total value 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. The trade was a 69.22% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gregg Winiarski bought 10,000 shares of the business’s stock in a transaction dated Friday, August 8th. The stock was bought at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the purchase, the director owned 10,000 shares of the company’s stock, valued at approximately $976,500. The trade was a ? increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have purchased 46,399 shares of company stock valued at $4,515,720. Insiders own 8.46% of the company’s stock.

Strategy Price Performance

Shares of MSTR opened at $255.00 on Thursday. The stock has a market cap of $72.31 billion, a PE ratio of 22.45 and a beta of 3.87. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. Strategy Inc has a fifty-two week low of $231.51 and a fifty-two week high of $543.00. The firm’s 50-day simple moving average is $313.81 and its two-hundred day simple moving average is $361.94.

Strategy (NASDAQ:MSTR) last posted 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 ($0.11) by $8.53. The company had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.76 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MSTR. China Renaissance began coverage on Strategy in a research note on Wednesday, October 15th. They set a “buy” rating and a $473.00 target price on the stock. Monness Crespi & Hardt set a $175.00 price objective on shares of Strategy and gave the company a “sell” rating in a research report on Tuesday, October 28th. Cantor Fitzgerald reduced their price objective on shares of Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Wells Fargo & Company reiterated an “equal weight” rating and set a $54.00 price target (down previously from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Finally, Canaccord Genuity Group boosted their price target on shares of Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average 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.