Global Wealth Strategies & Associates Sells 215 Shares of Strategy Inc $MSTR

Global Wealth Strategies & Associates trimmed its position in Strategy Inc (NASDAQ:MSTR) by 52.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 193 shares of the software maker’s stock after selling 215 shares during the period. Global Wealth Strategies & Associates’ holdings in Strategy were worth $78,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of MSTR. Ethic Inc. bought a new position in shares of Strategy in the 4th quarter valued at $332,000. Focus Partners Wealth raised its position in Strategy by 35.5% during the 4th quarter. Focus Partners Wealth now owns 3,592 shares of the software maker’s stock worth $1,051,000 after purchasing an additional 942 shares during the last quarter. Janus Henderson Group PLC raised its position in Strategy by 12.8% during the 4th quarter. Janus Henderson Group PLC now owns 13,200 shares of the software maker’s stock worth $3,825,000 after purchasing an additional 1,500 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new position in Strategy during the 4th quarter worth $297,000. Finally, Quantinno Capital Management LP raised its position in Strategy by 117.6% during the 4th quarter. Quantinno Capital Management LP now owns 3,642 shares of the software maker’s stock worth $1,055,000 after purchasing an additional 1,968 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

Strategy Stock Performance

Shares of Strategy stock opened at $331.44 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 business has a 50-day moving average price of $379.35 and a two-hundred day moving average price of $356.71. Strategy Inc has a 1-year low of $128.51 and a 1-year high of $543.00. The company has a market cap of $93.98 billion, a P/E ratio of 29.18 and a beta of 3.82.

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 analysts’ consensus estimates of ($0.12) by $32.72. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The firm had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. During the same period last year, the business posted ($5.74) EPS. The business’s revenue was up 2.7% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analysts Set New Price Targets

MSTR has been the subject of several analyst reports. Monness Crespi & Hardt raised their target price on Strategy from $175.00 to $200.00 and gave the stock a “sell” rating in a research report on Tuesday, July 15th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $464.00 target price on shares of Strategy in a research report on Tuesday, August 26th. TD Cowen raised their target price on Strategy from $590.00 to $680.00 and gave the stock a “buy” rating in a research report on Tuesday, July 15th. Cowen reaffirmed a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Strategy in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $552.50.

Insider Buying and Selling

In other news, Director Jane A. Dietze bought 1,500 shares of Strategy stock in a transaction dated Tuesday, July 29th. The stock was bought at an average cost of $90.00 per share, for a total transaction of $135,000.00. Following the purchase, the director directly owned 1,500 shares in the company, valued at approximately $135,000. This represents a ? increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the firm’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $395.00, for a total value of $7,406,250.00. Following the completion of the sale, the chief financial officer owned 24,460 shares of the company’s stock, valued at approximately $9,661,700. This represents a 43.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders acquired 252,974 shares of company stock worth $22,844,759 and sold 142,150 shares worth $59,289,351. 8.46% of the stock is currently owned by corporate insiders.

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.