SBI Securities Co. Ltd. Has $13.77 Million Stake in Strategy Inc $MSTR

SBI Securities Co. Ltd. lowered its stake in shares of Strategy Inc (NASDAQ:MSTR) by 7.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 34,061 shares of the software maker’s stock after selling 2,589 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Strategy were worth $13,768,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. National Pension Service raised its holdings in Strategy by 75.0% in the 2nd quarter. National Pension Service now owns 507,093 shares of the software maker’s stock valued at $204,982,000 after acquiring an additional 217,358 shares in the last quarter. Verus Capital Partners LLC increased its position in shares of Strategy by 82.9% in the second quarter. Verus Capital Partners LLC now owns 7,871 shares of the software maker’s stock worth $3,182,000 after purchasing an additional 3,567 shares during the period. STF Management LP increased its position in shares of Strategy by 3.3% in the second quarter. STF Management LP now owns 3,102 shares of the software maker’s stock worth $1,254,000 after purchasing an additional 100 shares during the period. Birchcreek Wealth Management LLC acquired a new position in Strategy in the second quarter valued at about $218,000. Finally, Vise Technologies Inc. bought a new stake in Strategy during the second quarter worth about $1,347,000. Institutional investors own 59.84% of the company’s stock.

Wall Street Analysts Forecast Growth

MSTR has been the topic of a number of analyst reports. 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 research note on Monday, November 3rd. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $54.00 price target (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. China Renaissance started coverage on shares of Strategy in a research note on Wednesday, October 15th. They issued a “buy” rating and a $473.00 price objective on the stock. Mizuho boosted their price objective on shares of Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. Finally, Cowen restated a “buy” rating on shares of Strategy in a research note 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 stock. Based on data from MarketBeat, Strategy presently has a consensus rating of “Moderate Buy” and a consensus target price of $485.80.

Strategy Trading Down 3.2%

Shares of Strategy stock opened at $231.35 on Wednesday. The firm has a market capitalization of $66.48 billion, a PE ratio of 20.37 and a beta of 3.87. 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’s 50 day moving average is $305.81 and its 200 day moving average is $359.02. Strategy Inc has a 1 year low of $219.68 and a 1 year high of $543.00.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, beating the consensus estimate of $7.90 by $0.52. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The business had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.76 million. During the same quarter in the prior year, the firm earned ($1.56) EPS. The firm’s revenue was up 10.9% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insiders Place Their Bets

In related news, EVP Wei-Ming Shao sold 30,000 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the sale, the executive vice president owned 12,726 shares of the company’s stock, valued at $4,547,890.62. This trade represents a 70.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jarrod M. Patten acquired 12,000 shares of Strategy stock in a transaction that occurred on Friday, October 17th. The shares were purchased at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the transaction, the director directly owned 29,335 shares in the company, valued at $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 36,399 shares of company stock valued at $3,539,220 over the last quarter. 8.46% of the stock is owned by corporate insiders.

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.