Syntegra Private Wealth Group LLC Has $1.06 Million Position in Strategy Inc $MSTR

Syntegra Private Wealth Group LLC increased its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 95.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,617 shares of the software maker’s stock after purchasing an additional 1,281 shares during the period. Syntegra Private Wealth Group LLC’s holdings in Strategy were worth $1,058,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. GAMMA Investing LLC raised its holdings in Strategy by 47.7% during the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after buying an additional 268 shares during the period. EQ Wealth Advisors LLC acquired a new position in shares of Strategy in the first quarter valued at approximately $88,000. Creative Financial Designs Inc. ADV increased its position in shares of Strategy by 21.1% during the first quarter. Creative Financial Designs Inc. ADV now owns 705 shares of the software maker’s stock worth $203,000 after acquiring an additional 123 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Strategy by 27.4% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 528,850 shares of the software maker’s stock worth $152,452,000 after acquiring an additional 113,752 shares in the last quarter. Finally, Amalgamated Bank raised its holdings in shares of Strategy by 43.0% during the first quarter. Amalgamated Bank now owns 12,455 shares of the software maker’s stock worth $3,590,000 after acquiring an additional 3,747 shares during the period. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Strategy

In other news, Director Peter L. Briger, Jr. bought 220,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 29th. The stock was acquired at an average cost of $90.00 per share, for a total transaction of $19,800,000.00. Following the purchase, the director owned 220,000 shares of the company’s stock, valued at approximately $19,800,000. This trade represents a ? increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total value of $10,721,100.00. Following the transaction, the executive vice president owned 12,726 shares of the company’s stock, valued at $4,547,890.62. The trade was a 70.21% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have acquired 289,254 shares of company stock valued at $26,372,670 and have sold 65,000 shares valued at $24,099,750. 8.46% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MSTR. Cowen reaffirmed a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. Wells Fargo & Company restated an “equal weight” rating and issued a $54.00 price target (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. China Renaissance assumed coverage on Strategy in a research report on Wednesday, October 15th. They set a “buy” rating and a $473.00 price objective for the company. Benchmark reiterated a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. Finally, Mizuho lifted their target price on Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $506.93.

Strategy Stock Up 2.3%

MSTR stock opened at $296.61 on Tuesday. The company has a market cap of $84.10 billion, a price-to-earnings ratio of 26.11 and a beta of 3.83. Strategy Inc has a twelve month low of $204.91 and a twelve month high of $543.00. The business has a 50 day moving average price of $333.75 and a two-hundred day moving average price of $363.16. 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 announced its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) 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 company had revenue of $114.49 million for the quarter, compared to analysts’ expectations of $112.68 million. During the same quarter in the prior 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.

About Strategy

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.