United Capital Management of KS Inc. Grows Stock Holdings in Strategy Inc $MSTR

United Capital Management of KS Inc. increased its position in Strategy Inc (NASDAQ:MSTR) by 0.1% during the 2nd quarter, Holdings Channel reports. The firm owned 29,269 shares of the software maker’s stock after acquiring an additional 38 shares during the quarter. Strategy comprises approximately 1.9% of United Capital Management of KS Inc.’s investment portfolio, making the stock its 16th largest holding. United Capital Management of KS Inc.’s holdings in Strategy were worth $11,831,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of MSTR. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Strategy by 11.3% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker’s stock valued at $237,905,000 after acquiring an additional 59,688 shares during the period. Correct Capital Wealth Management grew its holdings in shares of Strategy by 12.4% during the first quarter. Correct Capital Wealth Management now owns 188,463 shares of the software maker’s stock valued at $54,328,000 after buying an additional 20,790 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Strategy by 75.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 125,650 shares of the software maker’s stock valued at $50,791,000 after purchasing an additional 54,144 shares during the period. TD Asset Management Inc increased its holdings in Strategy by 22.1% in the 2nd quarter. TD Asset Management Inc now owns 107,991 shares of the software maker’s stock worth $43,653,000 after buying an additional 19,565 shares during the period. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Strategy by 26.7% during the second quarter. Public Employees Retirement System of Ohio now owns 101,880 shares of the software maker’s stock worth $41,183,000 after purchasing an additional 21,499 shares during the last quarter. Institutional investors own 59.84% of the company’s stock.

Insiders Place Their Bets

In other Strategy news, Director Gregg Winiarski bought 10,000 shares of the firm’s stock in a transaction dated Friday, August 8th. The stock was acquired at an average price 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. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Peter L. Briger, Jr. acquired 220,000 shares of the firm’s stock in a transaction on Tuesday, July 29th. The shares were bought at an average cost 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 in the company, valued at $19,800,000. This trade represents a ? increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 289,254 shares of company stock valued at $26,372,670 and sold 65,000 shares valued at $24,099,750. 8.46% of the stock is currently owned by corporate insiders.

Strategy Trading Up 1.5%

NASDAQ:MSTR opened at $289.08 on Monday. The firm has a market cap of $81.97 billion, a PE ratio of 25.45 and a beta of 3.83. The stock has a fifty day moving average price of $326.41 and a 200 day moving average price of $363.97. Strategy Inc has a 12-month low of $220.82 and a 12-month high of $543.00. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17.

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

Analysts Set New Price Targets

Several analysts recently commented on MSTR shares. China Renaissance assumed coverage on shares of Strategy in a research report on Wednesday, October 15th. They set a “buy” rating and a $473.00 price target on the stock. Citigroup assumed coverage on Strategy in a research note on Tuesday, October 21st. They issued a “buy” rating and a $485.00 price objective for the company. Wells Fargo & Company restated an “equal weight” rating and set a $54.00 target price (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. Benchmark reaffirmed a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $464.00 price objective on shares of Strategy in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $505.47.

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.