Vestor Capital LLC Increases Holdings in Strategy Inc $MSTR

Vestor Capital LLC grew its stake in Strategy Inc (NASDAQ:MSTR) by 174.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,245 shares of the software maker’s stock after acquiring an additional 792 shares during the quarter. Vestor Capital LLC’s holdings in Strategy were worth $503,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legal & General Group Plc boosted its stake in Strategy by 19.1% in the 2nd quarter. Legal & General Group Plc now owns 1,168,437 shares of the software maker’s stock worth $472,317,000 after purchasing an additional 187,291 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Strategy by 5.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,066,971 shares of the software maker’s stock worth $431,302,000 after buying an additional 56,577 shares during the last quarter. Swiss National Bank lifted its stake in shares of Strategy by 17.1% in the second quarter. Swiss National Bank now owns 749,300 shares of the software maker’s stock worth $302,890,000 after buying an additional 109,500 shares in the last quarter. Harvest Portfolios Group Inc. grew its holdings in shares of Strategy by 181.8% during the second quarter. Harvest Portfolios Group Inc. now owns 708,040 shares of the software maker’s stock valued at $286,211,000 after buying an additional 456,745 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Strategy by 11.3% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker’s stock valued at $237,905,000 after buying an additional 59,688 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MSTR has been the subject of a number of recent analyst reports. China Renaissance began coverage on shares of Strategy in a report on Wednesday, October 15th. They issued a “buy” rating and a $473.00 price objective for the company. Benchmark restated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Cantor Fitzgerald lowered their price target on Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Canaccord Genuity Group lifted their price objective on Strategy from $464.00 to $474.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, Wells Fargo & Company restated an “equal weight” rating and set a $54.00 target price (down previously from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $485.80.

Insider Buying and Selling at Strategy

In other news, EVP Wei-Ming Shao sold 30,000 shares of the business’s stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jarrod M. Patten bought 12,000 shares of the firm’s stock in a transaction that occurred on Friday, October 17th. The stock was bought at an average cost of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the acquisition, the director owned 29,335 shares in the company, valued at $2,841,974.80. This trade represents a 69.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have bought 36,399 shares of company stock worth $3,539,220 and have sold 53,177 shares worth $17,122,166. Company insiders own 8.46% of the company’s stock.

Strategy Trading Down 3.7%

Strategy stock opened at $170.50 on Monday. The business has a 50-day simple moving average of $284.48 and a two-hundred day simple moving average of $348.44. Strategy Inc has a 52-week low of $166.31 and a 52-week high of $457.22. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The company has a market cap of $48.99 billion, a P/E ratio of 15.01 and a beta of 3.87.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $8.52. The company had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.65 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the firm posted ($1.56) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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.