Waterloo Capital L.P. Takes Position in Strategy Inc $MSTR

Waterloo Capital L.P. purchased a new stake in Strategy Inc (NASDAQ:MSTR) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 550 shares of the software maker’s stock, valued at approximately $222,000.

Other large investors have also recently bought and sold shares of the company. MCF Advisors LLC acquired a new stake in Strategy in the second quarter valued at about $35,000. Maseco LLP bought a new stake in Strategy during the 2nd quarter worth approximately $36,000. SJS Investment Consulting Inc. increased its holdings in Strategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after purchasing an additional 24 shares during the period. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of Strategy by 57.3% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock valued at $48,000 after buying an additional 43 shares during the period. Finally, AlphaQuest LLC raised its holdings in Strategy by 454.5% during the 2nd quarter. AlphaQuest LLC now owns 122 shares of the software maker’s stock worth $49,000 after purchasing an additional 100 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Strategy in a research note on Wednesday, October 8th. Cowen reissued a “buy” rating on shares of Strategy in a research note on Friday, October 31st. China Renaissance began 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. Cantor Fitzgerald cut their price objective on Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Finally, Benchmark reissued a “buy” rating on shares of Strategy in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $485.80.

Insider Activity

In related news, Director Jarrod M. Patten bought 12,000 shares of Strategy stock in a transaction on Friday, October 17th. The stock was acquired at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the acquisition, the director directly owned 29,335 shares of the company’s stock, valued at $2,841,974.80. This represents a 69.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Wei-Ming Shao sold 30,000 shares of the company’s stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total value of $10,721,100.00. Following the sale, the executive vice president owned 12,726 shares in the company, valued at approximately $4,547,890.62. This represents a 70.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders purchased 37,380 shares of company stock worth $3,632,719 and sold 53,177 shares worth $17,122,166. 8.46% of the stock is owned by company insiders.

Strategy Stock Performance

Shares of MSTR stock opened at $172.19 on Wednesday. The firm’s 50 day moving average is $278.24 and its 200 day moving average is $345.06. The stock has a market capitalization of $49.48 billion, a P/E ratio of 15.16 and a beta of 3.87. Strategy Inc has a 12 month low of $166.01 and a 12 month high of $457.22. 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 released its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $8.52. 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 analyst estimates of $116.65 million. During the same period in the previous year, the business earned ($1.56) EPS. Strategy’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.

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.