111 Capital Takes Position in Strategy Inc $MSTR

111 Capital purchased a new stake in Strategy Inc (NASDAQ:MSTR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 6,924 shares of the software maker’s stock, valued at approximately $2,799,000.

Several other hedge funds have also made changes to their positions in MSTR. First United Bank & Trust purchased a new stake in shares of Strategy in the 1st quarter valued at approximately $29,000. MCF Advisors LLC purchased a new stake in shares of Strategy in the 2nd quarter valued at approximately $35,000. Maseco LLP acquired a new position in shares of Strategy in the 2nd quarter worth approximately $36,000. Hexagon Capital Partners LLC lifted its holdings in shares of Strategy by 7,750.0% in the 1st quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker’s stock worth $45,000 after acquiring an additional 155 shares during the last quarter. Finally, SJS Investment Consulting Inc. lifted its holdings in shares of Strategy by 25.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock worth $47,000 after acquiring an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Insider Transactions at Strategy

In related news, CAO Jeanine Montgomery sold 43,750 shares of the stock in a transaction on Friday, July 11th. The shares were sold at an average price of $430.54, for a total value of $18,836,125.00. Following the transaction, the chief accounting officer directly owned 8,606 shares of the company’s stock, valued at $3,705,227.24. This trade represents a 83.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the completion of the transaction, the chief financial officer directly owned 24,460 shares in the company, valued at $9,661,700. This trade represents a 43.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders bought 265,474 shares of company stock worth $24,056,259 and sold 152,150 shares worth $62,847,251. Corporate insiders own 8.46% of the company’s stock.

Strategy Price Performance

Shares of MSTR opened at $351.63 on Friday. Strategy Inc has a twelve month low of $163.97 and a twelve month high of $543.00. The firm’s fifty day simple moving average is $351.36 and its 200-day simple moving average is $362.20. The firm has a market capitalization of $99.70 billion, a price-to-earnings ratio of 30.95 and a beta of 3.83. 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 announced its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $32.72. The business had revenue of $114.49 million for the quarter, compared to analyst estimates of $112.68 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The company’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the business earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on MSTR shares. TD Cowen decreased their price objective on shares of Strategy from $640.00 to $620.00 and set a “buy” rating on the stock in a report on Tuesday, September 16th. Monness Crespi & Hardt upped their price objective on shares of Strategy from $175.00 to $200.00 and gave the stock a “sell” rating in a report on Tuesday, July 15th. Cowen restated a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. BTIG Research upped their price objective on shares of Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $509.54.

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.