Friedenthal Financial Invests $935,000 in Strategy Inc $MSTR

Friedenthal Financial bought a new position in shares of Strategy Inc (NASDAQ:MSTR) in the second quarter, HoldingsChannel reports. The institutional investor bought 2,312 shares of the software maker’s stock, valued at approximately $935,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First United Bank & Trust acquired a new stake in Strategy in the 1st quarter worth about $29,000. MCF Advisors LLC acquired a new stake in Strategy in the 2nd quarter worth about $35,000. Maseco LLP acquired a new stake in Strategy in the 2nd quarter worth about $36,000. Hexagon Capital Partners LLC raised its stake in 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 purchasing an additional 155 shares in the last quarter. Finally, SJS Investment Consulting Inc. raised its stake in 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 purchasing an additional 24 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insider Activity at Strategy

In related news, Director Peter L. Briger, Jr. purchased 220,000 shares of the firm’s stock in a transaction that occurred 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 acquisition, the director owned 220,000 shares of the company’s stock, valued at $19,800,000. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gregg Winiarski bought 10,000 shares of Strategy stock in a transaction on Friday, August 8th. The shares were acquired at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the acquisition, the director directly owned 10,000 shares in the company, valued at approximately $976,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 265,474 shares of company stock worth $24,056,259 and sold 119,650 shares worth $49,799,476. Company insiders own 8.46% of the company’s stock.

Strategy Price Performance

Shares of NASDAQ:MSTR opened at $328.40 on Wednesday. The stock has a market capitalization of $93.12 billion, a PE ratio of 28.91 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. The firm has a 50 day moving average of $349.15 and a 200-day moving average of $363.17. Strategy Inc has a 12 month low of $178.00 and a 12 month high of $543.00.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, beating 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 net margin of 1,036.61% and a return on equity of 18.83%. The firm’s revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analysts Set New Price Targets

Several analysts have weighed in on MSTR shares. Canaccord Genuity Group reiterated a “buy” rating and issued a $464.00 price objective on shares of Strategy in a research note on Tuesday, August 26th. TD Cowen dropped their price objective on shares of Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. Wells Fargo & Company restated an “equal weight” rating and issued a $54.00 target price (down from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a research report on Wednesday, August 13th. Finally, Monness Crespi & Hardt boosted their target price on shares of Strategy from $175.00 to $200.00 and gave the company a “sell” rating in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.