Strategy Inc $MSTR Stock Holdings Boosted by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS lifted its position in shares of Strategy Inc (NASDAQ:MSTR) by 17.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 89,500 shares of the software maker’s stock after acquiring an additional 13,000 shares during the period. KLP Kapitalforvaltning AS’s holdings in Strategy were worth $36,179,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Fiduciary Alliance LLC grew its position in Strategy by 28.4% in the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock valued at $18,157,000 after buying an additional 9,937 shares in the last quarter. Swedbank AB bought a new position in Strategy in the 1st quarter valued at about $17,352,000. GAMMA Investing LLC grew its position in Strategy by 47.7% in the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock valued at $239,000 after buying an additional 268 shares in the last quarter. Yousif Capital Management LLC grew its position in Strategy by 42.9% in the 1st quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker’s stock valued at $839,000 after buying an additional 873 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd bought a new position in Strategy in the 1st quarter valued at about $13,795,000. Institutional investors own 59.84% of the company’s stock.

Strategy Stock Performance

NASDAQ:MSTR opened at $328.40 on Wednesday. Strategy Inc has a twelve month low of $178.00 and a twelve 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. The company has a 50-day moving average of $349.15 and a 200-day moving average of $363.17. The firm has a market cap of $93.12 billion, a price-to-earnings ratio of 28.91 and a beta of 3.83.

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

Insider Activity at Strategy

In other news, Director Gregg Winiarski acquired 10,000 shares of Strategy stock in a transaction on Friday, August 8th. The stock was bought at an average cost of $97.65 per share, with a total value of $976,500.00. Following the completion of the purchase, the director owned 10,000 shares of the company’s stock, valued at $976,500. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Wei-Ming Shao sold 10,000 shares of the company’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $355.79, for a total transaction of $3,557,900.00. Following the sale, the executive vice president directly owned 12,726 shares of the company’s stock, valued at $4,527,783.54. This represents a 44.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders bought 265,474 shares of company stock valued at $24,056,259 and sold 119,650 shares valued at $49,799,476. Corporate insiders own 8.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on MSTR shares. TD Cowen decreased their target price on shares of Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Monness Crespi & Hardt increased 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. Cantor Fitzgerald reiterated an “overweight” rating on shares of Strategy in a research report on Wednesday, August 13th. Cowen restated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Finally, BTIG Research raised their price objective on shares of Strategy from $620.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus 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.