Invictus Private Wealth LLC Decreases Stock Position in Strategy Inc $MSTR

Invictus Private Wealth LLC reduced its position in Strategy Inc (NASDAQ:MSTR) by 70.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,190 shares of the software maker’s stock after selling 12,285 shares during the period. Invictus Private Wealth LLC’s holdings in Strategy were worth $2,098,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in MSTR. First United Bank & Trust purchased a new position in Strategy in the 1st quarter worth approximately $29,000. MCF Advisors LLC purchased a new position in Strategy in the 2nd quarter worth approximately $35,000. Maseco LLP bought a new stake in Strategy in the 2nd quarter worth approximately $36,000. Hexagon Capital Partners LLC grew its position 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 during the period. Finally, SJS Investment Consulting Inc. grew its position 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 during the period. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on MSTR. Cowen reaffirmed a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Strategy in a research report on Wednesday, August 13th. Monness Crespi & Hardt lifted their target price on shares of Strategy from $175.00 to $200.00 and gave the stock a “sell” rating in a research report on Tuesday, July 15th. BTIG Research lifted their target price on shares of Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, TD Cowen cut 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. One 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 given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $509.54.

Strategy Trading Down 4.8%

Shares of MSTR stock opened at $304.79 on Friday. Strategy Inc has a 1 year low of $185.81 and a 1 year high of $543.00. The firm has a fifty day moving average price of $345.00 and a 200-day moving average price of $362.58. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market cap of $86.42 billion, a price-to-earnings ratio of 26.83 and a beta of 3.83.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 earnings per share (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 firm had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. During the same quarter in the previous year, the firm posted ($5.74) EPS. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In other news, Director Jarrod M. Patten bought 5,555 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The stock was bought at an average price of $90.00 per share, with a total value of $499,950.00. Following the acquisition, the director owned 5,555 shares of the company’s stock, valued at approximately $499,950. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Wei-Ming Shao sold 30,000 shares of the company’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the completion of the transaction, the executive vice president directly owned 12,726 shares of the company’s stock, valued at $4,547,890.62. This represents a 70.21% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have purchased 265,474 shares of company stock worth $24,056,259 and have sold 75,900 shares worth $28,992,651. 8.46% of the stock is currently owned by corporate insiders.

About Strategy

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.