Apollon Wealth Management LLC Boosts Stock Holdings in Strategy Inc $MSTR

Apollon Wealth Management LLC raised its holdings in Strategy Inc (NASDAQ:MSTR) by 3.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,822 shares of the software maker’s stock after purchasing an additional 414 shares during the period. Apollon Wealth Management LLC’s holdings in Strategy were worth $5,183,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MSTR. MCF Advisors LLC bought a new position in shares of Strategy in the second quarter valued at approximately $35,000. Maseco LLP bought a new position in shares of Strategy in the second quarter valued at approximately $36,000. Hexagon Capital Partners LLC boosted its position in shares of Strategy by 7,750.0% in the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker’s stock valued at $45,000 after acquiring an additional 155 shares during the period. SJS Investment Consulting Inc. boosted its position in shares of 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 acquiring an additional 24 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. boosted its position 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 acquiring an additional 43 shares during the period. 59.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Wei-Ming Shao sold 30,000 shares of the company’s stock in a transaction on 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 completion of the sale, the executive vice president owned 12,726 shares of the company’s stock, valued at approximately $4,547,890.62. This represents a 70.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Andrew Kang sold 18,750 shares of the company’s 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 sale, the chief financial officer directly owned 24,460 shares of the company’s stock, valued at $9,661,700. This trade represents a 43.39% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 265,474 shares of company stock worth $24,056,259 and have sold 75,900 shares worth $28,992,651. Company insiders own 8.46% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on MSTR. Monness Crespi & Hardt raised their price objective 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. Cowen restated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research report on Wednesday. Wells Fargo & Company reissued an “equal weight” rating and issued a $54.00 price target (down previously from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Finally, Benchmark reissued a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $509.54.

Strategy Price Performance

MSTR stock opened at $304.79 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. Strategy Inc has a one year low of $185.81 and a one year high of $543.00. The stock has a market cap of $86.42 billion, a PE ratio of 26.83 and a beta of 3.83. The firm has a 50 day simple moving average of $345.00 and a two-hundred day simple moving average of $362.81.

Strategy (NASDAQ:MSTR) last announced 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 company had revenue of $114.49 million during the quarter, compared to analysts’ expectations of $112.68 million. During the same quarter in the prior year, the company earned ($5.74) EPS. The firm’s revenue was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Strategy 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.