Strategy Inc $MSTR Position Lifted by Alta Advisers Ltd

Alta Advisers Ltd lifted its holdings in Strategy Inc (NASDAQ:MSTR) by 9.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,110 shares of the software maker’s stock after buying an additional 100 shares during the quarter. Alta Advisers Ltd’s holdings in Strategy were worth $449,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Yousif Capital Management LLC grew its stake in shares of Strategy by 42.9% in the 1st quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker’s stock worth $839,000 after purchasing an additional 873 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Strategy by 47.7% in the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after buying an additional 268 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of Strategy by 3.3% in the first quarter. Janney Montgomery Scott LLC now owns 27,905 shares of the software maker’s stock worth $8,044,000 after buying an additional 881 shares during the period. FNY Investment Advisers LLC acquired a new stake in shares of Strategy during the first quarter worth approximately $854,000. Finally, EQ Wealth Advisors LLC acquired a new stake in shares of Strategy during the first quarter worth approximately $88,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jane A. Dietze bought 1,500 shares of Strategy stock in a transaction that occurred on Tuesday, July 29th. The shares were acquired at an average cost of $90.00 per share, for a total transaction of $135,000.00. Following the completion of the acquisition, the director directly owned 1,500 shares of the company’s stock, valued at approximately $135,000. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $395.00, for a total value of $7,406,250.00. Following the completion of the sale, the chief financial officer owned 24,460 shares in the company, valued at $9,661,700. The trade was 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 purchased 265,474 shares of company stock valued at $24,056,259 and sold 75,900 shares valued at $28,992,651. Insiders own 8.46% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on MSTR. TD Cowen reduced their target price 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. Weiss Ratings reissued a “hold (c)” rating on shares of Strategy in a research report on Wednesday. Benchmark reaffirmed a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $464.00 target price on shares of Strategy in a research report on Tuesday, August 26th. Finally, Monness Crespi & Hardt boosted 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. One research 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. According to MarketBeat, Strategy currently has an average rating of “Moderate Buy” and an average price target of $509.54.

Strategy Price Performance

NASDAQ:MSTR opened at $304.79 on Friday. The firm has a fifty day simple moving average of $345.00 and a 200 day simple moving average of $362.81. Strategy Inc has a 1-year low of $185.81 and a 1-year high of $543.00. The stock has a market capitalization of $86.42 billion, a PE ratio of 26.83 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 issued its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $32.72. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company had revenue of $114.49 million for the quarter, compared to analysts’ expectations of $112.68 million. During the same quarter last year, the business earned ($5.74) earnings per share. Strategy’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 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.