Strategy Inc $MSTR Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. trimmed its stake in shares of Strategy Inc (NASDAQ:MSTR) by 63.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,311 shares of the software maker’s stock after selling 7,408 shares during the quarter. Harbour Investments Inc.’s holdings in Strategy were worth $1,743,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. MCF Advisors LLC acquired a new stake in shares of Strategy during the 2nd quarter worth approximately $35,000. Maseco LLP acquired a new stake in shares of Strategy during the 2nd quarter worth approximately $36,000. SJS Investment Consulting Inc. raised its position in shares of Strategy by 25.8% during 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. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Strategy by 57.3% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock worth $48,000 after purchasing an additional 43 shares during the period. Finally, V Square Quantitative Management LLC acquired a new stake in shares of Strategy during the 2nd quarter worth approximately $51,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MSTR has been the topic of several analyst reports. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a research report on Wednesday, August 13th. China Renaissance initiated coverage on Strategy in a research report on Wednesday. They issued a “buy” rating and a $473.00 target price on the stock. Mizuho raised their target price on Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. Cowen restated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Strategy currently has an average rating of “Moderate Buy” and an average target price of $506.93.

Strategy Stock Performance

Shares of NASDAQ MSTR opened at $283.84 on Friday. The stock has a fifty day moving average price of $337.93 and a two-hundred day moving average price of $362.34. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market cap of $80.48 billion, a P/E ratio of 24.99 and a beta of 3.83. Strategy Inc has a 1 year low of $185.81 and a 1 year high of $543.00.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings results 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. The firm had revenue of $114.49 million during the quarter, compared to analyst estimates of $112.68 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the company posted ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity

In other news, CFO Andrew Kang sold 18,750 shares of the firm’s stock in a transaction on Thursday, August 7th. The stock was 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Wei-Ming Shao sold 30,000 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total value of $10,721,100.00. Following the sale, the executive vice president directly owned 12,726 shares of the company’s stock, valued at approximately $4,547,890.62. This represents a 70.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders purchased 265,474 shares of company stock worth $24,056,259 and sold 65,000 shares worth $24,099,750. Company insiders own 8.46% of the company’s stock.

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.