Stratos Wealth Advisors LLC Has $3.46 Million Stock Holdings in Strategy Inc $MSTR

Stratos Wealth Advisors LLC increased its stake in shares of Strategy Inc (NASDAQ:MSTR) by 2.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,556 shares of the software maker’s stock after purchasing an additional 239 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Strategy were worth $3,459,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MSTR. Sumitomo Mitsui Trust Group Inc. increased its position in Strategy by 27.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 528,850 shares of the software maker’s stock worth $152,452,000 after purchasing an additional 113,752 shares in the last quarter. Mn Services Vermogensbeheer B.V. acquired a new position in Strategy during the 2nd quarter worth approximately $37,391,000. Swedbank AB acquired a new position in Strategy during the 1st quarter worth approximately $17,352,000. Robeco Institutional Asset Management B.V. increased its position in Strategy by 75.7% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 125,650 shares of the software maker’s stock worth $50,791,000 after purchasing an additional 54,144 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd acquired a new position in Strategy in the 1st quarter valued at approximately $13,795,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Mizuho upped their price target on shares of Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. BTIG Research upped their price target 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. Canaccord Genuity Group restated a “buy” rating and issued a $464.00 price target on shares of Strategy in a research report on Tuesday, August 26th. Wells Fargo & Company restated an “equal weight” rating and issued a $54.00 price target (down from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Finally, Cowen restated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $506.93.

Insider Buying and Selling at Strategy

In related news, CFO Andrew Kang sold 18,750 shares of the 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 transaction, the chief financial officer directly owned 24,460 shares of the company’s stock, valued at $9,661,700. This represents a 43.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Peter L. Briger, Jr. bought 220,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 29th. The shares were bought at an average cost of $90.00 per share, for a total transaction of $19,800,000.00. Following the completion of the purchase, the director owned 220,000 shares of the company’s stock, valued at $19,800,000. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 265,474 shares of company stock valued at $24,056,259 and sold 65,000 shares valued at $24,099,750. Insiders own 8.46% of the company’s stock.

Strategy Trading Up 2.1%

MSTR opened at $289.87 on Friday. Strategy Inc has a twelve month low of $197.10 and a twelve month high of $543.00. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The company has a fifty day moving average of $335.82 and a 200-day moving average of $362.23. The stock has a market cap of $82.19 billion, a PE ratio of 25.52 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 earnings per share for the quarter, topping the consensus estimate 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 period in the prior year, the company posted ($5.74) earnings per share. Strategy’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.

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.