Caitong International Asset Management Co. Ltd Buys Shares of 9,557 Strategy Inc $MSTR

Caitong International Asset Management Co. Ltd bought a new stake in Strategy Inc (NASDAQ:MSTR) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,557 shares of the software maker’s stock, valued at approximately $3,863,000. Strategy makes up 2.8% of Caitong International Asset Management Co. Ltd’s holdings, making the stock its 7th biggest position.

Several other large investors also recently added to or reduced their stakes in MSTR. GAMMA Investing LLC grew its holdings in Strategy by 47.7% in the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock valued at $239,000 after buying an additional 268 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Strategy by 21.1% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 705 shares of the software maker’s stock worth $203,000 after purchasing an additional 123 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of 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 during the period. Amalgamated Bank grew its holdings in shares of Strategy by 43.0% during the 1st quarter. Amalgamated Bank now owns 12,455 shares of the software maker’s stock worth $3,590,000 after purchasing an additional 3,747 shares during the period. Finally, Argent Advisors Inc. grew its holdings in shares of Strategy by 29.4% during the 1st quarter. Argent Advisors Inc. now owns 11,000 shares of the software maker’s stock worth $3,171,000 after purchasing an additional 2,500 shares during the period. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Strategy Price Performance

MSTR stock opened at $284.92 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. The firm has a market capitalization of $80.79 billion, a P/E ratio of 25.08 and a beta of 3.83. The business’s 50-day moving average is $327.96 and its two-hundred day moving average is $362.29. Strategy Inc has a 1 year low of $218.25 and a 1 year high of $543.00.

Strategy (NASDAQ:MSTR) last posted 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 company had revenue of $114.49 million for 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%.Strategy’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the company earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In other Strategy news, Director Peter L. Briger, Jr. bought 220,000 shares of the business’s stock in a transaction dated Tuesday, July 29th. The shares were acquired at an average price of $90.00 per share, with a total value of $19,800,000.00. Following the transaction, the director owned 220,000 shares of the company’s stock, valued at approximately $19,800,000. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Wei-Ming Shao sold 30,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $4,547,890.62. This trade represents a 70.21% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 289,254 shares of company stock worth $26,372,670 and have sold 65,000 shares worth $24,099,750. 8.46% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MSTR. Canaccord Genuity Group reiterated a “buy” rating and set a $464.00 price target on shares of Strategy in a report on Tuesday, August 26th. TD Cowen lowered their price target on Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a report on Wednesday, August 13th. Citigroup started coverage on Strategy in a report on Tuesday. They set a “buy” rating and a $485.00 target price for the company. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $505.47.

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.