Y Intercept Hong Kong Ltd Takes Position in Strategy Inc $MSTR

Y Intercept Hong Kong Ltd purchased a new stake in shares of Strategy Inc (NASDAQ:MSTR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 44,622 shares of the software maker’s stock, valued at approximately $18,038,000. Strategy comprises approximately 0.4% of Y Intercept Hong Kong Ltd’s holdings, making the stock its 15th largest holding.

Other hedge funds also recently made changes to their positions in the company. MCF Advisors LLC bought a new stake in shares of Strategy during the second quarter valued at approximately $35,000. Maseco LLP bought a new stake in Strategy during the second quarter worth approximately $36,000. Hexagon Capital Partners LLC raised its holdings in Strategy by 7,750.0% during the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker’s stock worth $45,000 after purchasing an additional 155 shares in the last quarter. SJS Investment Consulting Inc. raised its holdings in Strategy by 25.8% during the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock worth $47,000 after purchasing an additional 24 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. raised its holdings in Strategy by 57.3% during the second 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 in the last quarter. Institutional investors own 59.84% of the company’s stock.

Strategy Trading Up 1.5%

Strategy stock opened at $289.08 on Monday. Strategy Inc has a 1 year low of $220.82 and a 1 year high of $543.00. 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 $81.97 billion, a price-to-earnings ratio of 25.45 and a beta of 3.83. The firm’s 50 day moving average price is $326.41 and its two-hundred day moving average price is $363.97.

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 firm had revenue of $114.49 million for the quarter, compared to analysts’ expectations of $112.68 million. During the same period in the previous year, the company posted ($5.74) EPS. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity

In other news, Director Peter L. Briger, Jr. acquired 220,000 shares of the stock in a transaction on Tuesday, July 29th. The shares were purchased at an average cost of $90.00 per share, for a total transaction of $19,800,000.00. Following the transaction, the director owned 220,000 shares in the company, valued at approximately $19,800,000. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gregg Winiarski acquired 10,000 shares of the stock in a transaction on Friday, August 8th. The shares were purchased at an average price of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the transaction, the director owned 10,000 shares in the company, valued at approximately $976,500. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 289,254 shares of company stock worth $26,372,670 and sold 65,000 shares worth $24,099,750. 8.46% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Cantor Fitzgerald reissued an “overweight” rating on shares of Strategy in a report on Wednesday, August 13th. Mizuho boosted their target price on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a report on Monday, August 11th. Wells Fargo & Company reissued an “equal weight” rating and set a $54.00 target price (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. TD Cowen decreased their price target on shares of Strategy from $640.00 to $620.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Finally, BTIG Research lifted their price target on shares of Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $505.47.

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.