Mitsubishi UFJ Trust & Banking Corp Buys 5,566 Shares of Strategy Inc $MSTR

Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Strategy Inc (NASDAQ:MSTR) by 5.5% in the second quarter, Holdings Channel reports. The institutional investor owned 106,793 shares of the software maker’s stock after buying an additional 5,566 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Strategy were worth $43,169,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of MSTR. MCF Advisors LLC purchased a new position in shares of Strategy in the 2nd quarter worth about $35,000. Maseco LLP purchased a new stake in Strategy during the 2nd quarter valued at about $36,000. SJS Investment Consulting Inc. increased its stake in Strategy by 25.8% during the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after purchasing an additional 24 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. raised its holdings in Strategy by 57.3% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock worth $48,000 after buying an additional 43 shares during the last quarter. Finally, AlphaQuest LLC raised its holdings in Strategy by 454.5% in the second quarter. AlphaQuest LLC now owns 122 shares of the software maker’s stock worth $49,000 after buying an additional 100 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MSTR has been the topic of a number of recent analyst reports. Mizuho increased their price target on shares of Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a report on Monday, August 11th. Monness Crespi & Hardt raised Strategy from a “sell” rating to a “neutral” rating in a research report on Monday. Benchmark reissued a “buy” rating on shares of Strategy in a report on Friday, October 31st. Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research note on Wednesday, October 8th. Finally, Cantor Fitzgerald lowered their price target on Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $485.80.

Insider Activity

In other news, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the transaction, the executive vice president directly owned 12,726 shares of the company’s stock, valued at $4,547,890.62. The trade was a 70.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jarrod M. Patten acquired 12,000 shares of the business’s stock in a transaction that occurred on Friday, October 17th. The shares were bought at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the completion of the purchase, the director owned 29,335 shares in the company, valued at $2,841,974.80. This trade represents a 69.22% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 36,399 shares of company stock valued at $3,539,220 in the last three months. 8.46% of the stock is currently owned by corporate insiders.

Strategy Stock Performance

Shares of NASDAQ MSTR opened at $208.54 on Friday. Strategy Inc has a 12-month low of $207.03 and a 12-month high of $543.00. The firm has a market capitalization of $59.92 billion, a price-to-earnings ratio of 18.36 and a beta of 3.87. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The firm has a 50 day moving average of $301.32 and a 200 day moving average of $357.04.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $8.52. The business had revenue of $128.69 million for the quarter, compared to analysts’ expectations of $116.65 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the company posted ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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.