Steward Partners Investment Advisory LLC Acquires 3,846 Shares of Strategy Inc $MSTR

Steward Partners Investment Advisory LLC lifted its holdings in Strategy Inc (NASDAQ:MSTR) by 38.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,736 shares of the software maker’s stock after acquiring an additional 3,846 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Strategy were worth $5,553,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MSTR. Legal & General Group Plc lifted its holdings in Strategy by 19.1% in the 2nd quarter. Legal & General Group Plc now owns 1,168,437 shares of the software maker’s stock worth $472,317,000 after purchasing an additional 187,291 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Strategy by 5.6% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,066,971 shares of the software maker’s stock valued at $431,302,000 after buying an additional 56,577 shares during the last quarter. Swiss National Bank raised its position in shares of Strategy by 17.1% during the second quarter. Swiss National Bank now owns 749,300 shares of the software maker’s stock valued at $302,890,000 after buying an additional 109,500 shares during the last quarter. Harvest Portfolios Group Inc. lifted its holdings in shares of Strategy by 181.8% in the second quarter. Harvest Portfolios Group Inc. now owns 708,040 shares of the software maker’s stock worth $286,211,000 after buying an additional 456,745 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Strategy by 11.3% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker’s stock worth $237,905,000 after acquiring an additional 59,688 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Strategy Stock Performance

Strategy stock opened at $175.64 on Thursday. The company’s 50-day moving average price is $275.16 and its 200-day moving average price is $343.88. 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 market cap of $50.47 billion, a PE ratio of 15.46 and a beta of 3.87. Strategy Inc has a twelve month low of $166.01 and a twelve month high of $457.22.

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

Insider Activity

In related news, Director Jane A. Dietze bought 1,100 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was purchased at an average price of $95.28 per share, for a total transaction of $104,808.00. Following the acquisition, the director owned 2,600 shares in the company, valued at $247,728. This trade represents a 73.33% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jarrod M. Patten bought 12,000 shares of the business’s stock in a transaction dated Friday, October 17th. The shares were bought at an average cost of $96.88 per share, for a total transaction of $1,162,560.00. Following the transaction, the director owned 29,335 shares in the company, valued at approximately $2,841,974.80. The trade was a 69.22% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders purchased 37,380 shares of company stock valued at $3,632,719 and sold 53,177 shares valued at $17,122,166. Corporate insiders own 8.46% of the company’s stock.

Wall Street Analysts Forecast Growth

MSTR has been the subject of several research analyst reports. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $54.00 target price (down from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Canaccord Genuity Group increased their price objective on shares of Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Benchmark restated a “buy” rating on shares of Strategy in a research report on Friday, October 31st. HC Wainwright reduced their target price on Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Finally, Citigroup started coverage on Strategy in a research note on Tuesday, October 21st. They set a “buy” rating and a $485.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $485.80.

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.