Mitsubishi UFJ Asset Management Co. Ltd. Has $94.17 Million Holdings in Strategy Inc $MSTR

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Strategy Inc (NASDAQ:MSTR) by 15.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 232,967 shares of the software maker’s stock after buying an additional 31,915 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.09% of Strategy worth $94,172,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Resona Asset Management Co. Ltd. boosted its position in shares of Strategy by 13.6% during the second quarter. Resona Asset Management Co. Ltd. now owns 77,914 shares of the software maker’s stock worth $31,298,000 after buying an additional 9,338 shares during the period. Tradewinds LLC. acquired a new stake in Strategy in the 2nd quarter valued at approximately $556,000. Fiduciary Alliance LLC lifted its stake in Strategy by 28.4% in the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock valued at $18,157,000 after acquiring an additional 9,937 shares in the last quarter. D.A. Davidson & CO. lifted its stake in Strategy by 71.4% in the 2nd quarter. D.A. Davidson & CO. now owns 2,223 shares of the software maker’s stock valued at $899,000 after acquiring an additional 926 shares in the last quarter. Finally, Achmea Investment Management B.V. boosted its position in Strategy by 1,867.3% during the 2nd quarter. Achmea Investment Management B.V. now owns 17,725 shares of the software maker’s stock worth $7,165,000 after acquiring an additional 16,824 shares during the last quarter. 59.84% of the stock is owned by institutional investors.

Strategy Stock Performance

NASDAQ MSTR opened at $241.93 on Friday. The firm has a market capitalization of $68.60 billion, a P/E ratio of 21.30 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’s fifty day moving average price is $309.93 and its two-hundred day moving average price is $360.67. Strategy Inc has a 1 year low of $219.68 and a 1 year high of $543.00.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $8.53. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The company had revenue of $128.69 million for the quarter, compared to analyst estimates of $116.76 million. During the same period in the previous year, the business earned ($1.56) EPS. Strategy’s revenue for the quarter was up 10.9% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In related news, EVP Wei-Ming Shao sold 30,000 shares of the business’s stock in a transaction that occurred on 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 approximately $4,547,890.62. The trade was a 70.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jarrod M. Patten purchased 12,000 shares of the company’s stock in a transaction that occurred on Friday, October 17th. The stock was acquired at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following 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. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 36,399 shares of company stock worth $3,539,220. Company insiders own 8.46% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on MSTR. China Renaissance began coverage on shares of Strategy in a report on Wednesday, October 15th. They issued a “buy” rating and a $473.00 price objective on the stock. Canaccord Genuity Group lifted their price target on shares of Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. BTIG Research cut their price target on shares of Strategy from $700.00 to $630.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Wells Fargo & Company restated an “equal weight” rating and set a $54.00 price objective (down from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Finally, Citigroup started coverage on Strategy in a report on Tuesday, October 21st. They issued a “buy” rating and a $485.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and an average price target of $485.80.

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.