Nwam LLC Trims Position in Strategy Inc $MSTR

Nwam LLC lessened its holdings in Strategy Inc (NASDAQ:MSTR) by 80.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 647 shares of the software maker’s stock after selling 2,594 shares during the period. Nwam LLC’s holdings in Strategy were worth $256,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of MSTR. Harvest Portfolios Group Inc. increased its holdings in Strategy by 181.8% in the 2nd quarter. Harvest Portfolios Group Inc. now owns 708,040 shares of the software maker’s stock worth $286,211,000 after acquiring an additional 456,745 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Strategy by 11.3% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker’s stock worth $237,905,000 after purchasing an additional 59,688 shares in the last quarter. ProShare Advisors LLC lifted its stake in shares of Strategy by 11.5% during the 2nd quarter. ProShare Advisors LLC now owns 346,462 shares of the software maker’s stock valued at $140,050,000 after buying an additional 35,699 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Strategy by 15.9% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 232,967 shares of the software maker’s stock worth $94,172,000 after buying an additional 31,915 shares during the period. Finally, Aviva PLC increased its stake in Strategy by 43.1% in the 2nd quarter. Aviva PLC now owns 185,087 shares of the software maker’s stock worth $74,818,000 after buying an additional 55,713 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on MSTR shares. Benchmark reiterated a “buy” rating on shares of Strategy in a research report on Friday, October 31st. Canaccord Genuity Group lifted their price objective on shares of Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Mizuho boosted their target price on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a report on Monday, August 11th. HC Wainwright cut their target price on shares of Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Finally, Monness Crespi & Hardt raised shares of Strategy from a “sell” rating to a “neutral” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $485.80.

Strategy Price Performance

Shares of Strategy stock opened at $208.54 on Friday. The stock has a market cap of $59.92 billion, a price-to-earnings ratio of 18.36 and a beta of 3.87. 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 stock has a 50 day moving average price of $301.32 and a 200-day moving average price of $357.04. Strategy Inc has a one year low of $207.03 and a one year high of $543.00.

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

Insider Buying and Selling

In other news, EVP Wei-Ming Shao sold 30,000 shares of the firm’s stock in a transaction 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 owned 12,726 shares in the company, valued at approximately $4,547,890.62. This trade represents a 70.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jarrod M. Patten acquired 12,000 shares of the company’s stock in a transaction dated Friday, October 17th. The shares were acquired at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the purchase, the director owned 29,335 shares of the company’s stock, valued at approximately $2,841,974.80. This represents a 69.22% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 36,399 shares of company stock valued at $3,539,220 in the last quarter. 8.46% of the stock is owned by company insiders.

About Strategy

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.