2,744 Shares in Strategy Inc $MSTR Acquired by Williamson Legacy Group LLC

Williamson Legacy Group LLC bought a new position in shares of Strategy Inc (NASDAQ:MSTR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,744 shares of the software maker’s stock, valued at approximately $1,109,000.

A number of other hedge funds have also modified their holdings of MSTR. Norges Bank bought a new stake in shares of Strategy during the 2nd quarter valued at $1,203,062,000. Legal & General Group Plc increased its stake 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 buying an additional 187,291 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in 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 acquiring an additional 56,577 shares during the period. Swiss National Bank lifted its position in shares of Strategy by 17.1% in the second quarter. Swiss National Bank now owns 749,300 shares of the software maker’s stock valued at $302,890,000 after acquiring an additional 109,500 shares in the last quarter. Finally, Harvest Portfolios Group Inc. boosted its stake 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 acquiring an additional 456,745 shares during the period. 59.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Strategy 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 sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jarrod M. Patten acquired 12,000 shares of the firm’s stock in a transaction on Friday, October 17th. The shares were bought at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the transaction, the director owned 29,335 shares of the company’s stock, valued at approximately $2,841,974.80. This trade represents a 69.22% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders purchased 37,380 shares of company stock worth $3,632,719 and sold 53,177 shares worth $17,122,166. 8.46% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on MSTR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Strategy in a research note on Wednesday, October 8th. HC Wainwright lowered their target price on shares of Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Benchmark restated a “buy” rating on shares of Strategy in a research report on Friday, October 31st. Wells Fargo & Company reiterated an “equal weight” rating and issued a $54.00 price target (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. Finally, Cowen reiterated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $485.80.

Strategy Trading Up 1.4%

Shares of MSTR opened at $178.11 on Friday. The company’s fifty day moving average is $268.36 and its 200 day moving average is $341.14. Strategy Inc has a fifty-two week low of $166.01 and a fifty-two week high of $457.22. The stock has a market capitalization of $51.18 billion, a PE ratio of 15.68 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.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, beating the consensus estimate of ($0.10) by $8.52. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The business had revenue of $128.69 million during the quarter, compared to analyst estimates of $116.65 million. During the same quarter last year, the business earned ($1.56) earnings per share. Strategy’s quarterly revenue was up 10.9% compared to the same quarter last year. 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.