Arkadios Wealth Advisors Boosts Holdings in Strategy Inc $MSTR

Arkadios Wealth Advisors grew its stake in Strategy Inc (NASDAQ:MSTR) by 0.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,480 shares of the software maker’s stock after buying an additional 47 shares during the period. Arkadios Wealth Advisors’ holdings in Strategy were worth $2,215,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fiduciary Alliance LLC raised its holdings in shares of Strategy by 28.4% in the second quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock worth $18,157,000 after buying an additional 9,937 shares during the last quarter. D.A. Davidson & CO. raised its holdings in shares of Strategy by 71.4% in the second quarter. D.A. Davidson & CO. now owns 2,223 shares of the software maker’s stock worth $899,000 after buying an additional 926 shares during the last quarter. Swedbank AB purchased a new position in shares of Strategy in the first quarter worth $17,352,000. GAMMA Investing LLC raised its holdings in shares of Strategy by 47.7% in the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after buying an additional 268 shares during the last quarter. Finally, Maryland State Retirement & Pension System raised its holdings in shares of Strategy by 12.2% in the second quarter. Maryland State Retirement & Pension System now owns 12,140 shares of the software maker’s stock worth $4,907,000 after buying an additional 1,321 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Insider Activity

In other news, Director Gregg Winiarski purchased 10,000 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average cost of $97.65 per share, with a total value of $976,500.00. Following the completion of the acquisition, the director owned 10,000 shares of the company’s stock, valued at approximately $976,500. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Andrew Kang sold 18,750 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the sale, the chief financial officer directly owned 24,460 shares in the company, valued at $9,661,700. This trade represents a 43.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders bought 46,399 shares of company stock valued at $4,515,720 and sold 65,000 shares valued at $24,099,750. Corporate insiders own 8.46% of the company’s stock.

Wall Street Analysts Forecast Growth

MSTR has been the subject of a number of research analyst reports. BTIG Research raised their price target on shares of Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, August 1st. China Renaissance began coverage on shares of Strategy in a research note on Wednesday, October 15th. They issued a “buy” rating and a $473.00 price objective on the stock. Wells Fargo & Company reiterated an “equal weight” rating and issued a $54.00 price objective (down previously from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Strategy in a research note on Wednesday, August 13th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $464.00 price objective on shares of Strategy in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $503.80.

Strategy Stock Down 7.6%

NASDAQ:MSTR opened at $254.57 on Friday. The company’s fifty day moving average price is $320.98 and its 200-day moving average price is $363.12. Strategy Inc has a 1-year low of $220.82 and a 1-year high of $543.00. The firm has a market capitalization of $72.18 billion, a P/E ratio of 22.41 and a beta of 3.83. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68.

Strategy (NASDAQ:MSTR) last announced 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 ($0.11) by $8.53. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. During the same quarter in the prior year, the firm earned ($1.56) EPS. Strategy’s revenue was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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.