Matauro LLC Sells 656 Shares of Strategy Inc $MSTR

Matauro LLC decreased its position in Strategy Inc (NASDAQ:MSTR) by 17.7% during the second quarter, HoldingsChannel.com reports. The fund owned 3,048 shares of the software maker’s stock after selling 656 shares during the quarter. Matauro LLC’s holdings in Strategy were worth $1,232,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. First United Bank & Trust bought a new stake in Strategy in the 1st quarter worth approximately $29,000. MCF Advisors LLC purchased a new position in Strategy during the 2nd quarter valued at $35,000. Maseco LLP purchased a new stake in shares of Strategy in the 2nd quarter worth $36,000. Hexagon Capital Partners LLC lifted its holdings in shares of Strategy by 7,750.0% in the 1st quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker’s stock worth $45,000 after buying an additional 155 shares during the period. Finally, SJS Investment Consulting Inc. lifted its holdings in shares of Strategy by 25.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock worth $47,000 after buying an additional 24 shares during the period. Institutional investors own 59.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on MSTR. TD Cowen reduced their price target on Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Mizuho upped their target price on Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. Wells Fargo & Company restated an “equal weight” rating and issued a $54.00 price objective (down from $65.00) on shares of Strategy in a research note on Tuesday. BTIG Research upped their target price on Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Cowen reiterated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Strategy currently has a consensus rating of “Moderate Buy” and an average price target of $509.54.

Insider Activity at Strategy

In other Strategy news, Director Gregg Winiarski purchased 10,000 shares of the firm’s stock in a transaction on Friday, August 8th. The stock was bought at an average cost of $97.65 per share, with a total value of $976,500.00. Following the acquisition, the director directly owned 10,000 shares of the company’s stock, valued at approximately $976,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Andrew Kang sold 18,750 shares of the business’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $395.00, for a total value of $7,406,250.00. Following the completion of the sale, the chief financial officer directly owned 24,460 shares of the company’s stock, valued at $9,661,700. The trade was a 43.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders bought 265,474 shares of company stock worth $24,056,259 and sold 152,150 shares worth $62,847,251. Corporate insiders own 8.46% of the company’s stock.

Strategy Trading Up 4.1%

Shares of NASDAQ MSTR opened at $352.33 on Friday. The stock has a market capitalization of $99.90 billion, a PE ratio of 31.01 and a beta of 3.83. The stock has a fifty day simple moving average of $352.44 and a 200-day simple moving average of $361.72. Strategy Inc has a twelve month low of $157.82 and a twelve month high of $543.00. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17.

Strategy (NASDAQ:MSTR) last released its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $32.72. The firm had revenue of $114.49 million during the quarter, compared to analyst estimates of $112.68 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.Strategy’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the business posted ($5.74) earnings per share. 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.