Sound View Wealth Advisors Group LLC Invests $268,000 in Strategy Inc $MSTR

Sound View Wealth Advisors Group LLC purchased a new stake in shares of Strategy Inc (NASDAQ:MSTR) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 662 shares of the software maker’s stock, valued at approximately $268,000.

Several other institutional investors also recently bought and sold shares of MSTR. SJS Investment Consulting Inc. increased its stake in Strategy by 25.8% during the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after purchasing an additional 24 shares in the last quarter. Mutual Advisors LLC grew its holdings in shares of Strategy by 2.0% during the second quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker’s stock valued at $548,000 after buying an additional 27 shares during the last quarter. Smith Anglin Financial LLC grew its holdings in shares of Strategy by 1.2% during the second quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock valued at $1,025,000 after buying an additional 30 shares during the last quarter. GPS Wealth Strategies Group LLC increased its position in shares of Strategy by 2.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 1,163 shares of the software maker’s stock valued at $470,000 after acquiring an additional 31 shares in the last quarter. Finally, Magnus Financial Group LLC raised its holdings in Strategy by 0.9% in the 2nd quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker’s stock worth $1,479,000 after acquiring an additional 32 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Jarrod M. Patten acquired 12,000 shares of Strategy stock in a transaction dated Friday, October 17th. The stock was purchased at an average cost of $96.88 per share, for a total transaction of $1,162,560.00. Following the purchase, the director directly 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 position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 value of $10,721,100.00. Following the completion of the transaction, the executive vice president directly owned 12,726 shares in the company, valued at approximately $4,547,890.62. This represents a 70.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have bought 36,399 shares of company stock valued at $3,539,220. Insiders own 8.46% of the company’s stock.

Strategy Price Performance

Shares of NASDAQ:MSTR opened at $238.88 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $67.74 billion, a PE ratio of 21.03 and a beta of 3.87. The firm’s 50 day moving average price is $308.02 and its 200-day moving average price is $359.99. Strategy Inc has a twelve month low of $219.68 and a twelve month high of $543.00.

Strategy (NASDAQ:MSTR) last announced its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $116.76 million. During the same period in the previous year, the business posted ($1.56) earnings per share. The firm’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.

Wall Street Analyst Weigh In

MSTR has been the topic of several recent analyst reports. Benchmark reiterated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Mizuho boosted their price target on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research note on Monday, August 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research report on Wednesday, October 8th. Cowen reiterated a “buy” rating on shares of Strategy in a report on Friday, October 31st. Finally, TD Cowen decreased their target price on Strategy from $620.00 to $535.00 and set a “buy” rating for the company in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Strategy presently has an average 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.