Strategy Inc $MSTR Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC decreased its position in shares of Strategy Inc (NASDAQ:MSTR) by 32.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 575 shares of the software maker’s stock after selling 281 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Strategy were worth $232,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Fiduciary Alliance LLC lifted its stake in Strategy by 28.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock worth $18,157,000 after acquiring an additional 9,937 shares in the last quarter. Swedbank AB acquired a new position in Strategy during the 1st quarter worth about $17,352,000. GAMMA Investing LLC lifted its stake in Strategy by 47.7% during the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after acquiring an additional 268 shares in the last quarter. Shariaportfolio Inc. lifted its stake in Strategy by 2.9% during the 2nd quarter. Shariaportfolio Inc. now owns 90,138 shares of the software maker’s stock worth $36,436,000 after acquiring an additional 2,541 shares in the last quarter. Finally, Maryland State Retirement & Pension System raised its position in Strategy by 12.2% in the 2nd quarter. Maryland State Retirement & Pension System now owns 12,140 shares of the software maker’s stock valued at $4,907,000 after purchasing an additional 1,321 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

Insiders Place Their Bets

In other Strategy news, Director Peter L. Briger, Jr. acquired 220,000 shares of the company’s stock in a transaction dated Tuesday, July 29th. The shares were acquired at an average price of $90.00 per share, for a total transaction of $19,800,000.00. Following the acquisition, the director owned 220,000 shares in the company, valued at $19,800,000. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gregg Winiarski acquired 10,000 shares of the company’s stock in a transaction dated Friday, August 8th. The stock was acquired at an average price of $97.65 per share, for a total transaction of $976,500.00. Following the acquisition, the director owned 10,000 shares in the company, valued at approximately $976,500. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 289,254 shares of company stock worth $26,372,670 and have sold 65,000 shares worth $24,099,750. Insiders own 8.46% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on MSTR. Cowen reaffirmed a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research report on Wednesday, October 8th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $54.00 price target (down previously from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Citigroup began coverage on Strategy in a research report on Tuesday. They issued a “buy” rating and a $485.00 price target on the stock. Finally, Benchmark reaffirmed a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $505.47.

Strategy Price Performance

MSTR stock opened at $301.91 on Wednesday. Strategy Inc has a 1 year low of $204.91 and a 1 year high of $543.00. The firm has a market capitalization of $85.61 billion, a P/E ratio of 26.58 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. The business’s 50-day moving average is $331.90 and its two-hundred day moving average is $362.73.

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