986 Shares in Strategy Inc $MSTR Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC bought a new position in shares of Strategy Inc (NASDAQ:MSTR - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 986 shares of the software maker's stock, valued at approximately $368,000.

Other hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in Strategy by 47.7% in the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker's stock valued at $239,000 after acquiring an additional 268 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its stake in Strategy by 21.1% in the first quarter. Creative Financial Designs Inc. ADV now owns 705 shares of the software maker's stock valued at $203,000 after acquiring an additional 123 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in Strategy by 27.4% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 528,850 shares of the software maker's stock valued at $152,452,000 after acquiring an additional 113,752 shares during the last quarter. Amalgamated Bank boosted its stake in Strategy by 43.0% in the first quarter. Amalgamated Bank now owns 12,455 shares of the software maker's stock valued at $3,590,000 after acquiring an additional 3,747 shares during the last quarter. Finally, Argent Advisors Inc. lifted its stake in shares of Strategy by 29.4% during the 1st quarter. Argent Advisors Inc. now owns 11,000 shares of the software maker's stock valued at $3,171,000 after buying an additional 2,500 shares in the last quarter. Institutional investors own 59.84% of the company's stock.

Insider Buying and Selling

In related news, Director Gregg Winiarski bought 10,000 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was bought at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the purchase, the director directly owned 10,000 shares of the company's stock, valued at approximately $976,500. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Andrew Kang sold 18,750 shares of Strategy stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the transaction, the chief financial officer directly owned 24,460 shares of the company's stock, valued at approximately $9,661,700. This trade represents a 43.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 289,254 shares of company stock worth $26,372,670 and sold 65,000 shares worth $24,099,750. Company insiders own 8.46% of the company's stock.

Wall Street Analysts Forecast Growth

MSTR has been the topic of a number of analyst reports. Cowen reaffirmed a "buy" rating on shares of Strategy in a report on Wednesday, August 13th. China Renaissance assumed coverage on shares of Strategy in a report on Wednesday, October 15th. They set a "buy" rating and a $473.00 target price on the stock. TD Cowen dropped their price target on shares of Strategy from $640.00 to $620.00 and set a "buy" rating for the company in a research report on Tuesday, September 16th. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $54.00 target price (down from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and issued a $464.00 target price on shares of Strategy in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $505.47.

Strategy Price Performance

MSTR stock opened at $289.08 on Friday. The company has a market capitalization of $81.97 billion, a PE ratio of 25.45 and a beta of 3.83. The company's fifty day moving average price is $326.41 and its 200-day moving average price is $363.50. 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 Inc has a one year low of $220.82 and a one year high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $32.72. The business had revenue of $114.49 million for the quarter, compared to the consensus estimate of $112.68 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

About Strategy

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.

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