ASR Vermogensbeheer N.V. Increases Stock Position in Strategy Inc $MSTR

Key Points

• ASR Vermogensbeheer N.V. increased its stake in Strategy Inc (NASDAQ:MSTR) by 43.0%, owning 22,908 shares worth approximately $9.26 million as of its latest SEC filing.
• Strategy Inc reported earnings per share of $32.60 for the last quarter, significantly exceeding the expected loss of ($0.12) and showcasing a revenue increase of 2.7% year-over-year.
• Analysts maintain a mostly positive outlook on Strategy, with an average rating of "Moderate Buy" and a consensus price target of $509.54 for the stock.

ASR Vermogensbeheer N.V. increased its holdings in Strategy Inc (NASDAQ:MSTR - Free Report) by 43.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,908 shares of the software maker's stock after buying an additional 6,892 shares during the period. ASR Vermogensbeheer N.V.'s holdings in Strategy were worth $9,260,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MSTR. First United Bank & Trust bought a new position in shares of Strategy in the first quarter worth $29,000. MCF Advisors LLC purchased a new stake in Strategy during the 2nd quarter worth about $35,000. Maseco LLP purchased a new stake in Strategy during the 2nd quarter worth about $36,000. Hexagon Capital Partners LLC boosted its stake in 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 purchasing an additional 155 shares during the period. Finally, SJS Investment Consulting Inc. grew its holdings 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 buying an additional 24 shares in the last quarter. Institutional investors own 59.84% of the company's stock.

Strategy Stock Up 4.1%

MSTR opened at $352.33 on Friday. The stock has a market cap of $99.90 billion, a PE ratio of 31.01 and a beta of 3.83. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. Strategy Inc has a 52 week low of $157.82 and a 52 week high of $543.00. The business's fifty day simple moving average is $352.44 and its 200 day simple moving average is $361.72.

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

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Canaccord Genuity Group restated a "buy" rating and issued a $464.00 price objective on shares of Strategy in a research report on Tuesday, August 26th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. Cowen restated a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. Monness Crespi & Hardt increased their price objective on Strategy from $175.00 to $200.00 and gave the stock a "sell" rating in a research report on Tuesday, July 15th. Finally, Mizuho lifted their price objective on Strategy from $563.00 to $586.00 and gave the company an "outperform" rating in a research note on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $509.54.

Insider Buying and Selling

In other Strategy news, CAO Jeanine Montgomery purchased 5,000 shares of the firm's stock in a transaction on Tuesday, July 29th. The shares were purchased at an average cost of $90.00 per share, with a total value of $450,000.00. Following the completion of the purchase, the chief accounting officer owned 5,000 shares of the company's stock, valued at $450,000. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Andrew Kang sold 18,750 shares of the company's stock in a transaction 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 completion of the sale, the chief financial officer directly owned 24,460 shares of the company's stock, valued at $9,661,700. This trade represents a 43.39% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have purchased 265,474 shares of company stock worth $24,056,259 and have sold 152,150 shares worth $62,847,251. 8.46% of the stock is owned by corporate insiders.

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.

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