Avaii Wealth Management LLC Purchases Shares of 1,040 Strategy Inc $MSTR

Key Points

• Avaii Wealth Management LLC acquired 1,040 shares of Strategy Inc (NASDAQ:MSTR) valued at approximately $421,000 in the second quarter.
• The company reported earnings of $32.60 per share for the latest quarter, significantly exceeding analysts' estimates and showing a revenue increase of 2.7% year-over-year.
• Insider transactions include Director Gregg Winiarski purchasing 10,000 shares and CAO Jeanine Montgomery buying 5,000 shares, indicating strong confidence from company leaders.

Avaii Wealth Management LLC purchased a new position in Strategy Inc (NASDAQ:MSTR - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,040 shares of the software maker's stock, valued at approximately $421,000.

A number of other hedge funds have also recently modified their holdings of the company. MCF Advisors LLC purchased a new stake in shares of Strategy during the second quarter worth about $35,000. Maseco LLP purchased a new position in Strategy during the 2nd quarter valued at about $36,000. First United Bank & Trust bought a new position in Strategy during the 1st quarter valued at approximately $29,000. SJS Investment Consulting Inc. raised its position 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 during the last quarter. Finally, Arlington Trust Co LLC lifted its holdings in Strategy by 86.3% in the 2nd quarter. Arlington Trust Co LLC now owns 149 shares of the software maker's stock worth $60,000 after buying an additional 69 shares during the period. Hedge funds and other institutional investors own 59.84% of the company's stock.

Strategy Price Performance

MSTR opened at $323.31 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The company has a market cap of $91.67 billion, a price-to-earnings ratio of 28.46 and a beta of 3.82. The stock has a fifty day simple moving average of $364.55 and a two-hundred day simple moving average of $359.43. Strategy Inc has a 12-month low of $151.50 and a 12-month high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last released its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $32.72. The firm 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 company's revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insiders Place Their Bets

In related news, Director Gregg Winiarski purchased 10,000 shares of the company's stock in a transaction dated Friday, August 8th. The shares were purchased at an average cost of $97.65 per share, with a total value of $976,500.00. Following the transaction, the director directly owned 10,000 shares in the company, valued at $976,500. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Jeanine Montgomery acquired 5,000 shares of Strategy stock in a transaction that occurred on Tuesday, July 29th. The shares were bought at an average cost of $90.00 per share, with a total value of $450,000.00. Following the transaction, the chief accounting officer owned 5,000 shares in the company, valued at $450,000. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 265,474 shares of company stock valued at $24,056,259 and have sold 152,150 shares valued at $62,847,251. 8.46% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MSTR. Benchmark reissued a "buy" rating on shares of Strategy in a research note on Wednesday, August 13th. BTIG Research lifted their price target on shares of Strategy from $620.00 to $700.00 and gave the company a "buy" rating in a report on Friday, August 1st. Monness Crespi & Hardt boosted their price objective on shares of Strategy from $175.00 to $200.00 and gave the company a "sell" rating in a research report on Tuesday, July 15th. Canaccord Genuity Group restated a "buy" rating and issued a $464.00 price objective on shares of Strategy in a report on Tuesday, August 26th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $547.50.

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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