Strategy Inc $MSTR Stock Position Reduced by Compass Ion Advisors LLC

Key Points

• Compass Ion Advisors LLC reduced its stake in Strategy Inc (NASDAQ:MSTR) by 7.1%, holding 50,248 shares valued at approximately $20.3 million, making it the firm's 10th largest position.
• Fiduciary Alliance LLC increased its shareholding in Strategy by 28.4%, totaling 44,918 shares valued at $18.2 million, alongside other institutional investors also boosting their stakes.
• Wall Street analysts maintain a consensus rating of "Moderate Buy" for Strategy, with target prices ranging from $464 to $700, indicating continued optimism about the stock's potential.

Compass Ion Advisors LLC decreased its stake in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 7.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,248 shares of the software maker's stock after selling 3,854 shares during the quarter. Strategy comprises 2.2% of Compass Ion Advisors LLC's holdings, making the stock its 10th biggest position. Compass Ion Advisors LLC's holdings in Strategy were worth $20,312,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of MSTR. GAMMA Investing LLC increased its stake in Strategy by 42,473.7% during the 1st quarter. GAMMA Investing LLC now owns 239,264 shares of the software maker's stock valued at $68,973,000 after purchasing an additional 238,702 shares in the last quarter. Siemens Fonds Invest GmbH increased its stake in shares of Strategy by 6,992.7% in the fourth quarter. Siemens Fonds Invest GmbH now owns 119,654 shares of the software maker's stock worth $33,000 after acquiring an additional 117,967 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Strategy by 27.4% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 528,850 shares of the software maker's stock worth $152,452,000 after acquiring an additional 113,752 shares during the period. Mn Services Vermogensbeheer B.V. acquired a new stake in shares of Strategy in the second quarter worth $37,391,000. Finally, Rhumbline Advisers increased its stake in shares of Strategy by 35.5% in the first quarter. Rhumbline Advisers now owns 268,406 shares of the software maker's stock worth $77,373,000 after acquiring an additional 70,359 shares during the period. Institutional investors and hedge funds own 59.84% of the company's stock.

Strategy Price Performance

MSTR traded down $5.73 during midday trading on Tuesday, hitting $330.20. 5,396,162 shares of the company traded hands, compared to its average volume of 14,800,636. 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 capitalization of $93.63 billion, a price-to-earnings ratio of 29.04 and a beta of 3.82. Strategy Inc has a 52-week low of $146.71 and a 52-week high of $543.00. The business has a 50 day simple moving average of $369.49 and a two-hundred day simple moving average of $359.91.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) 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 company's revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSTR. Cantor Fitzgerald reiterated an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. Mizuho increased their price objective on shares of Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a research note on Monday, August 11th. Canaccord Genuity Group reiterated a "buy" rating and issued a $464.00 price objective on shares of Strategy in a research note on Tuesday, August 26th. Monness Crespi & Hardt raised their price target 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. Finally, BTIG Research raised their price target on shares of Strategy from $620.00 to $700.00 and gave the company a "buy" rating in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $547.50.

Insider Transactions at Strategy

In other news, EVP Wei-Ming Shao sold 32,500 shares of the firm's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $401.47, for a total value of $13,047,775.00. Following the transaction, the executive vice president directly owned 12,726 shares of the company's stock, valued at approximately $5,109,107.22. This trade represents a 71.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Jeanine Montgomery sold 43,750 shares of the firm's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $430.54, for a total transaction of $18,836,125.00. Following the completion of the transaction, the chief accounting officer directly owned 8,606 shares in the company, valued at approximately $3,705,227.24. This represents a 83.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders bought 265,474 shares of company stock valued at $24,056,259 and sold 152,150 shares valued at $62,847,251. Corporate insiders own 8.46% of the company's stock.

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.