Cwm LLC Sells 1,022 Shares of Strategy Inc $MSTR

Cwm LLC decreased its position in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 5.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,641 shares of the software maker's stock after selling 1,022 shares during the quarter. Cwm LLC's holdings in Strategy were worth $6,727,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MSTR. Yousif Capital Management LLC grew its position in shares of Strategy by 42.9% during the 1st quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker's stock worth $839,000 after buying an additional 873 shares in the last quarter. GAMMA Investing LLC grew its position in shares of 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 buying an additional 268 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Strategy by 3.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 27,905 shares of the software maker's stock worth $8,044,000 after buying an additional 881 shares in the last quarter. EQ Wealth Advisors LLC bought a new position in shares of Strategy during the 1st quarter worth $88,000. Finally, Creative Financial Designs Inc. ADV grew its position in shares of Strategy by 21.1% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 705 shares of the software maker's stock worth $203,000 after buying an additional 123 shares in the last quarter. Institutional investors own 59.84% of the company's stock.

Strategy Trading Down 1.3%

Strategy stock opened at $296.76 on Thursday. The stock has a 50-day moving average of $340.29 and a two-hundred day moving average of $362.37. 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 $185.81 and a one year high of $543.00. The stock has a market cap of $84.15 billion, a PE ratio of 26.12 and a beta of 3.83.

Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings results 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 company had revenue of $114.49 million during the quarter, compared to analysts' expectations of $112.68 million. During the same period last year, the business posted ($5.74) earnings per share. The firm'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 research analysts recently weighed in on the company. Mizuho upped their price objective on Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a research note on Monday, August 11th. Monness Crespi & Hardt upped their price objective on Strategy from $175.00 to $200.00 and gave the stock a "sell" rating in a research note on Tuesday, July 15th. Cowen restated a "buy" rating on shares of Strategy in a research note on Wednesday, August 13th. Benchmark restated a "buy" rating on shares of Strategy in a research note on Wednesday, August 13th. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Strategy has an average rating of "Moderate Buy" and an average price target of $506.93.

Insiders Place Their Bets

In other news, Director Jarrod M. Patten acquired 5,555 shares of the business's stock in a transaction dated Tuesday, July 29th. The shares were acquired at an average cost of $90.00 per share, with a total value of $499,950.00. Following the completion of the acquisition, the director owned 5,555 shares of the company's stock, valued at approximately $499,950. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Gregg Winiarski acquired 10,000 shares of the business's stock in a transaction dated Friday, August 8th. The stock was purchased at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the acquisition, the director directly owned 10,000 shares of the company's stock, valued at approximately $976,500. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 265,474 shares of company stock valued at $24,056,259 and sold 65,000 shares valued at $24,099,750. Company insiders own 8.46% of the company's stock.

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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