Friedenthal Financial Buys Shares of 2,312 Strategy Inc $MSTR

Key Points

• Friedenthal Financial acquired 2,312 shares of Strategy Inc (NASDAQ:MSTR) worth approximately $935,000 in the second quarter, highlighting institutional interest in the software maker.
• Strategy Inc reported $32.60 EPS for the last quarter, significantly exceeding analysts' expectations, along with a revenue increase of 2.7% year-over-year.
• Insider trading activity showed significant selling by executives, including a 61.11% decrease in shares owned by EVP Wei-Ming Shao and a 43.39% decrease by CFO Andrew Kang over recent months.

Friedenthal Financial bought a new stake in Strategy Inc (NASDAQ:MSTR - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,312 shares of the software maker's stock, valued at approximately $935,000.

Other large investors have also recently bought and sold shares of the company. First United Bank & Trust bought a new stake in Strategy in the first quarter valued at approximately $29,000. MCF Advisors LLC bought a new stake in shares of Strategy during the second quarter worth $35,000. Maseco LLP bought a new stake in shares of Strategy during the second quarter worth $36,000. Hexagon Capital Partners LLC increased its position in shares of Strategy by 7,750.0% during the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker's stock worth $45,000 after acquiring an additional 155 shares in the last quarter. Finally, SJS Investment Consulting Inc. increased its position in shares of Strategy by 25.8% during the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker's stock worth $47,000 after acquiring an additional 24 shares in the last quarter. Institutional investors own 59.84% of the company's stock.

Strategy Stock Performance

Shares of MSTR opened at $328.40 on Wednesday. The firm has a 50-day moving average of $349.15 and a 200-day moving average of $363.17. Strategy Inc has a one year low of $178.00 and a one year high of $543.00. The company has a market cap of $93.12 billion, a PE ratio of 28.91 and a beta of 3.83. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings data 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 net margin of 1,036.61% and a return on equity of 18.83%. The company had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. During the same quarter last year, the firm posted ($5.74) EPS. The company's quarterly revenue was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Monness Crespi & Hardt increased their price objective on shares of Strategy from $175.00 to $200.00 and gave the stock a "sell" rating in a research report on Tuesday, July 15th. Cowen reissued a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $54.00 target price (down previously from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Strategy in a research report on Saturday, September 27th. Finally, Mizuho raised their target price on shares of Strategy from $563.00 to $586.00 and gave the company an "outperform" rating in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and one has given 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 target price of $509.54.

Insider Buying and Selling

In other news, EVP Wei-Ming Shao sold 20,000 shares of Strategy stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $418.60, for a total value of $8,372,000.00. Following the completion of the transaction, the executive vice president owned 12,726 shares of the company's stock, valued at $5,327,103.60. This trade represents a 61.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Andrew Kang sold 18,750 shares of Strategy stock in a transaction dated 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 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 265,474 shares of company stock worth $24,056,259 and have sold 119,650 shares worth $49,799,476. 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.

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