Generali Asset Management SPA SGR Buys 2,679 Shares of Strategy Inc $MSTR

Key Points

• Generali Asset Management SPA SGR increased its stake in Strategy Inc. by 4.1%, buying an additional 2,679 shares, bringing its total holdings to 67,806 shares.
• Insider activity shows that EVP Wei-Ming Shao sold 30,000 shares for over $10 million, reducing their ownership by 70.21%, while Director Peter L. Briger, Jr. acquired 220,000 shares valued at about $19.8 million.
• Strategy Inc. reported $32.60 EPS for the last quarter, significantly exceeding analysts' expectations of ($0.12), along with a revenue of $114.49 million.

Generali Asset Management SPA SGR increased its stake in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 4.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 67,806 shares of the software maker's stock after acquiring an additional 2,679 shares during the period. Strategy accounts for about 0.6% of Generali Asset Management SPA SGR's holdings, making the stock its 29th largest position. Generali Asset Management SPA SGR's holdings in Strategy were worth $27,409,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. MCF Advisors LLC bought a new position in shares of Strategy in the second quarter valued at approximately $35,000. Maseco LLP acquired a new position in Strategy in the 2nd quarter valued at $36,000. Hexagon Capital Partners LLC grew 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 valued at $45,000 after buying an additional 155 shares during the last quarter. SJS Investment Consulting Inc. raised its holdings in Strategy by 25.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker's stock worth $47,000 after acquiring an additional 24 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position in Strategy by 57.3% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker's stock worth $48,000 after acquiring an additional 43 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Wei-Ming Shao sold 30,000 shares of the stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total value of $10,721,100.00. Following the completion of the transaction, the executive vice president owned 12,726 shares of the company's stock, valued at $4,547,890.62. This represents a 70.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Peter L. Briger, Jr. acquired 220,000 shares of the firm's stock in a transaction on Tuesday, July 29th. The shares were bought at an average cost of $90.00 per share, for a total transaction of $19,800,000.00. Following the completion of the acquisition, the director directly owned 220,000 shares of the company's stock, valued at approximately $19,800,000. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 265,474 shares of company stock valued at $24,056,259 and have sold 65,000 shares valued at $24,099,750. 8.46% of the stock is currently owned by corporate insiders.

Strategy Trading Down 4.7%

Shares of MSTR opened at $300.67 on Wednesday. The stock's 50-day moving average price is $342.03 and its 200 day moving average price is $362.83. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $85.25 billion, a price-to-earnings ratio of 26.47 and a beta of 3.83. Strategy Inc has a 12-month low of $185.81 and a 12-month high of $543.00.

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, topping analysts' consensus estimates of ($0.12) by $32.72. The company had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MSTR shares. Monness Crespi & Hardt upped their price target on shares of Strategy from $175.00 to $200.00 and gave the company a "sell" rating in a report on Tuesday, July 15th. BTIG Research boosted their price objective on Strategy from $620.00 to $700.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. TD Cowen lowered their target price on Strategy from $640.00 to $620.00 and set a "buy" rating on the stock in a report on Tuesday, September 16th. Benchmark reaffirmed a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. Finally, Cantor Fitzgerald reiterated an "overweight" rating on shares of Strategy in a report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $509.54.

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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