IFP Advisors Inc Cuts Stock Holdings in Strategy Inc $MSTR

IFP Advisors Inc trimmed its position in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 72.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,905 shares of the software maker's stock after selling 13,208 shares during the quarter. IFP Advisors Inc's holdings in Strategy were worth $2,083,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fiduciary Alliance LLC increased its holdings in shares of Strategy by 28.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker's stock valued at $18,157,000 after purchasing an additional 9,937 shares in the last quarter. Swedbank AB purchased a new position in shares of Strategy during the 1st quarter valued at approximately $17,352,000. GAMMA Investing LLC increased its holdings in shares of Strategy by 47.7% during the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker's stock valued at $239,000 after purchasing an additional 268 shares in the last quarter. Yousif Capital Management LLC increased its holdings 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 valued at $839,000 after purchasing an additional 873 shares in the last quarter. Finally, Shariaportfolio Inc. increased its holdings in shares of Strategy by 2.9% during the 2nd quarter. Shariaportfolio Inc. now owns 90,138 shares of the software maker's stock valued at $36,436,000 after purchasing an additional 2,541 shares in the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Strategy Trading Down 4.8%

Shares of MSTR opened at $304.79 on Friday. Strategy Inc has a 52-week low of $185.81 and a 52-week high of $543.00. 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's fifty day moving average is $345.00 and its two-hundred day moving average is $362.81. The stock has a market cap of $86.42 billion, a PE ratio of 26.83 and a beta of 3.83.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $112.68 million. During the same quarter in the previous year, the company posted ($5.74) EPS. The firm'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.

Analysts Set New Price Targets

Several research firms have recently weighed in on MSTR. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Strategy in a report on Wednesday, August 13th. Mizuho boosted their price target on shares of Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Monness Crespi & Hardt boosted their price target on shares of Strategy from $175.00 to $200.00 and gave the stock a "sell" rating in a report on Tuesday, July 15th. TD Cowen cut their price target on shares of Strategy from $640.00 to $620.00 and set a "buy" rating for the company in a report on Tuesday, September 16th. Finally, Wells Fargo & Company reissued an "equal weight" rating and issued a $54.00 price target (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $509.54.

Insider Activity at Strategy

In other Strategy news, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the sale, the executive vice president owned 12,726 shares of the company's stock, valued at $4,547,890.62. The trade was a 70.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gregg Winiarski bought 10,000 shares of the stock in a transaction on Friday, August 8th. The shares were acquired at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the purchase, the director owned 10,000 shares in the company, valued at $976,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 265,474 shares of company stock worth $24,056,259 and have sold 75,900 shares worth $28,992,651. Company 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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