Invictus Private Wealth LLC Sells 12,285 Shares of Strategy Inc $MSTR

Key Points

• Invictus Private Wealth LLC reduced its holdings in Strategy Inc ($MSTR) by 70.3%, selling 12,285 shares during the second quarter, leaving them with 5,190 shares valued at approximately $2.1 million.
• According to recent filings, insiders bought 265,474 shares of Strategy stock worth $24.06 million, while selling 75,900 shares valued at nearly $29 million in the last ninety days.
• Analysts remain optimistic about Strategy Inc, with a consensus rating of "Moderate Buy" and a price target averaging $509.54, reflecting potential growth in share value.

Invictus Private Wealth LLC reduced its position in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 70.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,190 shares of the software maker's stock after selling 12,285 shares during the period. Invictus Private Wealth LLC's holdings in Strategy were worth $2,098,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. MCF Advisors LLC bought a new position in Strategy during the 2nd quarter valued at approximately $35,000. Maseco LLP bought a new position in Strategy during the 2nd quarter valued at approximately $36,000. First United Bank & Trust bought a new position in Strategy during the 1st quarter valued at approximately $29,000. SJS Investment Consulting Inc. raised its position in Strategy by 25.8% during the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker's stock valued at $47,000 after purchasing an additional 24 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. raised 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 valued at $48,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.

Insider Activity

In other Strategy news, Director Jarrod M. Patten bought 5,555 shares of the stock in a transaction dated Tuesday, July 29th. The stock was purchased at an average cost of $90.00 per share, for a total transaction 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Andrew Kang sold 18,750 shares of Strategy stock in a transaction that occurred on 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 transaction, the chief financial officer owned 24,460 shares of the company's stock, valued at $9,661,700. The trade was a 43.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders bought 265,474 shares of company stock valued at $24,056,259 and sold 75,900 shares valued at $28,992,651. Company insiders own 8.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MSTR shares. Benchmark reaffirmed a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. Mizuho upped their price target on Strategy from $563.00 to $586.00 and gave the company an "outperform" rating in a research report on Monday, August 11th. Cantor Fitzgerald restated an "overweight" rating on shares of Strategy in a report on Wednesday, August 13th. TD Cowen lowered their price objective 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, Cowen restated a "buy" 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 issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Strategy has a consensus rating of "Moderate Buy" and a consensus target price of $509.54.

Strategy Price Performance

MSTR stock opened at $304.79 on Friday. The firm has a 50 day moving average price of $345.00 and a 200-day moving average price of $362.58. Strategy Inc has a 52-week low of $185.81 and a 52-week high of $543.00. The firm has a market capitalization of $86.42 billion, a price-to-earnings ratio of 26.83 and a beta of 3.83. 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 (NASDAQ:MSTR - Get Free Report) last released its earnings results 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. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The firm had revenue of $114.49 million during the quarter, compared to analyst estimates of $112.68 million. During the same period last year, the business earned ($5.74) earnings per share. The business's revenue was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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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