Lee Johnson Capital Management LLC Makes New Investment in Strategy Inc $MSTR

Key Points

• Lee Johnson Capital Management LLC invested approximately $1,547,000 in Strategy Inc (NASDAQ:MSTR) by acquiring 3,827 shares during the 2nd quarter.
• The company reported strong quarterly earnings with a EPS of $32.60, significantly surpassing analysts' expectations, along with a revenue of $114.49 million.
• Strategy's stock has a current market cap of $92.56 billion and has fluctuated between a 52-week low of $157.02 and a high of $543.00.

Lee Johnson Capital Management LLC acquired a new position in Strategy Inc (NASDAQ:MSTR - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,827 shares of the software maker's stock, valued at approximately $1,547,000.

Several other large investors have also recently bought and sold shares of MSTR. First Hawaiian Bank raised its position in Strategy by 6.8% in the first quarter. First Hawaiian Bank now owns 1,185 shares of the software maker's stock worth $342,000 after acquiring an additional 75 shares in the last quarter. Versant Capital Management Inc increased its position in shares of Strategy by 146.1% in the first quarter. Versant Capital Management Inc now owns 347 shares of the software maker's stock valued at $100,000 after buying an additional 206 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Strategy by 42,473.7% in the first quarter. GAMMA Investing LLC now owns 239,264 shares of the software maker's stock valued at $68,973,000 after buying an additional 238,702 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Strategy by 10.3% in the first quarter. Parallel Advisors LLC now owns 4,010 shares of the software maker's stock valued at $1,156,000 after buying an additional 373 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Strategy by 35.5% in the first quarter. Rhumbline Advisers now owns 268,406 shares of the software maker's stock valued at $77,373,000 after buying an additional 70,359 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.

Strategy Trading Up 5.6%

Strategy stock opened at $326.42 on Tuesday. The stock has a market cap of $92.56 billion, a PE ratio of 28.73 and a beta of 3.82. The stock has a 50-day moving average price of $357.26 and a 200 day moving average price of $361.76. Strategy Inc has a 52 week low of $157.02 and a 52 week high of $543.00. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17.

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

Insider Activity

In other Strategy news, CFO Andrew Kang sold 18,750 shares of the firm's stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $395.00, for a total value of $7,406,250.00. Following the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Jeanine Montgomery purchased 5,000 shares of the firm's stock in a transaction on Tuesday, July 29th. The stock was acquired at an average cost of $90.00 per share, for a total transaction of $450,000.00. Following the completion of the purchase, the chief accounting officer owned 5,000 shares in the company, valued at $450,000. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 265,474 shares of company stock worth $24,056,259 and have sold 152,150 shares worth $62,847,251. 8.46% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on MSTR shares. Canaccord Genuity Group restated a "buy" rating and issued a $464.00 price target on shares of Strategy in a research report on Tuesday, August 26th. Mizuho raised 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. TD Cowen dropped their price target on Strategy from $640.00 to $620.00 and set a "buy" rating for the company in a research report on Tuesday, September 16th. BTIG Research raised their price target on Strategy from $620.00 to $700.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, Cowen restated a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $547.50.

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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