Maridea Wealth Management LLC Raises Holdings in Strategy Inc $MSTR

Key Points

• Maridea Wealth Management LLC increased its holdings in Strategy Inc (NASDAQ:MSTR) by 154.6% during the 2nd quarter, bringing its total shares to 6,783, valued at approximately $2.74 million.
• Strategy's latest quarterly earnings reported an EPS of $32.60, significantly beating the consensus estimate of ($0.12), with revenue of $114.49 million for the quarter.
• Several institutional investors have also boosted their stakes in Strategy, with notable increases including GAMMA Investing LLC at 42,473.7% and Siemens Fonds Invest GmbH at 6,992.7%.

Maridea Wealth Management LLC boosted its holdings in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 154.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,783 shares of the software maker's stock after buying an additional 4,119 shares during the quarter. Maridea Wealth Management LLC's holdings in Strategy were worth $2,742,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Sumitomo Mitsui Trust Group Inc. increased its holdings in Strategy by 27.4% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 528,850 shares of the software maker's stock valued at $152,452,000 after buying an additional 113,752 shares during the period. Rhumbline Advisers lifted its stake in shares of Strategy by 35.5% during the first quarter. Rhumbline Advisers now owns 268,406 shares of the software maker's stock worth $77,373,000 after buying an additional 70,359 shares during the period. GAMMA Investing LLC lifted its stake in shares of Strategy by 42,473.7% during the first quarter. GAMMA Investing LLC now owns 239,264 shares of the software maker's stock worth $68,973,000 after buying an additional 238,702 shares during the period. Correct Capital Wealth Management lifted its stake in shares of Strategy by 12.4% during the first quarter. Correct Capital Wealth Management now owns 188,463 shares of the software maker's stock worth $54,328,000 after buying an additional 20,790 shares during the period. Finally, Siemens Fonds Invest GmbH lifted its stake in shares of Strategy by 6,992.7% during the fourth quarter. Siemens Fonds Invest GmbH now owns 119,654 shares of the software maker's stock worth $33,000 after buying an additional 117,967 shares during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.

Strategy Stock Down 1.4%

MSTR stock opened at $323.31 on Thursday. The stock has a market capitalization of $91.67 billion, a P/E ratio of 28.46 and a beta of 3.82. The firm has a 50-day simple moving average of $364.55 and a 200-day simple moving average of $359.43. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. Strategy Inc has a 52 week low of $151.50 and a 52 week 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 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 company had revenue of $114.49 million during the quarter, compared to analysts' expectations of $112.68 million. During the same quarter in the prior year, the company earned ($5.74) EPS. Strategy's revenue was up 2.7% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In other news, Director Gregg Winiarski bought 10,000 shares of the firm's stock in a transaction on Friday, August 8th. The shares were bought at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the acquisition, the director directly owned 10,000 shares of the company's stock, valued at $976,500. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Jeanine Montgomery sold 43,750 shares of the company's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $430.54, for a total transaction of $18,836,125.00. Following the completion of the transaction, the chief accounting officer owned 8,606 shares in the company, valued at approximately $3,705,227.24. This represents a 83.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 265,474 shares of company stock worth $24,056,259 and sold 152,150 shares worth $62,847,251. Company insiders own 8.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MSTR shares. Benchmark restated a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. TD Cowen decreased their price objective on shares of Strategy from $640.00 to $620.00 and set a "buy" rating for the company in a research report on Tuesday, September 16th. Canaccord Genuity Group reiterated a "buy" rating and issued a $464.00 price objective on shares of Strategy in a research report on Tuesday, August 26th. Mizuho upped their price objective on shares of Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a research report on Monday, August 11th. Finally, Cowen reiterated 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 MarketBeat.com, Strategy has a consensus rating of "Moderate Buy" and an average target price 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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