PKO Investment Management Joint Stock Co Takes $4.04 Million Position in Strategy Inc $MSTR

Key Points

• PKO Investment Management has acquired a new stake in Strategy Inc (NASDAQ:MSTR) worth approximately $4.04 million, purchasing 10,000 shares during the second quarter.
• Despite varied analyst opinions, the average consensus rating for Strategy Inc is a "Moderate Buy" with a price target of $505.47.
• In recent insider trading, Director Peter L. Briger, Jr. purchased 220,000 shares worth about $19.8 million, significantly increasing his stake in the company.

PKO Investment Management Joint Stock Co purchased a new stake in shares of Strategy Inc (NASDAQ:MSTR - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 10,000 shares of the software maker's stock, valued at approximately $4,042,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MSTR. MCF Advisors LLC purchased a new stake in Strategy in the 2nd quarter valued at about $35,000. Maseco LLP acquired a new position in shares of Strategy during the second quarter worth about $36,000. Hexagon Capital Partners LLC grew its position in shares of Strategy by 7,750.0% during the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker's stock worth $45,000 after buying an additional 155 shares in the last quarter. SJS Investment Consulting Inc. boosted its holdings in Strategy by 25.8% in the second 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 in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. boosted its holdings in Strategy by 57.3% in the second 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 in the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

Wall Street Analyst Weigh In

MSTR has been the subject of several research analyst reports. Wells Fargo & Company reissued an "equal weight" rating and issued a $54.00 price objective (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. China Renaissance began coverage on Strategy in a research report on Wednesday, October 15th. They issued a "buy" rating and a $473.00 price objective for the company. 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. Weiss Ratings restated a "hold (c)" rating on shares of Strategy in a research report on Wednesday, October 8th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $505.47.

Insider Buying and Selling

In other news, Director Peter L. Briger, Jr. acquired 220,000 shares of Strategy stock in a transaction dated Tuesday, July 29th. The shares were acquired at an average cost of $90.00 per share, with a total value of $19,800,000.00. Following the purchase, the director directly owned 220,000 shares of the company's stock, valued at approximately $19,800,000. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Wei-Ming Shao sold 30,000 shares of Strategy 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 directly owned 12,726 shares in the company, valued at $4,547,890.62. This represents a 70.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have bought 289,254 shares of company stock worth $26,372,670 and have sold 65,000 shares worth $24,099,750. Corporate insiders own 8.46% of the company's stock.

Strategy Stock Up 1.5%

MSTR opened at $289.08 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market capitalization of $81.97 billion, a price-to-earnings ratio of 25.45 and a beta of 3.83. The business has a 50-day moving average of $326.41 and a two-hundred day moving average of $362.64. Strategy Inc has a 12 month low of $220.82 and a 12 month high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 EPS for the quarter, beating the consensus estimate of ($0.12) by $32.72. The company 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 revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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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