Pure Financial Advisors LLC Takes Position in Strategy Inc $MSTR

Key Points

• Pure Financial Advisors LLC acquired 731 shares of Strategy Inc (NASDAQ:MSTR) in Q2, valuing the investment at approximately $296,000.
• Insider activity included CFO Andrew Kang selling 18,750 shares for $7.4 million, while Director Gregg Winiarski purchased 10,000 shares at about $97.65 each.
• Analysts have mixed views on MSTR, with price targets ranging from $54.00 to $700.00, and a consensus rating of "Moderate Buy."

Pure Financial Advisors LLC bought a new position in shares of Strategy Inc (NASDAQ:MSTR - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 731 shares of the software maker's stock, valued at approximately $296,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MSTR. MCF Advisors LLC acquired a new position in shares of Strategy during the 2nd quarter worth about $35,000. Maseco LLP purchased a new stake in Strategy during the second quarter worth approximately $36,000. First United Bank & Trust purchased a new stake in Strategy during the first quarter worth approximately $29,000. 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, V Square Quantitative Management LLC purchased a new position in Strategy in the second quarter valued at approximately $51,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Strategy

In other Strategy news, CFO Andrew Kang sold 18,750 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $395.00, for a total value of $7,406,250.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Gregg Winiarski purchased 10,000 shares of the firm's stock in a transaction dated Friday, August 8th. The shares were purchased at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the purchase, the director directly owned 10,000 shares in the company, valued at approximately $976,500. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 265,474 shares of company stock valued at $24,056,259 and sold 152,150 shares valued at $62,847,251. 8.46% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MSTR has been the subject of several research analyst reports. Benchmark restated a "buy" rating on shares of Strategy in a report on Wednesday, August 13th. BTIG Research boosted their price target on shares of Strategy from $620.00 to $700.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Mizuho raised their price objective on Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Wells Fargo & Company reiterated an "equal weight" rating and set a $54.00 target price (down previously from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Finally, Cantor Fitzgerald reissued an "overweight" rating on shares of Strategy in a report on Wednesday, August 13th. One equities 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $509.54.

Strategy Trading Down 0.2%

Shares of MSTR stock opened at $351.63 on Friday. The business's fifty day moving average price is $351.36 and its 200 day moving average price is $362.60. The firm has a market capitalization of $99.70 billion, a PE ratio of 30.95 and a beta of 3.83. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. Strategy Inc has a 1-year low of $163.97 and a 1-year high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last released its earnings results on Thursday, July 31st. The software maker reported $32.60 EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $32.72. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. During the same quarter last year, the company earned ($5.74) earnings per share. Strategy's quarterly 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.

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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