Sage Mountain Advisors LLC Has $1.30 Million Holdings in Strategy Inc $MSTR

Key Points

• Sage Mountain Advisors LLC increased its stakes in Strategy Inc (NASDAQ: MSTR) by 84.1% during the second quarter, resulting in holdings valued at approximately $1.30 million.
• Institutional investors now own 59.84% of Strategy's stock, with key investors including Sumitomo Mitsui Trust Group Inc. and Robeco Institutional Asset Management B.V.
• Strategy's stock recently showed a 1.5% increase, with current trading values at around $289.08 and a consensus target price of $505.47 from analysts.

Sage Mountain Advisors LLC boosted its holdings in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 84.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,207 shares of the software maker's stock after acquiring an additional 1,465 shares during the period. Sage Mountain Advisors LLC's holdings in Strategy were worth $1,296,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Strategy by 27.4% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 528,850 shares of the software maker's stock worth $152,452,000 after purchasing an additional 113,752 shares in the last quarter. Mn Services Vermogensbeheer B.V. acquired a new position in shares of Strategy in the second quarter valued at about $37,391,000. Swedbank AB acquired a new position in shares of Strategy in the first quarter valued at about $17,352,000. Robeco Institutional Asset Management B.V. grew its stake in shares of Strategy by 75.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 125,650 shares of the software maker's stock valued at $50,791,000 after acquiring an additional 54,144 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd acquired a new position in shares of Strategy in the first quarter valued at about $13,795,000. 59.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on MSTR. Benchmark restated a "buy" rating on shares of Strategy in a research note on Wednesday, August 13th. China Renaissance began coverage on shares of Strategy in a research note on Wednesday, October 15th. They issued a "buy" rating and a $473.00 price target on the stock. Wells Fargo & Company restated an "equal weight" rating and issued a $54.00 price target (down from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. Finally, Cowen reiterated a "buy" rating on shares of Strategy in a research note on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $505.47.

Strategy Trading Up 1.5%

Shares of Strategy stock opened at $289.08 on Friday. The company has a market capitalization of $81.97 billion, a price-to-earnings ratio of 25.45 and a beta of 3.83. 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 12-month low of $220.82 and a 12-month high of $543.00. The firm's 50-day moving average price is $326.41 and its two-hundred day moving average price is $362.64.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its earnings results 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 net margin of 1,036.61% and a return on equity of 18.83%. The business's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Transactions at Strategy

In related news, Director Jarrod M. Patten bought 12,000 shares of the company's stock in a transaction dated Friday, October 17th. The stock was purchased at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the completion of the acquisition, the director owned 29,335 shares of the company's stock, valued at $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Wei-Ming Shao sold 30,000 shares of the stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the completion of the transaction, the executive vice president directly owned 12,726 shares of the company's stock, valued at $4,547,890.62. This trade represents a 70.21% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have purchased 289,254 shares of company stock valued at $26,372,670 and have sold 65,000 shares valued at $24,099,750. 8.46% of the stock is owned by insiders.

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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