Strategy Inc $MSTR Holdings Lifted by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in Strategy Inc (NASDAQ:MSTR) by 75.7%, now owning 125,650 shares valued at approximately $50.79 million as of the end of the second quarter.
• Multiple analysts have expressed positive sentiment towards Strategy, with BTIG Research raising its price target to $700.00 while maintaining a "buy" rating, amidst a consensus rating of "Moderate Buy" for the stock.
• Despite the favorable investor actions and analyst ratings, shares of Strategy Inc opened at $351.63, experiencing a 0.2% decline recently.

Robeco Institutional Asset Management B.V. boosted its position in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 75.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,650 shares of the software maker's stock after buying an additional 54,144 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Strategy were worth $50,791,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MSTR. Sumitomo Mitsui Trust Group Inc. boosted its stake 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 in the last quarter. Mn Services Vermogensbeheer B.V. bought a new position in Strategy during the second quarter valued at about $37,391,000. Swedbank AB bought a new position in Strategy during the first quarter valued at about $17,352,000. OVERSEA CHINESE BANKING Corp Ltd bought a new position in Strategy during the first quarter valued at about $13,795,000. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Strategy by 26.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 101,880 shares of the software maker's stock valued at $41,183,000 after purchasing an additional 21,499 shares during the period. Institutional investors own 59.84% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. BTIG Research increased 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. Canaccord Genuity Group reiterated a "buy" rating and issued a $464.00 price target on shares of Strategy in a research report on Tuesday, August 26th. Cowen reiterated a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. Mizuho increased 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. Finally, Wells Fargo & Company reiterated an "equal weight" rating and issued a $54.00 price target (down previously from $65.00) on shares of Strategy in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $509.54.

Strategy Stock Down 0.2%

Shares of Strategy stock opened at $351.63 on Friday. The stock has a 50-day moving average price of $351.36 and a 200 day moving average price of $362.20. The company has a market cap of $99.70 billion, a P/E ratio of 30.95 and a beta of 3.83. 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 Inc has a 1 year low of $163.97 and a 1 year 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, topping the consensus estimate of ($0.12) by $32.72. The firm had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the business earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling at Strategy

In other news, CAO Jeanine Montgomery purchased 5,000 shares of Strategy stock in a transaction dated 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 acquisition, the chief accounting officer directly owned 5,000 shares in the company, valued at $450,000. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Gregg Winiarski purchased 10,000 shares of Strategy stock in a transaction dated Friday, August 8th. The shares were purchased at an average price of $97.65 per share, with a total value of $976,500.00. Following the completion of the acquisition, the director owned 10,000 shares in the company, valued at $976,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 265,474 shares of company stock worth $24,056,259 and sold 152,150 shares worth $62,847,251. Corporate insiders own 8.46% of the company's stock.

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.

Want to see what other hedge funds are holding MSTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Strategy Inc (NASDAQ:MSTR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.