Strategy Inc $MSTR Holdings Lifted by Shariaportfolio Inc.

Key Points

• Shariaportfolio Inc. increased its stake in Strategy Inc ($MSTR) by 2.9% during Q2, making it the second-largest position in their portfolio, with holdings valued at approximately $36.4 million.
• Wall Street analysts have mixed views on Strategy Inc., with most rating it as a "Moderate Buy" and an average target price of $509.54, while TD Cowen recently cut the price objective from $640.00 to $620.00.
• Insider trading activity includes CFO Andrew Kang selling 18,750 shares for $7.4 million, while Director Peter L. Briger, Jr. bought 220,000 shares worth $19.8 million.

Shariaportfolio Inc. increased its position in Strategy Inc (NASDAQ:MSTR - Free Report) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 90,138 shares of the software maker's stock after buying an additional 2,541 shares during the quarter. Strategy comprises about 15.6% of Shariaportfolio Inc.'s investment portfolio, making the stock its 2nd biggest position. Shariaportfolio Inc.'s holdings in Strategy were worth $36,436,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MSTR. First United Bank & Trust purchased a new position in shares of Strategy in the 1st quarter worth $29,000. MCF Advisors LLC purchased a new position in Strategy in the second quarter valued at about $35,000. Maseco LLP purchased a new position in Strategy in the second quarter valued at about $36,000. Hexagon Capital Partners LLC raised its position in Strategy by 7,750.0% in the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker's stock valued at $45,000 after purchasing an additional 155 shares during the period. Finally, SJS Investment Consulting Inc. raised its position 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 during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MSTR has been the topic of several research reports. TD Cowen cut their price objective on Strategy from $640.00 to $620.00 and set a "buy" rating on the stock in a research report on Tuesday, September 16th. Mizuho raised their price objective on Strategy from $563.00 to $586.00 and gave the company an "outperform" rating in a research report on Monday, August 11th. Cantor Fitzgerald reissued an "overweight" rating on shares of Strategy in a research report on Wednesday, August 13th. Monness Crespi & Hardt raised their price objective on Strategy from $175.00 to $200.00 and gave the company a "sell" rating in a research report on Tuesday, July 15th. Finally, Benchmark reissued a "buy" rating on shares of Strategy in a research 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 given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $509.54.

Insiders Place Their Bets

In related news, CFO Andrew Kang sold 18,750 shares of Strategy stock in a transaction dated Thursday, August 7th. The stock was 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 in the company, valued at approximately $9,661,700. This trade represents a 43.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Peter L. Briger, Jr. purchased 220,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The stock was purchased at an average price of $90.00 per share, with a total value of $19,800,000.00. Following the completion of the purchase, the director directly owned 220,000 shares of the company's stock, valued at approximately $19,800,000. This represents a ∞ increase in their position. 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 119,650 shares valued at $49,799,476. 8.46% of the stock is currently owned by company insiders.

Strategy Stock Down 8.7%

Shares of Strategy stock opened at $328.40 on Wednesday. The business has a 50-day moving average of $349.15 and a 200-day moving average of $363.17. 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 company has a market capitalization of $93.12 billion, a PE ratio of 28.91 and a beta of 3.83. Strategy Inc has a 1-year low of $178.00 and a 1-year high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share 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 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 company's revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm earned ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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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