Strategy Inc $MSTR Shares Acquired by Resona Asset Management Co. Ltd.

Key Points

• Resona Asset Management increased its stake in Strategy Inc. (NASDAQ:MSTR) by 13.6% in Q2 to 77,914 shares (an additional 9,338) valued at about $31.3 million.
• Strategy reported a blowout quarter with EPS $8.42 vs. a -$0.11 consensus and revenue of $128.69M (above estimates), and set FY 2025 guidance at 80.00 EPS.
• Institutional investors own about 59.84% of MSTR, with several large funds (Sumitomo Mitsui, STRS Ohio, Mn Services, Robeco) adding or initiating sizable positions, and analysts have a consensus rating of Moderate Buy with a $485.80 price target.

Resona Asset Management Co. Ltd. lifted its position in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 13.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,914 shares of the software maker's stock after purchasing an additional 9,338 shares during the period. Resona Asset Management Co. Ltd.'s holdings in Strategy were worth $31,298,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Mn Services Vermogensbeheer B.V. acquired a new stake in Strategy in the second quarter valued at $37,391,000. Strs Ohio increased its holdings in shares of Strategy by 2,345.9% in the 2nd quarter. Strs Ohio now owns 76,801 shares of the software maker's stock valued at $31,045,000 after acquiring an additional 73,661 shares during the last quarter. Swedbank AB acquired a new stake in shares of Strategy during the 1st quarter worth about $17,352,000. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Strategy by 11.3% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker's stock worth $237,905,000 after acquiring an additional 59,688 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in Strategy by 75.7% during the second quarter. Robeco Institutional Asset Management B.V. now owns 125,650 shares of the software maker's stock worth $50,791,000 after purchasing an additional 54,144 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Monness Crespi & Hardt set a $175.00 price target on shares of Strategy and gave the company a "sell" rating in a research note on Tuesday, October 28th. Wells Fargo & Company restated an "equal weight" rating and issued a $54.00 target price (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. HC Wainwright cut their price target on shares of Strategy from $521.00 to $475.00 and set a "buy" rating on the stock in a research note on Monday. China Renaissance assumed coverage on shares of Strategy in a research report on Wednesday, October 15th. They issued a "buy" rating and a $473.00 price target for the company. Finally, Cantor Fitzgerald dropped their price objective on Strategy from $697.00 to $560.00 and set an "overweight" rating on the stock in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Strategy has an average rating of "Moderate Buy" and a consensus price target of $485.80.

Strategy Price Performance

Shares of MSTR opened at $237.20 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. Strategy Inc has a fifty-two week low of $231.51 and a fifty-two week high of $543.00. The firm has a 50-day simple moving average of $311.78 and a 200-day simple moving average of $361.07. The company has a market capitalization of $67.26 billion, a price-to-earnings ratio of 20.88 and a beta of 3.87.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $8.53. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The firm had revenue of $128.69 million for the quarter, compared to analysts' expectations of $116.76 million. During the same quarter in the previous year, the firm posted ($1.56) EPS. The firm's revenue for the quarter was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity at Strategy

In other Strategy news, EVP Wei-Ming Shao sold 30,000 shares of the business's stock in a transaction on 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 transaction, the executive vice president directly owned 12,726 shares of the company's stock, valued at approximately $4,547,890.62. The trade was a 70.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jarrod M. Patten acquired 12,000 shares of the business's stock in a transaction on Friday, October 17th. The shares were purchased at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the transaction, the director owned 29,335 shares in the company, valued at $2,841,974.80. The trade was a 69.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 36,399 shares of company stock valued at $3,539,220 in the last 90 days. Company 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.

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