Titleist Asset Management LLC Has $5.69 Million Stake in Strategy Inc $MSTR

Key Points

• Titleist Asset Management LLC increased its stake in Strategy Inc (NASDAQ:MSTR) by 208.9%, acquiring an additional 13,337 shares, bringing its total holdings to 19,720 shares valued at approximately $5.7 million.
• The company reported a significant earnings per share of $32.60 for the last quarter, greatly surpassing analysts' expectations of ($0.12), and achieved a net margin of 1,036.61% on total revenue of $114.49 million.
• Institutional investors own 59.84% of Strategy's stock, with several firms making substantial increases in their holdings during recent quarters.

Titleist Asset Management LLC grew its holdings in Strategy Inc (NASDAQ:MSTR - Free Report) by 208.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,720 shares of the software maker's stock after acquiring an additional 13,337 shares during the period. Titleist Asset Management LLC's holdings in Strategy were worth $5,685,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSTR. Dunhill Financial LLC bought a new stake in shares of Strategy in the 4th quarter worth about $26,000. Safe Harbor Fiduciary LLC boosted its holdings in shares of Strategy by 820.0% in the fourth quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker's stock valued at $27,000 after acquiring an additional 82 shares in the last quarter. First United Bank & Trust bought a new position in shares of Strategy in the first quarter valued at approximately $29,000. Hexagon Capital Partners LLC lifted its stake in Strategy by 7,750.0% during 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 last quarter. Finally, Vermillion Wealth Management Inc. acquired a new stake in Strategy during the fourth quarter valued at approximately $54,000. Hedge funds and other institutional investors own 59.84% of the company's stock.

Insider Buying and Selling at Strategy

In other Strategy news, CEO Phong Le purchased 5,500 shares of the company's stock in a transaction that occurred on Tuesday, July 29th. The stock was acquired at an average cost of $90.00 per share, with a total value of $495,000.00. Following the completion of the purchase, the chief executive officer directly owned 5,500 shares in the company, valued at approximately $495,000. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the completion of the sale, the chief financial officer directly owned 24,460 shares of the company's stock, valued at $9,661,700. The trade was a 43.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders acquired 268,251 shares of company stock worth $24,143,304 and sold 151,363 shares worth $62,739,988. Insiders own 8.46% of the company's stock.

Wall Street Analysts Forecast Growth

MSTR has been the subject of several research analyst reports. Barclays restated a "hold" rating on shares of Strategy in a research report on Monday, May 19th. Monness Crespi & Hardt upped their price target on shares of Strategy from $175.00 to $200.00 and gave the company a "sell" rating in a research report on Tuesday, July 15th. TD Cowen upped their price target on shares of Strategy from $590.00 to $680.00 and gave the company a "buy" rating in a research report on Tuesday, July 15th. UBS Group restated a "buy" rating on shares of Strategy in a research report on Friday, May 16th. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of Strategy in a research report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Strategy currently has an average rating of "Moderate Buy" and a consensus price target of $552.50.

Strategy Stock Up 2.0%

MSTR stock traded up $6.64 during midday trading on Tuesday, reaching $341.05. The company had a trading volume of 10,138,882 shares, compared to its average volume of 15,167,916. Strategy Inc has a 1 year low of $113.69 and a 1 year high of $543.00. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $96.70 billion, a P/E ratio of 30.02 and a beta of 3.82. The company has a 50 day moving average of $390.33 and a two-hundred day moving average of $355.24.

Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, beating analysts' consensus estimates of ($0.12) by $32.72. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The business had revenue of $114.49 million for the quarter, compared to the consensus estimate of $112.68 million. During the same quarter last year, the firm earned ($5.74) EPS. Strategy's revenue for the quarter was up 2.7% on a year-over-year basis. 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.