Strategy Inc $MSTR Shares Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC boosted its stake in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 11.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,753 shares of the software maker's stock after acquiring an additional 1,209 shares during the quarter. Chicago Partners Investment Group LLC's holdings in Strategy were worth $4,850,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SJS Investment Consulting Inc. lifted its position in Strategy by 25.8% during the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker's stock worth $47,000 after acquiring an additional 24 shares during the period. Mutual Advisors LLC grew its holdings in Strategy by 2.0% during the second quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker's stock worth $548,000 after acquiring an additional 27 shares during the period. Smith Anglin Financial LLC grew its holdings in Strategy by 1.2% during the second quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker's stock worth $1,025,000 after acquiring an additional 30 shares during the period. Magnus Financial Group LLC grew its holdings in Strategy by 0.9% during the second quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker's stock worth $1,479,000 after acquiring an additional 32 shares during the period. Finally, Beacon Capital Management LLC grew its holdings in Strategy by 0.8% during the second quarter. Beacon Capital Management LLC now owns 5,176 shares of the software maker's stock worth $2,092,000 after acquiring an additional 39 shares during the period. 59.84% of the stock is owned by institutional investors and hedge funds.

Strategy Stock Performance

NASDAQ MSTR opened at $289.87 on Monday. Strategy Inc has a 1-year low of $197.10 and a 1-year high of $543.00. The company has a market capitalization of $82.19 billion, a P/E ratio of 25.52 and a beta of 3.83. The business has a 50 day moving average price of $335.82 and a 200 day moving average price of $363.14. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68.

Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings data 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 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%.Strategy's quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the business posted ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analyst Ratings Changes

A number of brokerages recently weighed in on MSTR. TD Cowen dropped their price objective on Strategy from $640.00 to $620.00 and set a "buy" rating on the stock in a report on Tuesday, September 16th. Mizuho upped their price objective on Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Strategy in a report on Wednesday, October 8th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Strategy in a report on Wednesday, August 13th. Finally, China Renaissance began coverage on Strategy in a research note on Wednesday, October 15th. They issued a "buy" rating and a $473.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $506.93.

Insider Activity at Strategy

In other Strategy news, CFO Andrew Kang sold 18,750 shares of the firm's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the completion of the transaction, the chief financial officer owned 24,460 shares of the company's stock, 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 filing with the SEC, which is accessible through this link. Also, EVP Wei-Ming Shao sold 30,000 shares of the firm's stock in a transaction on Tuesday, October 7th. The stock was 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 $4,547,890.62. The trade was a 70.21% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 265,474 shares of company stock valued at $24,056,259 and have sold 65,000 shares valued at $24,099,750. 8.46% of the stock is currently owned by corporate insiders.

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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