Strategy Inc $MSTR Shares Purchased by Maryland State Retirement & Pension System

Key Points

• The Maryland State Retirement & Pension System increased its position in Strategy Inc (NASDAQ:MSTR) by 12.2%, owning 12,140 shares valued at approximately $4.9 million after acquiring 1,321 additional shares in Q2.
• Insider activity included EVP Wei-Ming Shao selling 30,000 shares for over $10.7 million, representing a significant reduction of 70.21% in his ownership, while Director Gregg Winiarski acquired 10,000 shares.
• Strategy Inc posted earnings of $32.60 EPS in the last quarter, outperforming analysts' expectations, and has a consensus price target of $509.54 among analysts.

Maryland State Retirement & Pension System lifted its position in Strategy Inc (NASDAQ:MSTR - Free Report) by 12.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,140 shares of the software maker's stock after purchasing an additional 1,321 shares during the quarter. Maryland State Retirement & Pension System's holdings in Strategy were worth $4,907,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MSTR. SJS Investment Consulting Inc. raised its stake in shares of 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 buying an additional 24 shares in the last quarter. Smith Anglin Financial LLC raised its stake in shares of Strategy by 1.2% during the 2nd quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker's stock worth $1,025,000 after buying an additional 30 shares in the last quarter. Magnus Financial Group LLC raised its stake in shares of Strategy by 0.9% during the 2nd quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker's stock worth $1,479,000 after buying an additional 32 shares in the last quarter. Beacon Capital Management LLC raised its stake in shares of Strategy by 0.8% during the 2nd quarter. Beacon Capital Management LLC now owns 5,176 shares of the software maker's stock worth $2,092,000 after buying an additional 39 shares in the last quarter. Finally, Summit Financial LLC increased its stake in Strategy by 5.3% in the 1st quarter. Summit Financial LLC now owns 815 shares of the software maker's stock valued at $235,000 after purchasing an additional 41 shares in the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, 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 transaction of $10,721,100.00. Following the sale, the executive vice president owned 12,726 shares in the company, valued at $4,547,890.62. This trade represents a 70.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gregg Winiarski acquired 10,000 shares of the firm's stock in a transaction dated Friday, August 8th. The shares were acquired at an average price of $97.65 per share, for a total transaction of $976,500.00. Following the acquisition, the director directly owned 10,000 shares of the company's stock, valued at approximately $976,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 265,474 shares of company stock worth $24,056,259 and sold 75,900 shares worth $28,992,651. Company insiders own 8.46% of the company's stock.

Strategy Price Performance

NASDAQ:MSTR opened at $320.29 on Friday. The firm has a market cap of $90.82 billion, a price-to-earnings ratio of 28.19 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. The company's 50-day moving average is $346.23 and its two-hundred day moving average is $362.84. Strategy Inc has a 12-month low of $178.00 and a 12-month high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last released its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.12) by $32.72. The company had revenue of $114.49 million for the quarter, compared to analyst estimates of $112.68 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The firm's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analyst Weigh In

MSTR has been the subject of several research analyst reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Strategy in a research note on Wednesday. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $464.00 price objective on shares of Strategy in a research note on Tuesday, August 26th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. TD Cowen dropped their price objective on Strategy from $640.00 to $620.00 and set a "buy" rating for the company in a research note on Tuesday, September 16th. Finally, Cowen reaffirmed a "buy" rating on shares of Strategy in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $509.54.

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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