Strategy Inc $MSTR Shares Sold by Greenleaf Trust

Key Points

• Greenleaf Trust has reduced its stake in Strategy Inc (NASDAQ:MSTR) by 15.4%, owning 4,796 shares worth approximately $1.94 million as of the latest SEC filing.
• Other institutional investors have increased their positions, with Fiduciary Alliance LLC boosting its stake by 28.4% and Swedbank AB initiating a new investment of around $17.35 million.
• The stock currently holds a consensus rating of "Moderate Buy" with a target price of $509.54, following positive quarterly earnings that significantly surpassed expectations.

Greenleaf Trust trimmed its stake in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 15.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,796 shares of the software maker's stock after selling 875 shares during the quarter. Greenleaf Trust's holdings in Strategy were worth $1,939,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Fiduciary Alliance LLC lifted its position in Strategy by 28.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker's stock worth $18,157,000 after acquiring an additional 9,937 shares during the period. Swedbank AB purchased a new position in shares of Strategy during the 1st quarter worth approximately $17,352,000. GAMMA Investing LLC raised its stake in shares of Strategy by 47.7% during the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker's stock worth $239,000 after buying an additional 268 shares in the last quarter. Yousif Capital Management LLC raised its stake in shares of Strategy by 42.9% during the 1st quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker's stock worth $839,000 after buying an additional 873 shares in the last quarter. Finally, NBC Securities Inc. purchased a new position in shares of Strategy during the 1st quarter worth approximately $236,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MSTR has been the subject of a number of analyst reports. Canaccord Genuity Group reissued a "buy" rating and set a $464.00 target price on shares of Strategy in a research note on Tuesday, August 26th. Benchmark reissued a "buy" rating on shares of Strategy in a research note on Wednesday, August 13th. Monness Crespi & Hardt increased their target price on Strategy from $175.00 to $200.00 and gave the stock a "sell" rating in a research note on Tuesday, July 15th. BTIG Research increased their target price on Strategy from $620.00 to $700.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Finally, Wells Fargo & Company reissued an "equal weight" rating and set a $54.00 target price (down from $65.00) on shares of Strategy in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $509.54.

Strategy Stock Performance

NASDAQ MSTR opened at $322.57 on Wednesday. Strategy Inc has a 1-year low of $157.02 and a 1-year high of $543.00. The company has a market capitalization of $91.46 billion, a P/E ratio of 28.40 and a beta of 3.82. The business has a 50 day moving average price of $355.18 and a 200 day moving average price of $361.48. 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. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The firm had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. During the same period last year, the business posted ($5.74) EPS. Strategy's quarterly revenue was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity

In other Strategy news, CFO Andrew Kang sold 18,750 shares of the 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 sale, the chief financial officer owned 24,460 shares in the company, valued at approximately $9,661,700. This represents a 43.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jane A. Dietze bought 1,500 shares of the stock in a transaction on Tuesday, July 29th. The shares were bought at an average price of $90.00 per share, for a total transaction of $135,000.00. Following the acquisition, the director owned 1,500 shares in the company, valued at $135,000. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 265,474 shares of company stock worth $24,056,259 and have sold 152,150 shares worth $62,847,251. Corporate insiders own 8.46% of the company's stock.

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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