Wealth Management Partners LLC Trims Stock Holdings in Strategy Inc $MSTR

Key Points

• Wealth Management Partners LLC reduced its stake in Strategy Inc (NASDAQ:MSTR) by 28.4%, owning 2,105 shares worth approximately $833,000 after selling 835 shares in the 2nd quarter.
• Insider transactions included Director Peter L. Briger, Jr. purchasing 220,000 shares for $19.8 million, while CFO Andrew Kang sold 18,750 shares valued at $7.4 million.
• Strategy recently reported earnings of $32.60 per share for the quarter, significantly beating analysts' expectations, with revenue increasing 2.7% year-over-year.

Wealth Management Partners LLC lowered its stake in Strategy Inc (NASDAQ:MSTR - Free Report) by 28.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,105 shares of the software maker's stock after selling 835 shares during the quarter. Wealth Management Partners LLC's holdings in Strategy were worth $833,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. First United Bank & Trust bought a new position in shares of Strategy in the first quarter worth about $29,000. Siemens Fonds Invest GmbH raised its stake in shares of Strategy by 6,992.7% in the fourth quarter. Siemens Fonds Invest GmbH now owns 119,654 shares of the software maker's stock worth $33,000 after buying an additional 117,967 shares during the period. Hexagon Capital Partners LLC raised its stake in shares of Strategy by 7,750.0% in the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker's stock worth $45,000 after buying an additional 155 shares during the period. Vermillion Wealth Management Inc. bought a new position in shares of Strategy in the fourth quarter worth about $54,000. Finally, Dogwood Wealth Management LLC bought a new position in shares of Strategy in the fourth quarter worth about $57,000. Institutional investors own 59.84% of the company's stock.

Insider Buying and Selling at Strategy

In other Strategy news, EVP Wei-Ming Shao sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $355.79, for a total transaction of $3,557,900.00. Following the sale, the executive vice president directly owned 12,726 shares in the company, valued at $4,527,783.54. This represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Gregg Winiarski acquired 10,000 shares of the firm's stock in a transaction on Friday, August 8th. The shares were bought at an average price of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the transaction, the director owned 10,000 shares of the company's stock, valued at approximately $976,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 265,474 shares of company stock valued at $24,056,259 and sold 152,150 shares valued at $62,847,251. 8.46% of the stock is currently owned by company insiders.

Strategy Price Performance

Strategy stock traded down $8.82 during midday trading on Monday, reaching $335.93. 10,035,932 shares of the stock traded hands, compared to its average volume of 14,850,645. The stock's fifty day moving average is $371.79 and its 200-day moving average is $359.57. Strategy Inc has a 12 month low of $145.01 and a 12 month high of $543.00. The stock has a market cap of $95.25 billion, a P/E ratio of 29.57 and a beta of 3.82. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 EPS 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 firm had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. During the same quarter last year, the firm earned ($5.74) EPS. The firm's revenue for the quarter was up 2.7% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MSTR. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. Monness Crespi & Hardt raised their price objective on Strategy from $175.00 to $200.00 and gave the stock a "sell" rating in a research note on Tuesday, July 15th. Benchmark reiterated a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. Mizuho increased their target price on Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a research report on Monday, August 11th. Finally, TD Cowen cut their target price on Strategy from $640.00 to $620.00 and set a "buy" rating for the company in a research report on Tuesday, September 16th. One 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 issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $547.50.

Strategy 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.