Strategy Inc $MSTR Stock Holdings Increased by Callan Family Office LLC

Key Points

• Callan Family Office LLC significantly increased its holdings in Strategy Inc (NASDAQ:MSTR) by 383.7%, acquiring an additional 3,027 shares for a total value of $1,543,000.
• Strategy's stock has shown a 4.8% decline recently, with shares opening at $304.79 and a market capitalization of $86.42 billion.
• Several hedge funds have also increased their stakes, with Fiduciary Alliance LLC raising its stake by 28.4%, owning 44,918 shares valued at $18.16 million.

Callan Family Office LLC raised its holdings in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 383.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,816 shares of the software maker's stock after acquiring an additional 3,027 shares during the period. Callan Family Office LLC's holdings in Strategy were worth $1,543,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Fiduciary Alliance LLC raised its stake in Strategy by 28.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker's stock valued at $18,157,000 after acquiring an additional 9,937 shares in the last quarter. Swedbank AB bought a new stake in shares of Strategy in the 1st quarter worth $17,352,000. GAMMA Investing LLC raised its stake in shares of Strategy by 47.7% in 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% in 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, Shariaportfolio Inc. raised its stake in shares of Strategy by 2.9% in the 2nd quarter. Shariaportfolio Inc. now owns 90,138 shares of the software maker's stock worth $36,436,000 after buying an additional 2,541 shares in the last quarter. Institutional investors own 59.84% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on MSTR. Mizuho boosted their price objective on Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a research note on Monday, August 11th. Canaccord Genuity Group reissued a "buy" rating and issued a $464.00 price objective on shares of Strategy in a research note on Tuesday, August 26th. TD Cowen dropped their price objective on Strategy from $640.00 to $620.00 and set a "buy" rating on the stock in a research note on Tuesday, September 16th. Cantor Fitzgerald reissued an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. Finally, Cowen reissued 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 assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $509.54.

Insider Activity

In other Strategy news, Director Peter L. Briger, Jr. purchased 220,000 shares of the company's stock in a transaction that occurred on Tuesday, July 29th. The shares were purchased at an average cost of $90.00 per share, with a total value of $19,800,000.00. Following the completion of the transaction, the director owned 220,000 shares of the company's stock, valued at approximately $19,800,000. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Gregg Winiarski purchased 10,000 shares of the company's stock in a transaction that occurred on Friday, August 8th. The shares were acquired at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the transaction, the director directly owned 10,000 shares of the company's stock, valued at $976,500. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 265,474 shares of company stock valued at $24,056,259 and sold 75,900 shares valued at $28,992,651. Corporate insiders own 8.46% of the company's stock.

Strategy Stock Down 4.8%

Shares of Strategy stock opened at $304.79 on Friday. The stock's fifty day moving average is $345.00 and its 200-day moving average is $362.81. The firm has a market capitalization of $86.42 billion, a PE ratio of 26.83 and a beta of 3.83. 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 Inc has a 12-month low of $185.81 and a 12-month high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last issued 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. The business had revenue of $114.49 million for 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 revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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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