Strategy Inc $MSTR Stock Holdings Lessened by Global Assets Advisory LLC

Key Points

• Global Assets Advisory LLC significantly reduced its holdings in Strategy Inc, cutting its share ownership by 67.5% in Q2, leaving it with 565 shares valued at approximately $211,000.
• Strategy Inc reported a strong quarterly earnings performance with an EPS of $32.60, greatly surpassing analysts' expectations of ($0.12), and revenue rising 2.7% year-over-year to $114.49 million.
• Insider activity saw notable purchases, with Director Jane A. Dietze and CAO Jeanine Montgomery acquiring shares totaling $585,000, indicating confidence in the company's future prospects.

Global Assets Advisory LLC lessened its holdings in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 67.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 565 shares of the software maker's stock after selling 1,175 shares during the period. Global Assets Advisory LLC's holdings in Strategy were worth $211,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Fiduciary Alliance LLC boosted its stake in Strategy by 28.4% in the second 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 during the period. Swedbank AB acquired a new position in Strategy during the 1st quarter valued at approximately $17,352,000. GAMMA Investing LLC grew its stake in 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 during the last quarter. Yousif Capital Management LLC increased its position in Strategy by 42.9% in the first 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 during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd bought a new stake in Strategy in the first quarter valued at $13,795,000. Institutional investors and hedge funds own 59.84% of the company's stock.

Strategy Trading Up 2.3%

Shares of NASDAQ:MSTR opened at $359.69 on Tuesday. The company has a 50 day moving average of $350.47 and a 200-day moving average of $363.41. 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 firm has a market cap of $101.99 billion, a P/E ratio of 31.66 and a beta of 3.83. Strategy Inc has a twelve month low of $178.00 and a twelve month high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 EPS 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 analyst estimates of $112.68 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the business earned ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In other news, Director Jane A. Dietze acquired 1,500 shares of the business's stock in a transaction dated Tuesday, July 29th. The stock was acquired at an average price of $90.00 per share, for a total transaction of $135,000.00. Following the completion of the acquisition, the director directly owned 1,500 shares in the company, valued at $135,000. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CAO Jeanine Montgomery bought 5,000 shares of the firm'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 $450,000.00. Following the purchase, the chief accounting officer directly owned 5,000 shares of the company's stock, valued at approximately $450,000. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 265,474 shares of company stock worth $24,056,259 and have sold 152,150 shares worth $62,847,251. 8.46% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

MSTR has been the subject of several recent research reports. Benchmark restated a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. Cowen restated a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. Cantor Fitzgerald restated an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. Mizuho boosted their price objective on Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a research report on Monday, August 11th. Finally, Monness Crespi & Hardt increased their price objective on Strategy from $175.00 to $200.00 and gave the stock a "sell" rating in a report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average 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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