Stratos Wealth Partners LTD. Sells 969 Shares of Strategy Inc $MSTR

Key Points

• Stratos Wealth Partners LTD. reduced its stake in Strategy Inc. by 8.0%, selling 969 shares and retaining 11,109 shares valued at approximately $4.49 million as of their latest SEC filing.
• In Q2, several institutional investors increased their stakes in Strategy, with E Fund Management Hong Kong Co. Ltd. boosting its holdings by 57.3% to own 118 shares worth about $48,000.
• Strategy Inc. reported strong earnings with an EPS of $32.60, exceeding analyst expectations, and has set FY 2025 guidance at 80.000 EPS, indicating a positive outlook for growth.

Stratos Wealth Partners LTD. trimmed its position in Strategy Inc (NASDAQ:MSTR - Free Report) by 8.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,109 shares of the software maker's stock after selling 969 shares during the period. Stratos Wealth Partners LTD.'s holdings in Strategy were worth $4,491,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. MCF Advisors LLC purchased a new stake in shares of Strategy during the 2nd quarter valued at $35,000. Maseco LLP acquired a new stake in Strategy in the second quarter worth about $36,000. SJS Investment Consulting Inc. boosted its holdings in Strategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker's stock worth $47,000 after acquiring an additional 24 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Strategy by 57.3% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker's stock worth $48,000 after acquiring an additional 43 shares during the last quarter. Finally, V Square Quantitative Management LLC acquired a new position in shares of Strategy during the second quarter valued at about $51,000. 59.84% of the stock is owned by hedge funds and other institutional investors.

Strategy Price Performance

Shares of MSTR opened at $289.87 on Friday. The business's 50-day moving average is $335.82 and its two-hundred day moving average is $362.58. The company has a market capitalization of $82.19 billion, a P/E ratio of 25.52 and a beta of 3.83. Strategy Inc has a fifty-two week low of $197.10 and a fifty-two week high of $543.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its earnings results on Thursday, July 31st. The software maker reported $32.60 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $112.68 million. During the same quarter in the prior year, the business earned ($5.74) earnings per share. The company's revenue was up 2.7% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity

In other news, Director Peter L. Briger, Jr. bought 220,000 shares of the stock in a transaction dated Tuesday, July 29th. The shares were acquired at an average cost of $90.00 per share, with a total value of $19,800,000.00. Following the purchase, the director directly owned 220,000 shares in the company, valued at $19,800,000. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the firm's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $395.00, for a total value of $7,406,250.00. Following the sale, the chief financial officer owned 24,460 shares in the company, valued at $9,661,700. This trade represents a 43.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders bought 265,474 shares of company stock valued at $24,056,259 and sold 65,000 shares valued at $24,099,750. 8.46% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. BTIG Research boosted their target price on shares of Strategy from $620.00 to $700.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. TD Cowen cut their target price on Strategy from $640.00 to $620.00 and set a "buy" rating on the stock in a research report on Tuesday, September 16th. China Renaissance assumed coverage on Strategy in a research note on Wednesday. They issued a "buy" rating and a $473.00 target price for the company. Wells Fargo & Company reiterated an "equal weight" rating and set a $54.00 price target (down previously from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of Strategy in a research note on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Strategy currently has an average rating of "Moderate Buy" and a consensus target price of $506.93.

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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