Swiss National Bank Increases Stake in Strategy Inc $MSTR

Key Points

• Swiss National Bank raised its stake in Strategy Inc. (MSTR) by 17.1% in Q2 to 749,300 shares—about 0.27% of the company—valued at roughly $302.9 million.
• The firm reported an unexpected earnings beat with EPS of $8.42 (consensus -$0.10) and revenue above estimates, and set FY2025 guidance at 80.00 EPS, while analysts' consensus remains a "Moderate Buy" with a $485.80 target.
• Other large institutions also increased positions (e.g., Harvest Portfolios +181.8%, National Pension Service +75%), institutional ownership is ~59.84%, and insiders were active—an EVP sold 2,600 shares while a director bought 12,000 shares, leaving insiders with 8.46% ownership.

Swiss National Bank lifted its stake in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 17.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 749,300 shares of the software maker's stock after buying an additional 109,500 shares during the quarter. Swiss National Bank owned approximately 0.27% of Strategy worth $302,890,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MSTR. Harvest Portfolios Group Inc. lifted its stake in Strategy by 181.8% in the second quarter. Harvest Portfolios Group Inc. now owns 708,040 shares of the software maker's stock worth $286,211,000 after acquiring an additional 456,745 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Strategy by 11.3% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker's stock valued at $237,905,000 after purchasing an additional 59,688 shares during the last quarter. National Pension Service raised its holdings in shares of Strategy by 75.0% in the 2nd quarter. National Pension Service now owns 507,093 shares of the software maker's stock valued at $204,982,000 after purchasing an additional 217,358 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of Strategy by 11.5% during the 2nd quarter. ProShare Advisors LLC now owns 346,462 shares of the software maker's stock worth $140,050,000 after purchasing an additional 35,699 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Strategy by 15.9% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 232,967 shares of the software maker's stock worth $94,172,000 after purchasing an additional 31,915 shares during the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Wei-Ming Shao sold 2,600 shares of Strategy stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total value of $525,252.00. Following the transaction, the executive vice president directly owned 32,726 shares of the company's stock, valued at $6,611,306.52. The trade was a 7.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jarrod M. Patten purchased 12,000 shares of Strategy stock in a transaction that occurred on Friday, October 17th. The stock was acquired at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the transaction, the director owned 29,335 shares in the company, valued at $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 36,399 shares of company stock valued at $3,539,220 and sold 53,177 shares valued at $17,122,166. 8.46% of the stock is currently owned by insiders.

Strategy Stock Performance

Shares of MSTR stock opened at $177.13 on Friday. The stock's 50-day moving average is $287.69 and its two-hundred day moving average is $350.50. The firm has a market cap of $50.90 billion, a price-to-earnings ratio of 15.59 and a beta of 3.87. Strategy Inc has a 1 year low of $171.48 and a 1 year 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 posted its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $8.52. The business had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.65 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The business's quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the business earned ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on MSTR shares. BTIG Research dropped their target price on Strategy from $700.00 to $630.00 and set a "buy" rating on the stock in a report on Friday, October 31st. Canaccord Genuity Group upped their price objective on Strategy from $464.00 to $474.00 and gave the stock a "buy" rating in a research report on Monday, November 3rd. Weiss Ratings reiterated a "hold (c)" rating on shares of Strategy in a report on Wednesday, October 8th. HC Wainwright cut their target price on Strategy from $521.00 to $475.00 and set a "buy" rating on the stock in a research report on Monday, November 3rd. Finally, Mizuho boosted their target price on Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $485.80.

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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