Voya Investment Management LLC Lowers Stock Holdings in Strategy Inc $MSTR

Voya Investment Management LLC trimmed its holdings in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 32.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 73,390 shares of the software maker's stock after selling 35,477 shares during the period. Voya Investment Management LLC's holdings in Strategy were worth $21,156,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MSTR. Focus Partners Wealth lifted its holdings in shares of Strategy by 35.5% during the fourth quarter. Focus Partners Wealth now owns 3,592 shares of the software maker's stock valued at $1,051,000 after purchasing an additional 942 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Strategy by 12.8% during the fourth quarter. Janus Henderson Group PLC now owns 13,200 shares of the software maker's stock valued at $3,825,000 after purchasing an additional 1,500 shares during the last quarter. OMERS ADMINISTRATION Corp purchased a new position in Strategy in the 4th quarter worth approximately $297,000. Quantinno Capital Management LP raised its holdings in Strategy by 117.6% in the 4th quarter. Quantinno Capital Management LP now owns 3,642 shares of the software maker's stock worth $1,055,000 after acquiring an additional 1,968 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC raised its holdings in Strategy by 12.3% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 4,705 shares of the software maker's stock worth $1,363,000 after acquiring an additional 515 shares during the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Wei-Ming Shao sold 32,500 shares of the business's stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $401.47, for a total transaction of $13,047,775.00. Following the completion of the sale, the executive vice president owned 12,726 shares of the company's stock, valued at $5,109,107.22. The trade was a 71.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Andrew Kang sold 18,750 shares of the business's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the sale, the chief financial officer directly owned 24,460 shares of the company's stock, valued at approximately $9,661,700. The trade was a 43.39% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders purchased 252,974 shares of company stock worth $22,844,759 and sold 142,150 shares worth $59,289,351. 8.46% of the stock is owned by corporate insiders.

Strategy Price Performance

NASDAQ MSTR opened at $331.44 on Monday. The business's fifty day moving average price is $379.35 and its 200-day moving average price is $357.52. The stock has a market capitalization of $93.98 billion, a price-to-earnings ratio of 29.18 and a beta of 3.82. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. Strategy Inc has a 1-year low of $128.51 and a 1-year high of $543.00.

Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $32.72. The firm had revenue of $114.49 million for the quarter, compared to analysts' expectations of $112.68 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company's revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on MSTR shares. Mizuho boosted their price objective on shares of Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Cowen restated a "buy" rating on shares of Strategy in a report on Wednesday, August 13th. Benchmark restated a "buy" rating on shares of Strategy in a report on Wednesday, August 13th. BTIG Research boosted their price objective on shares of Strategy from $620.00 to $700.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Finally, TD Cowen boosted their price objective on shares of Strategy from $590.00 to $680.00 and gave the stock a "buy" rating in a report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $552.50.

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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