Stonehage Fleming Financial Services Holdings Ltd Sells 275 Shares of Strategy Inc $MSTR

Stonehage Fleming Financial Services Holdings Ltd lessened its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 63.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 160 shares of the software maker’s stock after selling 275 shares during the period. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Strategy were worth $65,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. MCF Advisors LLC bought a new stake in shares of Strategy during the 2nd quarter valued at $35,000. Maseco LLP bought a new position in Strategy in the 2nd quarter worth about $36,000. Hexagon Capital Partners LLC boosted its stake in Strategy by 7,750.0% in the 1st quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker’s stock worth $45,000 after purchasing an additional 155 shares in the last quarter. SJS Investment Consulting Inc. boosted its stake in Strategy by 25.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock worth $47,000 after purchasing an additional 24 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in Strategy by 57.3% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock worth $48,000 after purchasing an additional 43 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Insider Activity

In other news, EVP Wei-Ming Shao sold 30,000 shares of the company’s stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the completion of the sale, the executive vice president owned 12,726 shares of the company’s stock, valued at $4,547,890.62. This represents a 70.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Peter L. Briger, Jr. purchased 220,000 shares of Strategy 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 transaction, the director directly owned 220,000 shares in the company, valued at approximately $19,800,000. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 265,474 shares of company stock worth $24,056,259 and have sold 75,900 shares worth $28,992,651. 8.46% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on MSTR shares. Wells Fargo & Company reiterated an “equal weight” rating and issued a $54.00 price target (down previously from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a research note on Wednesday. Canaccord Genuity Group reiterated a “buy” rating and issued a $464.00 price target on shares of Strategy in a research note on Tuesday, August 26th. Cowen reiterated a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Strategy in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $509.54.

Strategy Price Performance

MSTR opened at $304.79 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The stock has a market capitalization of $86.42 billion, a P/E ratio of 26.83 and a beta of 3.83. The company’s 50-day simple moving average is $345.00 and its two-hundred day simple moving average is $362.81. Strategy Inc has a 52-week low of $185.81 and a 52-week high of $543.00.

Strategy (NASDAQ:MSTR) last posted its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $32.72. The business had revenue of $114.49 million for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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.