Stratos Wealth Advisors LLC Buys 239 Shares of Strategy Inc $MSTR

Stratos Wealth Advisors LLC raised its holdings in Strategy Inc (NASDAQ:MSTR) by 2.9% during the second quarter, Holdings Channel reports. The institutional investor owned 8,556 shares of the software maker’s stock after buying an additional 239 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Strategy were worth $3,459,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in MSTR. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Strategy by 27.4% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 528,850 shares of the software maker’s stock valued at $152,452,000 after buying an additional 113,752 shares in the last quarter. Mn Services Vermogensbeheer B.V. bought a new position in shares of Strategy in the second quarter valued at $37,391,000. Swedbank AB bought a new position in shares of Strategy in the first quarter valued at $17,352,000. Robeco Institutional Asset Management B.V. lifted its stake in shares of Strategy by 75.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 125,650 shares of the software maker’s stock valued at $50,791,000 after buying an additional 54,144 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of Strategy in the first quarter valued at $13,795,000. 59.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

MSTR has been the topic of a number of recent research reports. Monness Crespi & Hardt raised their price objective on shares of Strategy from $175.00 to $200.00 and gave the company a “sell” rating in a research note on Tuesday, July 15th. BTIG Research increased their target price on shares of Strategy from $620.00 to $700.00 and gave the company a “buy” rating in a report on Friday, August 1st. Wells Fargo & Company reiterated an “equal weight” rating and issued a $54.00 target price (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. TD Cowen lowered their target price on shares of Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued 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.

Strategy Stock Performance

NASDAQ MSTR opened at $289.87 on Friday. Strategy Inc has a 52-week low of $197.10 and a 52-week high of $543.00. The company has a 50-day simple moving average of $335.82 and a 200 day simple moving average of $362.23. 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 company has a market capitalization of $82.19 billion, a PE ratio of 25.52 and a beta of 3.83.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $32.72. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The business had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. During the same quarter last year, the company posted ($5.74) earnings per share. The firm’s quarterly 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 Buying and Selling at Strategy

In related news, EVP Wei-Ming Shao sold 30,000 shares of the firm’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 in the company, valued at approximately $4,547,890.62. This trade represents a 70.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Andrew Kang sold 18,750 shares of the firm’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the sale, the chief financial officer owned 24,460 shares of the company’s stock, valued at $9,661,700. This trade represents a 43.39% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have bought 265,474 shares of company stock valued at $24,056,259 and have sold 65,000 shares valued at $24,099,750. 8.46% of the stock is currently owned by corporate insiders.

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.