Avidian Wealth Enterprises LLC Acquires 227 Shares of Strategy Inc $MSTR

Avidian Wealth Enterprises LLC raised its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 23.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,195 shares of the software maker’s stock after purchasing an additional 227 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Strategy were worth $483,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. MCF Advisors LLC bought a new stake in shares of Strategy during the second quarter worth $35,000. Maseco LLP bought a new stake in shares of Strategy during the second quarter worth $36,000. Hexagon Capital Partners LLC lifted its position in shares of Strategy by 7,750.0% during the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker’s stock worth $45,000 after purchasing an additional 155 shares during the last quarter. SJS Investment Consulting Inc. raised its holdings in shares of Strategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after acquiring an additional 24 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of Strategy by 57.3% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock valued at $48,000 after acquiring an additional 43 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Wei-Ming Shao sold 30,000 shares of the business’s stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the sale, the executive vice president owned 12,726 shares in the company, valued at approximately $4,547,890.62. The trade was a 70.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jarrod M. Patten purchased 12,000 shares of the company’s stock in a transaction dated Friday, October 17th. The shares were acquired at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the purchase, the director directly owned 29,335 shares of the company’s stock, valued at approximately $2,841,974.80. The trade was a 69.22% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders purchased 289,254 shares of company stock valued at $26,372,670 and sold 65,000 shares valued at $24,099,750. Company insiders own 8.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MSTR. Monness Crespi & Hardt lifted their price objective on Strategy from $175.00 to $200.00 and gave the company a “sell” rating in a report on Tuesday, July 15th. Canaccord Genuity Group restated a “buy” rating and issued a $464.00 price objective on shares of Strategy in a report on Tuesday, August 26th. TD Cowen decreased their price objective on Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. Mizuho lifted their price objective on Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a report on Monday, August 11th. Finally, BTIG Research lifted their price objective on Strategy from $620.00 to $700.00 and gave the company a “buy” rating in a report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $505.47.

Strategy Stock Performance

Shares of Strategy stock opened at $280.81 on Thursday. The company has a market capitalization of $79.62 billion, a PE ratio of 24.72 and a beta of 3.83. 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 50-day simple moving average of $329.72 and a two-hundred day simple moving average of $362.17. Strategy Inc has a one year low of $204.91 and a one year high of $543.00.

Strategy (NASDAQ:MSTR) last announced 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. The business had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The firm’s revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the company posted ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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.