Asset Management One Co. Ltd. Increases Stake in Strategy Inc $MSTR

Asset Management One Co. Ltd. increased its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 13.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 100,482 shares of the software maker’s stock after buying an additional 12,054 shares during the period. Asset Management One Co. Ltd.’s holdings in Strategy were worth $40,618,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Fiduciary Alliance LLC increased its stake in Strategy by 28.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock worth $18,157,000 after buying an additional 9,937 shares during the period. Swedbank AB purchased a new stake in Strategy during the 1st quarter worth approximately $17,352,000. GAMMA Investing LLC increased its stake in Strategy by 47.7% during the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after buying an additional 268 shares during the period. Maryland State Retirement & Pension System increased its stake in Strategy by 12.2% during the 2nd quarter. Maryland State Retirement & Pension System now owns 12,140 shares of the software maker’s stock worth $4,907,000 after buying an additional 1,321 shares during the period. Finally, Shariaportfolio Inc. increased its stake in Strategy by 2.9% during the 2nd quarter. Shariaportfolio Inc. now owns 90,138 shares of the software maker’s stock worth $36,436,000 after buying an additional 2,541 shares during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MSTR has been the subject of several analyst reports. Benchmark reiterated a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. Wells Fargo & Company reiterated an “equal weight” rating and set a $54.00 price target (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. Cowen reiterated a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. BTIG Research boosted their price target 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, Mizuho boosted their price target on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Strategy currently has an average rating of “Moderate Buy” and an average target price of $505.47.

Strategy Trading Up 1.5%

Shares of Strategy stock opened at $289.08 on Friday. The company has a fifty day simple moving average of $326.41 and a 200-day simple moving average of $362.64. Strategy Inc has a 12-month low of $220.82 and a 12-month high of $543.00. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The stock has a market cap of $81.97 billion, a price-to-earnings ratio of 25.45 and a beta of 3.83.

Strategy (NASDAQ:MSTR) last issued 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. 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 analysts’ expectations of $112.68 million. During the same quarter in the prior year, the business posted ($5.74) EPS. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insiders Place Their Bets

In related news, Director Peter L. Briger, Jr. bought 220,000 shares of the stock in a transaction dated Tuesday, July 29th. The stock was acquired at an average price of $90.00 per share, for a total transaction of $19,800,000.00. Following the acquisition, the director owned 220,000 shares in the company, valued at approximately $19,800,000. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the company’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 completion of the transaction, the chief financial officer 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. In the last 90 days, insiders have acquired 289,254 shares of company stock worth $26,372,670 and have sold 65,000 shares worth $24,099,750. Corporate insiders own 8.46% of the company’s stock.

Strategy 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.