Darden Wealth Group Inc Makes New $243,000 Investment in Strategy Inc $MSTR

Darden Wealth Group Inc bought a new position in Strategy Inc (NASDAQ:MSTR) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 600 shares of the software maker’s stock, valued at approximately $243,000.

A number of other institutional investors have also bought and sold shares of the business. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Strategy by 11.3% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker’s stock worth $237,905,000 after purchasing an additional 59,688 shares in the last quarter. Correct Capital Wealth Management increased its holdings in shares of Strategy by 12.4% in the first quarter. Correct Capital Wealth Management now owns 188,463 shares of the software maker’s stock worth $54,328,000 after purchasing an additional 20,790 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its position 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 worth $50,791,000 after buying an additional 54,144 shares in the last quarter. TD Asset Management Inc boosted its stake in Strategy by 22.1% during the second quarter. TD Asset Management Inc now owns 107,991 shares of the software maker’s stock valued at $43,653,000 after buying an additional 19,565 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Strategy by 26.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 101,880 shares of the software maker’s stock worth $41,183,000 after acquiring an additional 21,499 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Monness Crespi & Hardt boosted their target price on shares of Strategy from $175.00 to $200.00 and gave the stock a “sell” rating in a report on Tuesday, July 15th. Benchmark restated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Cantor Fitzgerald reissued an “overweight” rating on shares of Strategy in a research report on Wednesday, August 13th. TD Cowen decreased their price objective on shares of Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. Finally, BTIG Research upped their price objective on Strategy from $620.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Strategy has a consensus rating of “Moderate Buy” and an average target price of $505.47.

Strategy Price Performance

Shares of Strategy stock opened at $289.08 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. Strategy Inc has a twelve month low of $220.82 and a twelve month high of $543.00. The firm has a market cap of $81.97 billion, a PE ratio of 25.45 and a beta of 3.83. The business has a 50-day moving average price of $326.41 and a 200 day moving average price of $363.50.

Strategy (NASDAQ:MSTR) last announced its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $32.72. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company had revenue of $114.49 million for the quarter, compared to analyst estimates of $112.68 million. During the same quarter in the previous year, the company earned ($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 Activity

In other news, CFO Andrew Kang sold 18,750 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $395.00, for a total value of $7,406,250.00. Following the completion of the sale, the chief financial officer directly owned 24,460 shares of the company’s stock, valued at approximately $9,661,700. This represents a 43.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gregg Winiarski bought 10,000 shares of Strategy stock in a transaction dated Friday, August 8th. The stock was acquired at an average cost of $97.65 per share, with a total value of $976,500.00. Following the completion of the acquisition, the director directly owned 10,000 shares of the company’s stock, valued at approximately $976,500. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 289,254 shares of company stock worth $26,372,670 and have sold 65,000 shares worth $24,099,750. 8.46% of the stock is owned by corporate insiders.

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.