Quantbot Technologies LP Has $9.01 Million Position in Strategy Inc $MSTR

Quantbot Technologies LP increased its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 512.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 22,296 shares of the software maker’s stock after purchasing an additional 18,658 shares during the period. Quantbot Technologies LP’s holdings in Strategy were worth $9,013,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. SJS Investment Consulting Inc. increased its position 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 buying an additional 24 shares during the period. Mutual Advisors LLC grew its stake in shares of Strategy by 2.0% in the second quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker’s stock worth $548,000 after acquiring an additional 27 shares during the last quarter. Bernardo Wealth Planning LLC increased its position in Strategy by 3.9% during the second quarter. Bernardo Wealth Planning LLC now owns 772 shares of the software maker’s stock worth $312,000 after acquiring an additional 29 shares during the period. Smith Anglin Financial LLC raised its stake in Strategy by 1.2% during the 2nd quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock valued at $1,025,000 after purchasing an additional 30 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC grew its position in Strategy by 2.7% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,163 shares of the software maker’s stock worth $470,000 after purchasing an additional 31 shares during the last quarter. Institutional investors own 59.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research report on Wednesday, October 8th. HC Wainwright cut their price target on Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a report on Monday, November 3rd. Cantor Fitzgerald decreased their price objective on Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Cowen restated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Finally, Monness Crespi & Hardt raised Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $485.80.

Insider Transactions at Strategy

In other news, Director Jarrod M. Patten bought 12,000 shares of the company’s stock in a transaction that occurred on Friday, October 17th. The stock was acquired at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the transaction, the director directly owned 29,335 shares of the company’s stock, valued at $2,841,974.80. This trade represents a 69.22% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Wei-Ming Shao sold 2,600 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total transaction of $525,252.00. Following the completion of the transaction, the executive vice president owned 32,726 shares in the company, valued at approximately $6,611,306.52. This trade represents a 7.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have bought 37,380 shares of company stock valued at $3,632,719 and have sold 53,177 shares valued at $17,122,166. 8.46% of the stock is owned by insiders.

Strategy Price Performance

Strategy stock opened at $171.42 on Tuesday. The business has a 50 day simple moving average of $265.07 and a 200 day simple moving average of $338.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $49.26 billion, a PE ratio of 15.09 and a beta of 3.87. Strategy Inc has a one year low of $155.61 and a one year high of $457.22.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $8.52. The firm had revenue of $128.69 million for the quarter, compared to analysts’ expectations of $116.65 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The business’s revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business posted ($1.56) 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.