Strategy Inc $MSTR Shares Purchased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. increased its position in shares of Strategy Inc (NASDAQ:MSTR) by 6.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,436 shares of the software maker’s stock after buying an additional 3,361 shares during the period. Daiwa Securities Group Inc.’s holdings in Strategy were worth $22,319,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSTR. MCF Advisors LLC purchased a new stake in shares of Strategy during the 2nd quarter worth about $35,000. Maseco LLP purchased a new position in shares of Strategy in the 2nd quarter valued at about $36,000. SJS Investment Consulting Inc. raised its holdings 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 purchasing an additional 24 shares during the period. E Fund Management Hong Kong Co. Ltd. boosted its position in Strategy by 57.3% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock worth $48,000 after purchasing an additional 43 shares in the last quarter. Finally, AlphaQuest LLC grew its holdings in Strategy by 454.5% in the second quarter. AlphaQuest LLC now owns 122 shares of the software maker’s stock valued at $49,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Strategy Stock Up 2.9%

MSTR stock opened at $188.99 on Wednesday. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average of $249.02 and a two-hundred day moving average of $329.33. Strategy Inc has a 12 month low of $155.61 and a 12 month high of $457.22. The company has a market cap of $54.31 billion, a price-to-earnings ratio of 8.79 and a beta of 3.40.

Strategy (NASDAQ:MSTR) last issued its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $8.52. The business had revenue of $128.69 million for the quarter, compared to analysts’ expectations of $116.65 million. Strategy had a return on equity of 20.98% and a net margin of 1,667.09%.The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analysts Set New Price Targets

A number of research firms have recently commented on MSTR. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a research report on Friday. BTIG Research cut their price target on shares of Strategy from $700.00 to $630.00 and set a “buy” rating for the company in a report on Friday, October 31st. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $54.00 price objective (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. Benchmark reiterated a “buy” rating on shares of Strategy in a research report on Monday, December 1st. Finally, TD Cowen cut their target price on shares of Strategy from $620.00 to $535.00 and set a “buy” rating for the company in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Strategy has a consensus rating of “Moderate Buy” and a consensus target price of $475.80.

Insider Buying and Selling at Strategy

In other news, Director Jarrod M. Patten purchased 12,000 shares of the stock in a transaction dated Friday, October 17th. The shares were purchased at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the transaction, the director owned 29,335 shares in the company, valued at $2,841,974.80. The trade was a 69.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Wei-Ming Shao sold 2,600 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $202.02, for a total transaction of $525,252.00. Following the sale, the executive vice president owned 32,726 shares of the company’s stock, valued at approximately $6,611,306.52. The trade was a 7.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders purchased 37,380 shares of company stock worth $3,632,719 and sold 53,177 shares worth $17,122,166. 8.46% of the stock is owned by company 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.