Signal Advisors Wealth LLC Acquires 2,696 Shares of Strategy Inc $MSTR

Signal Advisors Wealth LLC raised its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 75.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 6,281 shares of the software maker’s stock after purchasing an additional 2,696 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Strategy were worth $2,539,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Sovran Advisors LLC raised its position in shares of Strategy by 16.6% during the 2nd quarter. Sovran Advisors LLC now owns 10,130 shares of the software maker’s stock valued at $4,021,000 after acquiring an additional 1,443 shares during the last quarter. Hummer Financial Advisory Services Inc acquired a new position in shares of Strategy in the 2nd quarter valued at $243,000. Aaron Wealth Advisors LLC acquired a new position in shares of Strategy in the 2nd quarter valued at $451,000. Fiduciary Alliance LLC grew its holdings in shares of Strategy by 28.4% in the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock valued at $18,157,000 after buying an additional 9,937 shares during the period. Finally, Pacific Capital Wealth Advisors Inc. grew its holdings in shares of Strategy by 1.3% in the 2nd quarter. Pacific Capital Wealth Advisors Inc. now owns 29,089 shares of the software maker’s stock valued at $11,510,000 after buying an additional 368 shares during the period. Institutional investors own 59.84% of the company’s stock.

Strategy Stock Performance

NASDAQ MSTR opened at $329.71 on Thursday. 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 firm has a market capitalization of $93.49 billion, a price-to-earnings ratio of 29.02 and a beta of 3.82. The firm’s 50 day simple moving average is $375.04 and its 200 day simple moving average is $357.68. Strategy Inc has a 1 year low of $128.51 and a 1 year high of $543.00.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 EPS for the quarter, beating the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Cantor Fitzgerald reissued an “overweight” rating on shares of Strategy in a report on Wednesday, August 13th. BTIG Research upped their target price on shares of Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $464.00 target price on shares of Strategy in a research note on Tuesday, August 26th. Monness Crespi & Hardt upped their target price on shares of Strategy from $175.00 to $200.00 and gave the stock a “sell” rating in a research note on Tuesday, July 15th. Finally, Mizuho upped their target price on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research note on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $547.50.

Insiders Place Their Bets

In related news, CAO Jeanine Montgomery sold 43,750 shares of Strategy stock in a transaction on Friday, July 11th. The shares were sold at an average price of $430.54, for a total transaction of $18,836,125.00. Following the completion of the transaction, the chief accounting officer owned 8,606 shares of the company’s stock, valued at $3,705,227.24. This trade represents a 83.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gregg Winiarski bought 10,000 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average cost of $97.65 per share, with a total value of $976,500.00. Following the purchase, the director directly owned 10,000 shares of the company’s stock, valued at $976,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 265,474 shares of company stock worth $24,056,259 and have sold 142,150 shares worth $59,289,351. 8.46% of the stock is currently owned by company insiders.

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.