Strategy Inc $MSTR Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 20.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,073 shares of the software maker’s stock after purchasing an additional 10,185 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Strategy were worth $24,688,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Fiduciary Alliance LLC increased its position in shares of Strategy by 28.4% during the second quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock worth $18,157,000 after purchasing an additional 9,937 shares in the last quarter. Swedbank AB acquired a new position in shares of Strategy during the first quarter worth $17,352,000. GAMMA Investing LLC increased its position in shares of Strategy by 47.7% during the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after purchasing an additional 268 shares in the last quarter. Yousif Capital Management LLC increased its position in shares of Strategy by 42.9% during the first quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker’s stock worth $839,000 after purchasing an additional 873 shares in the last quarter. Finally, NBC Securities Inc. acquired a new position in shares of Strategy during the first quarter worth $236,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Strategy Price Performance

Shares of MSTR opened at $351.63 on Friday. The business’s 50-day moving average is $351.36 and its two-hundred day moving average is $362.20. The company has a market capitalization of $99.70 billion, a P/E ratio of 30.95 and a beta of 3.83. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. Strategy Inc has a fifty-two week low of $163.97 and a fifty-two week high of $543.00.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, topping the consensus estimate of ($0.12) by $32.72. The company had revenue of $114.49 million for the quarter, compared to the consensus estimate of $112.68 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity at Strategy

In other Strategy news, CFO Andrew Kang sold 18,750 shares of the stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the sale, the chief financial officer directly owned 24,460 shares of the company’s stock, valued at approximately $9,661,700. This trade represents a 43.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gregg Winiarski purchased 10,000 shares of the business’s stock in a transaction on Friday, August 8th. The shares were bought at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the transaction, the director directly owned 10,000 shares in the company, valued at $976,500. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders acquired 265,474 shares of company stock worth $24,056,259 and sold 152,150 shares worth $62,847,251. 8.46% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MSTR has been the topic of several research reports. TD Cowen cut their target price on Strategy from $640.00 to $620.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Canaccord Genuity Group reissued a “buy” rating and issued a $464.00 target price on shares of Strategy in a research report on Tuesday, August 26th. Mizuho upped their target price on Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. Monness Crespi & Hardt upped their target price on Strategy from $175.00 to $200.00 and gave the company a “sell” rating in a research report on Tuesday, July 15th. Finally, Benchmark reissued a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Strategy has a consensus rating of “Moderate Buy” and an average price target of $509.54.

About Strategy

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.