Joel Isaacson & Co. LLC Purchases 100 Shares of Strategy Inc $MSTR

Joel Isaacson & Co. LLC grew its position in shares of Strategy Inc (NASDAQ:MSTR) by 12.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 907 shares of the software maker’s stock after acquiring an additional 100 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in Strategy were worth $367,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of MSTR. Yousif Capital Management LLC increased its holdings 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 valued at $839,000 after acquiring an additional 873 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Strategy by 47.7% during the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock valued at $239,000 after acquiring an additional 268 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in shares of Strategy by 4.2% during the first quarter. Handelsbanken Fonder AB now owns 50,060 shares of the software maker’s stock valued at $14,431,000 after acquiring an additional 2,000 shares in the last quarter. First United Bank & Trust bought a new stake in shares of Strategy during the first quarter valued at approximately $29,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Strategy by 3.3% during the first quarter. Janney Montgomery Scott LLC now owns 27,905 shares of the software maker’s stock valued at $8,044,000 after acquiring an additional 881 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Wei-Ming Shao sold 20,000 shares of the company’s stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $418.60, for a total transaction of $8,372,000.00. Following the transaction, the executive vice president owned 12,726 shares of the company’s stock, valued at $5,327,103.60. This represents a 61.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the company’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $395.00, for a total value of $7,406,250.00. Following the transaction, the chief financial officer directly owned 24,460 shares in the company, valued at $9,661,700. This represents a 43.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 265,474 shares of company stock valued at $24,056,259 and have sold 119,650 shares valued at $49,799,476. Company insiders own 8.46% of the company’s stock.

Strategy Stock Down 8.7%

MSTR stock opened at $328.40 on Wednesday. The stock’s fifty day simple moving average is $349.15 and its two-hundred day simple moving average is $363.17. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. Strategy Inc has a 1-year low of $178.00 and a 1-year high of $543.00. The stock has a market cap of $93.12 billion, a P/E ratio of 28.91 and a beta of 3.83.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data 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. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The business had revenue of $114.49 million for the quarter, compared to analysts’ expectations of $112.68 million. During the same quarter in the previous year, the firm earned ($5.74) earnings per share. The business’s revenue was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analysts Set New Price Targets

MSTR has been the subject of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a report on Saturday, September 27th. Mizuho upped their price target on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a report on Monday, August 11th. TD Cowen decreased their price target on Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. Benchmark reiterated a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. Finally, BTIG Research upped their price target on Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Strategy currently has an average rating of “Moderate Buy” and a consensus target price of $509.54.

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.