Blair William & Co. IL Increases Stock Holdings in Strategy Inc $MSTR

Blair William & Co. IL grew its holdings in Strategy Inc (NASDAQ:MSTR) by 20.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,096 shares of the software maker’s stock after buying an additional 3,245 shares during the quarter. Blair William & Co. IL’s holdings in Strategy were worth $7,719,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Yousif Capital Management LLC raised its holdings in 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 during the last quarter. GAMMA Investing LLC grew its position in shares of Strategy by 47.7% in the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock valued at $239,000 after purchasing an additional 268 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Strategy by 3.3% in the first quarter. Janney Montgomery Scott LLC now owns 27,905 shares of the software maker’s stock valued at $8,044,000 after purchasing an additional 881 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of Strategy in the first quarter valued at $854,000. Finally, EQ Wealth Advisors LLC purchased a new stake in Strategy during the first quarter valued at about $88,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Strategy news, Director Gregg Winiarski bought 10,000 shares of the stock in a transaction on Friday, August 8th. The stock was purchased at an average price of $97.65 per share, with a total value of $976,500.00. Following the acquisition, the director owned 10,000 shares of the company’s stock, valued at approximately $976,500. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jane A. Dietze purchased 1,500 shares of the firm’s stock in a transaction dated Tuesday, July 29th. The stock was purchased at an average cost of $90.00 per share, with a total value of $135,000.00. Following the acquisition, the director directly owned 1,500 shares in the company, valued at $135,000. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 265,474 shares of company stock valued at $24,056,259 and have sold 75,900 shares valued at $28,992,651. 8.46% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on MSTR. Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research note on Wednesday. Cantor Fitzgerald reiterated an “overweight” rating on shares of Strategy in a research note on Wednesday, August 13th. Canaccord Genuity Group restated a “buy” rating and set a $464.00 price objective on shares of Strategy in a research note on Tuesday, August 26th. Cowen reaffirmed a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. Finally, Monness Crespi & Hardt upped their target price on Strategy from $175.00 to $200.00 and gave the company a “sell” rating in a report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $509.54.

Strategy Trading Down 4.8%

NASDAQ MSTR opened at $304.79 on Friday. Strategy Inc has a 1-year low of $185.81 and a 1-year high of $543.00. 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 company has a market capitalization of $86.42 billion, a PE ratio of 26.83 and a beta of 3.83. The firm’s fifty day simple moving average is $345.00 and its 200-day simple moving average is $362.81.

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

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.