Sage Mountain Advisors LLC Has $1.30 Million Stock Holdings in Strategy Inc $MSTR

Sage Mountain Advisors LLC increased its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 84.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,207 shares of the software maker’s stock after buying an additional 1,465 shares during the period. Sage Mountain Advisors LLC’s holdings in Strategy were worth $1,296,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. AlphaQuest LLC boosted its position in Strategy by 454.5% during the 2nd quarter. AlphaQuest LLC now owns 122 shares of the software maker’s stock worth $49,000 after buying an additional 100 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in Strategy by 11.3% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 588,538 shares of the software maker’s stock worth $237,905,000 after buying an additional 59,688 shares during the period. West Michigan Advisors LLC boosted its position in Strategy by 26.3% during the 2nd quarter. West Michigan Advisors LLC now owns 1,018 shares of the software maker’s stock worth $412,000 after buying an additional 212 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Strategy during the 2nd quarter worth approximately $3,863,000. Finally, Asset Management One Co. Ltd. boosted its position in Strategy by 13.6% during the 2nd quarter. Asset Management One Co. Ltd. now owns 100,482 shares of the software maker’s stock worth $40,618,000 after buying an additional 12,054 shares during the period. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on MSTR. China Renaissance began coverage on shares of Strategy in a research report on Wednesday, October 15th. They set a “buy” rating and a $473.00 target price on the stock. Monness Crespi & Hardt raised their price target on shares of Strategy from $175.00 to $200.00 and gave the stock a “sell” rating in a report on Tuesday, July 15th. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a research report on Wednesday, August 13th. Mizuho boosted their price target on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. Finally, Citigroup started coverage on shares of Strategy in a research report on Tuesday. They issued a “buy” rating and a $485.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Strategy currently has an average rating of “Moderate Buy” and a consensus price target of $505.47.

Strategy Stock Performance

NASDAQ:MSTR opened at $289.08 on Friday. The company has a fifty day moving average of $326.41 and a 200-day moving average of $362.64. The firm has a market capitalization of $81.97 billion, a P/E ratio of 25.45 and a beta of 3.83. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. Strategy Inc has a twelve month low of $220.82 and a twelve month high of $543.00.

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

Insider Buying and Selling

In other news, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total value of $10,721,100.00. Following the completion of the sale, the executive vice president owned 12,726 shares in the company, valued at $4,547,890.62. The trade was a 70.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Gregg Winiarski purchased 10,000 shares of the firm’s stock in a transaction on Friday, August 8th. The shares were acquired at an average price of $97.65 per share, with a total value of $976,500.00. Following the purchase, the director directly owned 10,000 shares in the company, valued at $976,500. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 289,254 shares of company stock worth $26,372,670 and have sold 65,000 shares worth $24,099,750. 8.46% of the stock is owned by 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.