Strategy Inc $MSTR is Accuvest Global Advisors’ Largest Position

Accuvest Global Advisors decreased its stake in shares of Strategy Inc (NASDAQ:MSTR) by 15.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,795 shares of the software maker’s stock after selling 13,027 shares during the quarter. Strategy comprises about 18.9% of Accuvest Global Advisors’ investment portfolio, making the stock its biggest holding. Accuvest Global Advisors’ holdings in Strategy were worth $29,022,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in MSTR. MCF Advisors LLC purchased a new position in Strategy during the second quarter valued at $35,000. Maseco LLP purchased a new position in Strategy during the second quarter valued at $36,000. Hexagon Capital Partners LLC raised its stake in Strategy by 7,750.0% during the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker’s stock valued at $45,000 after buying an additional 155 shares during the last quarter. SJS Investment Consulting Inc. raised its stake in Strategy by 25.8% during the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after buying an additional 24 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. raised its stake in Strategy by 57.3% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock valued at $48,000 after buying an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Insider Transactions at Strategy

In related news, CFO Andrew Kang sold 18,750 shares of Strategy stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $395.00, for a total value of $7,406,250.00. Following the completion of the sale, the chief financial officer owned 24,460 shares of the company’s stock, valued at $9,661,700. The trade was a 43.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction on Tuesday, October 7th. The stock was 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 directly owned 12,726 shares of the company’s stock, valued at $4,547,890.62. The trade was a 70.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders purchased 46,399 shares of company stock worth $4,515,720 and sold 65,000 shares worth $24,099,750. Company insiders own 8.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research report on Wednesday, October 8th. Cowen reaffirmed a “buy” rating on shares of Strategy in a research report on Friday. Mizuho upped their price objective on Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. TD Cowen lowered their price objective on Strategy from $620.00 to $535.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Monness Crespi & Hardt set a $175.00 price objective on Strategy and gave the company a “sell” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $485.47.

Strategy Stock Performance

Shares of MSTR opened at $269.77 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. Strategy Inc has a one year low of $220.82 and a one year high of $543.00. The firm has a market capitalization of $76.49 billion, a P/E ratio of 23.75 and a beta of 3.83. The business has a fifty day moving average of $319.21 and a 200 day moving average of $363.19.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, topping the consensus estimate of ($0.11) by $8.53. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company had revenue of $128.69 million during the quarter, compared to analyst estimates of $116.76 million. During the same quarter in the previous year, the company posted ($1.56) earnings per share. Strategy’s revenue was up 10.9% compared to the same quarter last year. 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.