Strategy Inc $MSTR Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its holdings in Strategy Inc (NASDAQ:MSTR) by 2.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,461 shares of the software maker’s stock after acquiring an additional 556 shares during the period. Janney Montgomery Scott LLC’s holdings in Strategy were worth $11,505,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nicholson Meyer Capital Management Inc. bought a new stake in shares of Strategy during the second quarter valued at about $263,000. Smith Anglin Financial LLC boosted its stake in Strategy by 1.2% in the 2nd quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock worth $1,025,000 after purchasing an additional 30 shares during the period. Moss Adams Wealth Advisors LLC purchased a new stake in Strategy in the 2nd quarter worth about $230,000. V Square Quantitative Management LLC purchased a new stake in Strategy in the 2nd quarter worth approximately $51,000. Finally, San Luis Wealth Advisors LLC increased its position in Strategy by 86.1% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 2,678 shares of the software maker’s stock worth $1,083,000 after purchasing an additional 1,239 shares during the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

Strategy Price Performance

MSTR stock opened at $351.63 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The business has a 50-day simple moving average of $351.36 and a two-hundred day simple moving average of $362.20. Strategy Inc has a 52-week low of $163.97 and a 52-week high of $543.00. The company has a market capitalization of $99.70 billion, a P/E ratio of 30.95 and a beta of 3.83.

Strategy (NASDAQ:MSTR) last posted its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $32.72. The firm 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%. The business’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior 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 related news, CFO Andrew Kang sold 18,750 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the completion of the transaction, the chief financial officer owned 24,460 shares in the company, valued at approximately $9,661,700. This represents a 43.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Wei-Ming Shao sold 32,500 shares of the company’s stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $401.47, for a total value of $13,047,775.00. Following the completion of the transaction, the executive vice president owned 12,726 shares in the company, valued at approximately $5,109,107.22. The trade was a 71.86% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders bought 265,474 shares of company stock worth $24,056,259 and sold 152,150 shares worth $62,847,251. Corporate insiders own 8.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Cowen restated a “buy” rating on shares of Strategy in a report on Wednesday, August 13th. Benchmark reiterated a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $54.00 price objective (down from $65.00) on shares of Strategy in a research report on Tuesday. Monness Crespi & Hardt upped their target price on shares of Strategy from $175.00 to $200.00 and gave the company a “sell” rating in a research note on Tuesday, July 15th. Finally, Mizuho lifted 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. One research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock 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.