AE Wealth Management LLC Raises Stake in Strategy Inc $MSTR

AE Wealth Management LLC raised its position in Strategy Inc (NASDAQ:MSTR) by 10.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,202 shares of the software maker’s stock after purchasing an additional 1,125 shares during the period. AE Wealth Management LLC’s holdings in Strategy were worth $4,933,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Resona Asset Management Co. Ltd. increased its holdings in shares of Strategy by 13.6% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 77,914 shares of the software maker’s stock valued at $31,298,000 after acquiring an additional 9,338 shares during the last quarter. Tradewinds LLC. purchased a new stake in Strategy during the second quarter worth approximately $556,000. Fiduciary Alliance LLC boosted its holdings in Strategy by 28.4% in the second quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock valued at $18,157,000 after purchasing an additional 9,937 shares in the last quarter. D.A. Davidson & CO. increased its stake in Strategy by 71.4% in the second quarter. D.A. Davidson & CO. now owns 2,223 shares of the software maker’s stock valued at $899,000 after purchasing an additional 926 shares during the last quarter. Finally, Achmea Investment Management B.V. raised its holdings in Strategy by 1,867.3% during the second quarter. Achmea Investment Management B.V. now owns 17,725 shares of the software maker’s stock worth $7,165,000 after purchasing an additional 16,824 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Strategy

In other news, EVP Wei-Ming Shao sold 30,000 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president owned 12,726 shares of the company’s stock, valued at approximately $4,547,890.62. The trade was a 70.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jarrod M. Patten purchased 12,000 shares of the business’s stock in a transaction dated Friday, October 17th. The shares were bought at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the purchase, the director directly owned 29,335 shares of the company’s stock, valued at approximately $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 36,399 shares of company stock worth $3,539,220 over the last quarter. Company insiders own 8.46% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on MSTR. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $54.00 target price (down from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Canaccord Genuity Group upped their price objective on shares of Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Cowen reiterated a “buy” rating on shares of Strategy in a research report on Friday, October 31st. Cantor Fitzgerald reduced their target price on Strategy from $697.00 to $560.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Finally, Mizuho boosted their target price on Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Strategy presently has a consensus rating of “Moderate Buy” and an average price target of $485.80.

Strategy Price Performance

Shares of NASDAQ:MSTR opened at $241.93 on Monday. Strategy Inc has a one year low of $219.68 and a one year high of $543.00. The stock has a market capitalization of $68.60 billion, a price-to-earnings ratio of 21.30 and a beta of 3.87. The company has a 50-day simple moving average of $309.93 and a 200-day simple moving average of $360.77. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $8.53. The firm had revenue of $128.69 million for the quarter, compared to analysts’ expectations of $116.76 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Strategy Company 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.