Strategy Inc $MSTR Shares Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. increased its position in Strategy Inc (NASDAQ:MSTR) by 199.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,758 shares of the software maker’s stock after purchasing an additional 3,168 shares during the quarter. Edgestream Partners L.P.’s holdings in Strategy were worth $1,923,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSTR. Shelton Capital Management lifted its holdings in Strategy by 9.2% in the 2nd quarter. Shelton Capital Management now owns 28,873 shares of the software maker’s stock worth $11,671,000 after buying an additional 2,431 shares in the last quarter. Sepio Capital LP increased its position in shares of Strategy by 24.4% during the second quarter. Sepio Capital LP now owns 7,282 shares of the software maker’s stock worth $2,944,000 after acquiring an additional 1,426 shares during the last quarter. VestGen Advisors LLC lifted its stake in shares of Strategy by 54.9% in the second quarter. VestGen Advisors LLC now owns 6,785 shares of the software maker’s stock worth $2,743,000 after acquiring an additional 2,405 shares in the last quarter. Bernardo Wealth Planning LLC boosted its holdings in Strategy by 3.9% in the second quarter. Bernardo Wealth Planning LLC now owns 772 shares of the software maker’s stock valued at $312,000 after purchasing an additional 29 shares during the last quarter. Finally, Pursue Wealth Partners LLC purchased a new position in Strategy in the second quarter valued at about $562,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Mizuho lifted their price objective on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a report on Monday, August 11th. Cowen reissued a “buy” rating on shares of Strategy in a research report on Friday, October 31st. Monness Crespi & Hardt upgraded shares of Strategy from a “sell” rating to a “neutral” rating in a research note on Monday, November 10th. HC Wainwright reduced their price objective on shares of Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a research note on Monday, November 3rd. Finally, Wells Fargo & Company reissued an “equal weight” rating and set a $54.00 price objective (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $485.80.

Strategy Stock Performance

MSTR stock opened at $178.99 on Friday. The stock’s 50 day simple moving average is $254.55 and its 200 day simple moving average is $333.20. Strategy Inc has a 12-month low of $155.61 and a 12-month high of $457.22. The firm has a market cap of $51.43 billion, a P/E ratio of 8.33 and a beta of 3.40. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.16.

Strategy (NASDAQ:MSTR) last released its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $8.52. The firm had revenue of $128.69 million during the quarter, compared to analyst estimates of $116.65 million. Strategy had a net margin of 1,667.09% and a return on equity of 20.98%. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($1.56) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity at Strategy

In related news, EVP Wei-Ming Shao sold 2,600 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total transaction of $525,252.00. Following the sale, the executive vice president owned 32,726 shares in the company, valued at $6,611,306.52. This represents a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jane A. Dietze bought 1,100 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was bought at an average price of $95.28 per share, with a total value of $104,808.00. Following the completion of the purchase, the director owned 2,600 shares of the company’s stock, valued at $247,728. This trade represents a 73.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 37,380 shares of company stock valued at $3,632,719 and sold 53,177 shares valued at $17,122,166. Insiders own 8.46% of the company’s stock.

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.