Joel Isaacson & Co. LLC Raises Holdings in Strategy Inc $MSTR

Joel Isaacson & Co. LLC grew its position in shares of Strategy Inc (NASDAQ:MSTR) by 12.4% during the second quarter, Holdings Channel reports. The institutional investor owned 907 shares of the software maker’s stock after purchasing an additional 100 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in Strategy were worth $367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Fiduciary Alliance LLC lifted its holdings in Strategy by 28.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock worth $18,157,000 after purchasing an additional 9,937 shares in the last quarter. Swedbank AB purchased a new stake in Strategy during the 1st quarter worth about $17,352,000. GAMMA Investing LLC lifted its holdings in Strategy by 47.7% during the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after purchasing an additional 268 shares in the last quarter. Yousif Capital Management LLC lifted its holdings in Strategy by 42.9% during the 1st quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker’s stock worth $839,000 after purchasing an additional 873 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in Strategy during the 1st quarter worth about $13,795,000. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MSTR. BTIG Research increased their price objective on Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Mizuho upped their target price on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research note on Monday, August 11th. Cowen restated a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research note on Saturday, September 27th. Finally, TD Cowen decreased their target price on Strategy from $640.00 to $620.00 and set a “buy” rating on the stock in a research note on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $509.54.

Insider Activity at Strategy

In related news, Director Peter L. Briger, Jr. bought 220,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The stock was bought at an average cost of $90.00 per share, for a total transaction of $19,800,000.00. Following the acquisition, the director directly owned 220,000 shares of the company’s stock, valued at $19,800,000. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Wei-Ming Shao sold 10,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $355.79, for a total value of $3,557,900.00. Following the sale, the executive vice president owned 12,726 shares of the company’s stock, valued at $4,527,783.54. This represents a 44.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders bought 265,474 shares of company stock worth $24,056,259 and sold 119,650 shares worth $49,799,476. 8.46% of the stock is owned by insiders.

Strategy Price Performance

Shares of Strategy stock opened at $328.40 on Wednesday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $93.12 billion, a PE ratio of 28.91 and a beta of 3.83. The business’s 50-day moving average price is $349.15 and its 200-day moving average price is $363.17. Strategy Inc has a 12 month low of $178.00 and a 12 month high of $543.00.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 EPS for the quarter, beating the consensus estimate of ($0.12) by $32.72. The firm had revenue of $114.49 million for the quarter, compared to analyst estimates of $112.68 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company earned ($5.74) EPS. 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.