Prime Capital Investment Advisors LLC Sells 217 Shares of Strategy Inc $MSTR

Prime Capital Investment Advisors LLC decreased its stake in shares of Strategy Inc (NASDAQ:MSTR) by 5.2% during the second quarter, Holdings Channel reports. The firm owned 3,921 shares of the software maker’s stock after selling 217 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Strategy were worth $1,585,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MSTR. First United Bank & Trust bought a new position in Strategy during the first quarter valued at approximately $29,000. MCF Advisors LLC bought a new position in Strategy during the second quarter valued at approximately $35,000. Maseco LLP bought a new position in Strategy during the second quarter valued at approximately $36,000. Hexagon Capital Partners LLC lifted its position 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 purchasing an additional 155 shares during the period. Finally, SJS Investment Consulting Inc. raised its position in Strategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock worth $47,000 after acquiring an additional 24 shares during the period. Institutional investors own 59.84% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on MSTR. Canaccord Genuity Group reiterated a “buy” rating and issued a $464.00 price target on shares of Strategy in a research report on Tuesday, August 26th. Benchmark reiterated a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. BTIG Research increased their price target on shares of Strategy from $620.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Mizuho increased their price target on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. Finally, TD Cowen decreased their price target on shares of Strategy from $640.00 to $620.00 and set a “buy” rating on the stock in a research report 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $509.54.

Insider Activity at Strategy

In related news, CFO Andrew Kang sold 18,750 shares of the firm’s stock in a transaction on 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 directly owned 24,460 shares of the company’s stock, valued at approximately $9,661,700. This trade represents a 43.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gregg Winiarski bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 8th. The shares were bought at an average cost of $97.65 per share, with a total value of $976,500.00. Following the completion of the purchase, the director directly owned 10,000 shares of the company’s stock, valued at $976,500. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 265,474 shares of company stock valued at $24,056,259 and sold 99,650 shares valued at $41,427,476. Insiders own 8.46% of the company’s stock.

Strategy Stock Up 0.7%

Shares of MSTR stock opened at $330.80 on Thursday. The company has a market capitalization of $93.80 billion, a price-to-earnings ratio of 29.12 and a beta of 3.83. Strategy Inc has a one year low of $178.00 and a one year high of $543.00. The company’s fifty day moving average price is $347.86 and its 200-day moving average price is $362.95. 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 (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 the consensus estimate of $112.68 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The company’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm earned ($5.74) 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.