C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases 931 Shares of Strategy Inc $MSTR

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of Strategy Inc (NASDAQ:MSTR) by 55.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,618 shares of the software maker’s stock after buying an additional 931 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Strategy were worth $1,058,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of MSTR. SJS Investment Consulting Inc. grew its position in Strategy by 25.8% during the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after acquiring an additional 24 shares during the last quarter. Mutual Advisors LLC boosted its stake in shares of Strategy by 2.0% in the 2nd quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker’s stock valued at $548,000 after purchasing an additional 27 shares in the last quarter. Smith Anglin Financial LLC grew its holdings in shares of Strategy by 1.2% during the 2nd quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock valued at $1,025,000 after purchasing an additional 30 shares during the last quarter. Magnus Financial Group LLC raised its position in Strategy by 0.9% in the 2nd quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker’s stock worth $1,479,000 after purchasing an additional 32 shares during the period. Finally, Beacon Capital Management LLC raised its position in Strategy by 0.8% in the 2nd quarter. Beacon Capital Management LLC now owns 5,176 shares of the software maker’s stock worth $2,092,000 after purchasing an additional 39 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on MSTR. Benchmark restated a “buy” rating on shares of Strategy in a research report on Friday. Wells Fargo & Company reissued an “equal weight” rating and issued a $54.00 target price (down previously from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Mizuho increased 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. BTIG Research decreased their price target on Strategy from $700.00 to $630.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Cantor Fitzgerald lowered their price objective on Strategy from $697.00 to $560.00 and set an “overweight” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have given a Hold rating and one has given 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 price target of $485.47.

Strategy Stock Performance

Strategy stock opened at $269.77 on Friday. 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 cap of $76.49 billion, a P/E ratio of 23.75 and a beta of 3.83. Strategy Inc has a 1-year low of $220.82 and a 1-year high of $543.00. The firm has a 50-day moving average of $319.21 and a 200-day moving average of $363.19.

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

Insiders Place Their Bets

In related news, Director Gregg Winiarski purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 8th. The shares were acquired at an average price of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the acquisition, the director directly owned 10,000 shares in the company, valued at approximately $976,500. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Andrew Kang sold 18,750 shares of the company’s stock in a transaction on Thursday, August 7th. The stock was 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 of the company’s stock, valued at $9,661,700. This trade represents a 43.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders bought 46,399 shares of company stock valued at $4,515,720 and sold 65,000 shares valued at $24,099,750. Company 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.