Strategy Inc $MSTR Stock Position Trimmed by Claro Advisors LLC

Claro Advisors LLC cut its position in Strategy Inc (NASDAQ:MSTR) by 48.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,044 shares of the software maker’s stock after selling 1,931 shares during the quarter. Claro Advisors LLC’s holdings in Strategy were worth $826,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Huntington National Bank lifted its position in Strategy by 528.6% in the 2nd quarter. Huntington National Bank now owns 836 shares of the software maker’s stock valued at $338,000 after purchasing an additional 703 shares during the last quarter. Bridgewater Advisors Inc. acquired a new position in Strategy during the 2nd quarter valued at about $212,000. Westside Investment Management Inc. increased its stake in Strategy by 19.9% during the 2nd quarter. Westside Investment Management Inc. now owns 247 shares of the software maker’s stock valued at $99,000 after buying an additional 41 shares during the period. X Square Capital LLC increased its stake in Strategy by 70.0% during the 2nd quarter. X Square Capital LLC now owns 25,257 shares of the software maker’s stock valued at $10,210,000 after buying an additional 10,400 shares during the period. Finally, EPG Wealth Management LLC acquired a new position in Strategy during the 2nd quarter valued at about $219,000. 59.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MSTR has been the topic of several research analyst reports. Citigroup initiated coverage on shares of Strategy in a research note on Tuesday, October 21st. They set a “buy” rating and a $485.00 target price on the stock. China Renaissance initiated coverage on shares of Strategy in a research note on Wednesday, October 15th. They set a “buy” rating and a $473.00 target price on the stock. Cowen reissued a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Cantor Fitzgerald lowered their target price on shares of Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Strategy in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Strategy presently has a consensus rating of “Moderate Buy” and an average price target of $485.80.

Strategy Stock Performance

Shares of MSTR opened at $255.00 on Thursday. The firm’s 50 day moving average is $313.81 and its 200-day moving average is $361.94. The stock has a market capitalization of $72.31 billion, a P/E ratio of 22.45 and a beta of 3.87. 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 Inc has a 12-month low of $231.51 and a 12-month high of $543.00.

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

Insider Transactions at Strategy

In other Strategy news, Director Gregg Winiarski acquired 10,000 shares of the stock in a transaction dated Friday, August 8th. The shares were bought at an average price of $97.65 per share, with a total value of $976,500.00. Following the purchase, the director directly owned 10,000 shares of the company’s stock, valued at approximately $976,500. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jarrod M. Patten bought 12,000 shares of the company’s stock in a transaction dated Friday, October 17th. The stock was purchased at an average cost of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the transaction, the director owned 29,335 shares of the company’s stock, valued at $2,841,974.80. This represents a 69.22% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 46,399 shares of company stock valued at $4,515,720 in the last quarter. Insiders own 8.46% of the company’s stock.

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.