Ethos Financial Group LLC Has $1.03 Million Stock Position in Strategy Inc $MSTR

Ethos Financial Group LLC cut its holdings in Strategy Inc (NASDAQ:MSTR) by 19.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,536 shares of the software maker’s stock after selling 621 shares during the quarter. Ethos Financial Group LLC’s holdings in Strategy were worth $1,025,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. MCF Advisors LLC bought a new stake in shares of Strategy in the 2nd quarter valued at $35,000. Maseco LLP bought a new position in Strategy during the second quarter worth $36,000. SJS Investment Consulting Inc. grew its holdings 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 purchasing an additional 24 shares during the period. E Fund Management Hong Kong Co. Ltd. increased its stake in Strategy by 57.3% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 118 shares of the software maker’s stock valued at $48,000 after purchasing an additional 43 shares in the last quarter. Finally, AlphaQuest LLC raised its holdings in shares of Strategy by 454.5% during the second quarter. AlphaQuest LLC now owns 122 shares of the software maker’s stock valued at $49,000 after purchasing an additional 100 shares during the period. 59.84% of the stock is currently owned by institutional investors.

Strategy Stock Down 7.0%

MSTR stock opened at $237.20 on Friday. The firm has a market capitalization of $67.26 billion, a PE ratio of 20.88 and a beta of 3.87. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. Strategy Inc has a twelve month low of $231.51 and a twelve month high of $543.00. The stock’s 50 day moving average is $311.78 and its 200-day moving average is $361.07.

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 period in the prior year, the firm 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.

Analysts Set New Price Targets

Several analysts have recently commented on the company. HC Wainwright reduced their target price on Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a research note on Monday. Citigroup started coverage on Strategy in a report on Tuesday, October 21st. They issued a “buy” rating and a $485.00 price target on the stock. Wells Fargo & Company restated an “equal weight” rating and set a $54.00 price objective (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. TD Cowen cut their target price on Strategy from $620.00 to $535.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Finally, Cowen reissued a “buy” rating on shares of Strategy in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given 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 an average rating of “Moderate Buy” and a consensus target price of $485.80.

Insider Transactions at Strategy

In other Strategy news, EVP Wei-Ming Shao sold 30,000 shares of the stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total value of $10,721,100.00. Following the completion of the sale, the executive vice president owned 12,726 shares in the company, valued at approximately $4,547,890.62. This trade represents a 70.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jarrod M. Patten bought 12,000 shares of the business’s stock in a transaction dated Friday, October 17th. The stock was acquired at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the purchase, the director directly owned 29,335 shares in the company, valued at approximately $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 36,399 shares of company stock worth $3,539,220 over the last three months. 8.46% of the stock is owned by insiders.

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.