Centurion Wealth Management LLC Takes Position in Strategy Inc $MSTR

Centurion Wealth Management LLC bought a new position in Strategy Inc (NASDAQ:MSTR - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,615 shares of the software maker's stock, valued at approximately $653,000.

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Several other institutional investors have also recently bought and sold shares of MSTR. Safe Harbor Fiduciary LLC raised its holdings in Strategy by 820.0% in the 4th quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker's stock worth $27,000 after acquiring an additional 82 shares during the period. First United Bank & Trust bought a new position in Strategy in the 1st quarter worth $29,000. Siemens Fonds Invest GmbH raised its holdings in Strategy by 6,992.7% in the 4th quarter. Siemens Fonds Invest GmbH now owns 119,654 shares of the software maker's stock worth $33,000 after acquiring an additional 117,967 shares during the period. Hexagon Capital Partners LLC raised its holdings in Strategy by 7,750.0% in the 1st quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker's stock worth $45,000 after acquiring an additional 155 shares during the period. Finally, Vermillion Wealth Management Inc. bought a new position in Strategy in the 4th quarter worth $54,000. Institutional investors own 59.84% of the company's stock.

Insider Buying and Selling at Strategy

In other news, EVP Wei-Ming Shao bought 2,500 shares of the stock in a transaction on Tuesday, July 29th. The stock was purchased at an average price of $90.00 per share, with a total value of $225,000.00. Following the completion of the purchase, the executive vice president owned 2,500 shares of the company's stock, valued at approximately $225,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Andrew Kang sold 18,750 shares of the 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 sale, the chief financial officer directly owned 24,460 shares of the company's stock, valued at $9,661,700. This represents a 43.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 252,974 shares of company stock valued at $22,844,759 and sold 142,150 shares valued at $59,289,351. 8.46% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

• Take the Money and Run: Strategy Stock Looks Tapped Out

MSTR has been the topic of several research reports. Benchmark restated a "buy" rating on shares of Strategy in a report on Wednesday, August 13th. Canaccord Genuity Group restated a "buy" rating and set a $464.00 price objective on shares of Strategy in a report on Tuesday, August 26th. Monness Crespi & Hardt boosted their price objective on shares of Strategy from $175.00 to $200.00 and gave the stock a "sell" rating in a report on Tuesday, July 15th. Mizuho boosted their price objective on shares of Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of Strategy in a report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $552.50.

Check Out Our Latest Report on Strategy

Strategy Price Performance

• Time to Take Profits on Strategy Stock? 3 Reasons You Should

NASDAQ:MSTR opened at $331.44 on Friday. The firm has a market cap of $93.98 billion, a PE ratio of 29.18 and a beta of 3.82. Strategy Inc has a 12 month low of $128.51 and a 12 month high of $543.00. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The company's 50-day moving average price is $379.35 and its two-hundred day moving average price is $356.71.

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

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