Compass Ion Advisors LLC Lowers Holdings in Strategy Inc $MSTR
Compass Ion Advisors LLC reduced its stake in Strategy Inc (NASDAQ:MSTR) by 7.1% in Q2, now holding 50,248 shares valued at $20.31 million. The stock represents 2.2% of their portfolio. Other investors, including Fiduciary Alliance LLC and Swedbank AB, have also adjusted their positions. Analysts maintain a consensus rating of "Moderate Buy" with a target price of $547.50. Strategy's stock opened at $344.75, with a 1-year range of $141.64 to $543.00. The company reported strong earnings, exceeding estimates with $32.60 EPS for the last quarter.
Compass Ion Advisors LLC trimmed its stake in Strategy Inc (NASDAQ:MSTR - Free Report) by 7.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,248 shares of the software maker's stock after selling 3,854 shares during the period. Strategy comprises about 2.2% of Compass Ion Advisors LLC's investment portfolio, making the stock its 10th largest position. Compass Ion Advisors LLC's holdings in Strategy were worth $20,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- MarketBeat Week in Review – 09/08 - 09/12
Other large investors have also recently bought and sold shares of the company. Fiduciary Alliance LLC grew its position in Strategy by 28.4% in the second quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker's stock valued at $18,157,000 after acquiring an additional 9,937 shares during the period. Swedbank AB bought a new stake in Strategy in the first quarter valued at $17,352,000. GAMMA Investing LLC grew its position in Strategy by 47.7% in the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker's stock valued at $239,000 after acquiring an additional 268 shares during the period. Yousif Capital Management LLC grew its position in Strategy by 42.9% in the first quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker's stock valued at $839,000 after acquiring an additional 873 shares during the period. Finally, NBC Securities Inc. bought a new stake in Strategy in the first quarter valued at $236,000. 59.84% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
MSTR has been the topic of several research analyst reports. Canaccord Genuity Group restated a "buy" rating and set a $464.00 target price on shares of Strategy in a report on Tuesday, August 26th. Benchmark restated a "buy" rating on shares of Strategy in a report on Wednesday, August 13th. Mizuho increased their target price on Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. BTIG Research increased their target price on Strategy from $620.00 to $700.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Finally, TD Cowen decreased their target price on Strategy from $640.00 to $620.00 and set a "buy" rating on the stock in a report on Tuesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $547.50.
- Take the Money and Run: Strategy Stock Looks Tapped Out
Check Out Our Latest Stock Analysis on Strategy
Strategy Trading Down 1.3%
NASDAQ:MSTR opened at $344.75 on Friday. Strategy Inc has a 1-year low of $141.64 and a 1-year high of $543.00. The business's 50-day moving average price is $371.79 and its two-hundred day moving average price is $359.18. 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 capitalization of $97.75 billion, a price-to-earnings ratio of 30.35 and a beta of 3.82.
- Time to Take Profits on Strategy Stock? 3 Reasons You Should
Strategy (NASDAQ:MSTR - Get Free Report) last released its earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $32.72. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The firm had revenue of $114.49 million for the quarter, compared to analyst estimates of $112.68 million. During the same quarter in the prior year, the firm posted ($5.74) earnings per share. The company'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.
Insider Activity at Strategy
In other Strategy news, CAO Jeanine Montgomery purchased 5,000 shares of the company's stock in a transaction dated Tuesday, July 29th. The shares were bought at an average price of $90.00 per share, with a total value of $450,000.00. Following the completion of the transaction, the chief accounting officer directly owned 5,000 shares in the company, valued at $450,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jane A. Dietze purchased 1,500 shares of the company's stock in a transaction dated Tuesday, July 29th. The shares were acquired at an average cost of $90.00 per share, for a total transaction of $135,000.00. Following the transaction, the director owned 1,500 shares of the company's stock, valued at $135,000. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 265,474 shares of company stock valued at $24,056,259 and have sold 142,150 shares valued at $59,289,351. 8.46% of the stock is owned by company insiders.
Strategy Company Profile
(Free Report)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.
Further Reading
- Five stocks we like better than Strategy
- What to Know About Investing in Penny Stocks
- Caterpillar Stock Hits All-Time High—Is There More Room to Run?
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Berkshire-Backed Lennar Slides After Weak Q3 Earnings
- How to Use the MarketBeat Stock Screener
- Analysts Turn Bullish on Hershey—Is Pepsi the Next Value Play?
Want to see what other hedge funds are holding MSTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Strategy Inc (NASDAQ:MSTR - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Strategy Right Now?
Before you consider Strategy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Strategy wasn't on the list.
While Strategy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
