Brevan Howard Capital Management LP Buys New Shares in Strategy Inc $MSTR

by · The Cerbat Gem

Brevan Howard Capital Management LP purchased a new position in Strategy Inc (NASDAQ:MSTR – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 75,116 shares of the software maker’s stock, valued at approximately $30,364,000.

A number of other large investors have also made changes to their positions in MSTR. AQR Capital Management LLC grew its position in Strategy by 63.0% during the second quarter. AQR Capital Management LLC now owns 22,569 shares of the software maker’s stock worth $8,832,000 after buying an additional 8,724 shares in the last quarter. CTC Alternative Strategies Ltd. lifted its position in shares of Strategy by 28.8% in the 2nd quarter. CTC Alternative Strategies Ltd. now owns 11,749 shares of the software maker’s stock worth $4,749,000 after acquiring an additional 2,629 shares during the period. Clough Capital Partners L P acquired a new stake in shares of Strategy during the 2nd quarter worth approximately $1,260,000. Ausdal Financial Partners Inc. raised its stake in shares of Strategy by 47.6% in the second quarter. Ausdal Financial Partners Inc. now owns 2,667 shares of the software maker’s stock valued at $1,078,000 after purchasing an additional 860 shares in the last quarter. Finally, California State Teachers Retirement System lifted its position in Strategy by 15.1% in the second quarter. California State Teachers Retirement System now owns 387,910 shares of the software maker’s stock worth $156,805,000 after purchasing an additional 50,974 shares during the period. Institutional investors and hedge funds own 59.84% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on MSTR. Cowen reaffirmed a “buy” rating on shares of Strategy in a report on Friday, October 31st. Wells Fargo & Company restated an “equal weight” rating and set a $54.00 price target (down previously from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. HC Wainwright lowered their price objective on Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a research note on Monday, November 3rd. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a research report on Friday, December 5th. Finally, Monness Crespi & Hardt upgraded Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Strategy currently has an average rating of “Moderate Buy” and a consensus price target of $475.80.

Read Our Latest Analysis on MSTR

Insider Transactions at Strategy

In other news, Director Jane A. Dietze acquired 1,100 shares of Strategy stock in a transaction on Friday, November 21st. The shares were purchased at an average price of $95.28 per share, with a total value of $104,808.00. Following the acquisition, the director owned 2,600 shares in the company, valued at $247,728. This represents a 73.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction on 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 directly owned 12,726 shares of the company’s stock, valued at $4,547,890.62. This trade represents a 70.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have purchased 37,380 shares of company stock worth $3,632,719 and have sold 53,177 shares worth $17,122,166. 8.46% of the stock is owned by company insiders.

Strategy Price Performance

Shares of MSTR stock opened at $176.45 on Friday. Strategy Inc has a 52 week low of $155.61 and a 52 week high of $457.22. The stock has a market capitalization of $50.70 billion, a PE ratio of 8.21 and a beta of 3.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.66 and a current ratio of 0.66. The stock’s fifty day moving average is $239.06 and its 200-day moving average is $325.97.

Strategy (NASDAQ:MSTR – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $8.52. Strategy had a net margin of 1,667.09% and a return on equity of 20.98%. The business had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.65 million. During the same quarter in the prior year, the company earned ($1.56) EPS. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Strategy 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.

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