Nisa Investment Advisors LLC Buys 6,154 Shares of Strategy Inc $MSTR

Nisa Investment Advisors LLC increased its stake in shares of Strategy Inc (NASDAQ:MSTR) by 29.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 26,759 shares of the software maker’s stock after purchasing an additional 6,154 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Strategy were worth $8,622,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of MSTR. RiverFront Investment Group LLC purchased a new position in shares of Strategy during the 2nd quarter worth about $3,561,000. J.W. Cole Advisors Inc. lifted its stake in Strategy by 25.3% in the second quarter. J.W. Cole Advisors Inc. now owns 10,262 shares of the software maker’s stock worth $4,148,000 after purchasing an additional 2,069 shares during the last quarter. Resona Asset Management Co. Ltd. lifted its stake in Strategy by 13.6% in the second quarter. Resona Asset Management Co. Ltd. now owns 77,914 shares of the software maker’s stock worth $31,298,000 after purchasing an additional 9,338 shares during the last quarter. Stevens Capital Management LP purchased a new position in shares of Strategy during the second quarter valued at approximately $35,967,000. Finally, Swiss National Bank grew its stake in shares of Strategy by 17.1% during the second quarter. Swiss National Bank now owns 749,300 shares of the software maker’s stock valued at $302,890,000 after buying an additional 109,500 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

Insider Activity

In other Strategy news, Director Jane A. Dietze purchased 1,100 shares of Strategy stock in a transaction dated Friday, November 21st. The stock was acquired at an average price of $95.28 per share, for a total transaction of $104,808.00. Following the acquisition, the director owned 2,600 shares in the company, valued at $247,728. This trade represents a 73.33% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Wei-Ming Shao sold 2,600 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total transaction of $525,252.00. Following the transaction, the executive vice president owned 32,726 shares in the company, valued at approximately $6,611,306.52. This represents a 7.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders acquired 24,892 shares of company stock worth $2,422,419 and sold 13,177 shares worth $2,843,166. Company insiders own 8.46% of the company’s stock.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Bernstein published a bullish crypto outlook (Bitcoin to $150k–$200k in the next cycle) and notes MSTR is buying more bitcoin — a thematic positive for MSTR given its BTC‑heavy balance sheet. Bernstein expects Bitcoin to Rise, Strategy (MSTR) Buys More Bitcoin
• Positive Sentiment: MSCI paused plans to exclude crypto‑treasury firms from its indexes, removing a regulatory/indexing overhang that had pressured MSTR and helped lift the stock earlier this week. Will MSCI Crypto Exclusion Plans Boost Strategy’s Near-Term View?
• Neutral Sentiment: Strategy’s STRC perpetual preferred recently trading back to par ($100) could mechanically affect the company’s capital options and has been cited as a potential trigger for more BTC purchases — an operational/financing note investors should monitor for follow‑through. Strategy’s STRC perpetual preferred stock returns to $100, may trigger more bitcoin buying
• Negative Sentiment: High‑profile critics warn MSTR is effectively a leveraged bet on bitcoin — comments from Jim Cramer and others raise sentiment risk, increasing the chance of investor selling if bitcoin falls. Jim Cramer Says “Strategy Has Become Nothing More Than a Leveraged Bet on Bitcoin”
• Negative Sentiment: Industry voices (e.g., Mike Novogratz) and bearish market pieces highlight that crypto‑treasury firms must produce shareholder value beyond holding BTC; warnings about mounting bitcoin losses have prompted caution and analyst pieces projecting downside for the stock. Mike Novogratz Tells Scaramucci Crypto Treasuries Will Trade Below NAV Without Real Strategy
• Negative Sentiment: Several articles warn of “big pain” for MSTR if bitcoin weakens further; given MSTR’s high beta and concentrated BTC exposure, declines in bitcoin translate to amplified equity volatility. Big Pain Is Ahead for MicroStrategy Stock as Bitcoin Losses Mount

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on MSTR shares. Cantor Fitzgerald reiterated an “overweight” rating on shares of Strategy in a report on Friday, December 5th. Sanford C. Bernstein set a $450.00 target price on Strategy and gave the stock an “outperform” rating in a research note on Monday, December 8th. TD Cowen decreased their target price on Strategy from $620.00 to $535.00 and set a “buy” rating for the company in a research report on Friday, October 31st. China Renaissance began coverage on shares of Strategy in a research note on Wednesday, October 15th. They set a “buy” rating and a $473.00 target price for the company. Finally, Truist Financial set a $268.00 price target on shares of Strategy in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $452.81.

Strategy Price Performance

Shares of MSTR stock opened at $157.33 on Friday. Strategy Inc has a twelve month low of $149.75 and a twelve month high of $457.22. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.16. The stock has a fifty day simple moving average of $183.63 and a two-hundred day simple moving average of $295.37. The stock has a market capitalization of $45.21 billion, a price-to-earnings ratio of 7.32 and a beta of 3.42.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $8.52. Strategy had a return on equity of 20.98% and a net margin of 1,667.09%.The firm had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.65 million. During the same period in the previous year, the company posted ($1.56) earnings per share. 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.

About Strategy

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.