State of New Jersey Common Pension Fund D Increases Holdings in Strategy Inc $MSTR

State of New Jersey Common Pension Fund D raised its stake in Strategy Inc (NASDAQ:MSTR) by 9.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 91,165 shares of the software maker’s stock after buying an additional 7,714 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Strategy were worth $29,374,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MSTR. Mutual Advisors LLC grew its holdings in shares of Strategy by 2.0% in the second quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker’s stock valued at $548,000 after purchasing an additional 27 shares during the period. Bernardo Wealth Planning LLC increased its holdings in shares of Strategy by 3.9% during the 2nd quarter. Bernardo Wealth Planning LLC now owns 772 shares of the software maker’s stock worth $312,000 after buying an additional 29 shares during the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of Strategy by 2.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,163 shares of the software maker’s stock worth $470,000 after buying an additional 31 shares during the last quarter. HBW Advisory Services LLC raised its position in shares of Strategy by 3.5% during the 3rd quarter. HBW Advisory Services LLC now owns 1,078 shares of the software maker’s stock valued at $347,000 after buying an additional 36 shares during the period. Finally, SOA Wealth Advisors LLC. lifted its holdings in Strategy by 44.4% in the third quarter. SOA Wealth Advisors LLC. now owns 117 shares of the software maker’s stock valued at $38,000 after acquiring an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Insider Activity at Strategy

In other Strategy news, Director Jane A. Dietze purchased 1,100 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was purchased at an average price of $95.28 per share, for a total transaction of $104,808.00. Following the purchase, the director directly owned 2,600 shares in the company, valued at approximately $247,728. This trade represents a 73.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Wei-Ming Shao sold 2,600 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $202.02, for a total transaction of $525,252.00. Following the sale, the executive vice president owned 32,726 shares of the company’s stock, valued at $6,611,306.52. This trade represents a 7.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have purchased 7,112 shares of company stock valued at $984,888 in the last ninety days. Insiders own 8.46% of the company’s stock.

Trending Headlines about Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Bitcoin rebound and a disclosed BTC purchase lifted sentiment — markets reacted to reports that Strategy bought ~1,100+ BTC as BTC prices firmed, helping shares rally on renewed crypto optimism. Crypto Stocks Rally: Coinbase (COIN) Soars 18%, Strategy (MSTR) Gains 10%
• Positive Sentiment: Strategy accounted for the vast majority of corporate Bitcoin additions last month, underscoring its role as a dominant corporate accumulator and supporting the narrative of continued BTC-per-share growth. Strategy (MSTR) Accounted for 97.5% of Corporate Bitcoin Buying Last Month, Report Shows
• Positive Sentiment: Analyst interest: a recent upgrade (Zacks → strong-buy) and positive coverage highlighting steady BTC-per-share growth have attracted buyers looking for leveraged Bitcoin exposure via MSTR. Zacks Research upgrade
• Neutral Sentiment: Management doubled down on accumulation — CEO statements confirm regular BTC purchases and a refusal to sell, which stabilizes the company’s strategy but keeps the stock tightly correlated with Bitcoin moves. Michael Saylor Says “We Will Not Be Selling” As Strategy (MSTR) Price Breaks Out
• Neutral Sentiment: Funding shift to preferred shares (STRC) to finance BTC buys — the move aims to attract yield‑focused capital (11%+ dividend) rather than issuing/selling common stock; investors are parsing the long‑term impact on dilution, liquidity and volatility. Strategy CEO eyes more preferred stock to fund Bitcoin buys
• Negative Sentiment: Q4 results included massive mark‑to‑market losses tied to Bitcoin that produced a large EPS loss despite revenue edging up — a reminder that earnings volatility will remain high and can pressure the stock when BTC dips. Strategy Inc, (MSTR) Swings to a Loss in Q4 due to Mark-to-Market Bitcoin Losses
• Negative Sentiment: Public criticism and downgrades increase headline risk — prominent short sellers and some analysts have criticized the preferred‑stock pitch and the heavy Bitcoin concentration, keeping sentiment fragile if BTC or credit conditions worsen. Strategy CEO Calls Bitcoin Sell-Off ‘Extremely Unlikely’… Seeking Alpha downgrade

Strategy Stock Performance

Shares of MSTR opened at $133.88 on Monday. Strategy Inc has a 1 year low of $104.17 and a 1 year high of $457.22. The stock has a market capitalization of $38.47 billion, a PE ratio of -7.28 and a beta of 3.54. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 5.62. The stock has a 50-day simple moving average of $157.25 and a 200-day simple moving average of $248.40.

Strategy (NASDAQ:MSTR) last issued its earnings results on Thursday, February 5th. The software maker reported ($42.93) earnings per share for the quarter, missing the consensus estimate of $46.02 by ($88.95). The firm had revenue of $122.99 million during the quarter, compared to analyst estimates of $117.42 million. Strategy had a negative net margin of 806.34% and a negative return on equity of 8.74%. The firm’s revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business earned ($3.03) EPS.

Wall Street Analyst Weigh In

MSTR has been the topic of several recent analyst reports. Citigroup decreased their price target on Strategy from $485.00 to $325.00 and set a “buy” rating on the stock in a research note on Monday, December 22nd. Monness Crespi & Hardt raised shares of Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. Mizuho lowered their target price on shares of Strategy from $484.00 to $403.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. HC Wainwright reiterated a “buy” rating on shares of Strategy in a research report on Friday, February 6th. Finally, Wall Street Zen lowered shares of Strategy from a “hold” rating to a “sell” rating in a report on Sunday, February 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and a consensus target price of $374.14.

Strategy Profile

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.