Vanguard Group Inc. Raises Stock Position in Strategy Inc $MSTR

Vanguard Group Inc. increased its position in shares of Strategy Inc (NASDAQ:MSTR) by 7.3% during the third quarter, HoldingsChannel.com reports. The fund owned 19,884,275 shares of the software maker’s stock after acquiring an additional 1,344,519 shares during the period. Vanguard Group Inc. owned approximately 0.07% of Strategy worth $6,406,912,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MSTR. Bell & Brown Wealth Advisors LLC bought a new position in shares of Strategy in the third quarter worth $235,000. Tobam boosted its stake in Strategy by 103.5% during the third quarter. Tobam now owns 27,189 shares of the software maker’s stock valued at $8,761,000 after buying an additional 13,831 shares during the period. State of New Jersey Common Pension Fund D grew its position in Strategy by 9.2% during the third quarter. State of New Jersey Common Pension Fund D now owns 91,165 shares of the software maker’s stock worth $29,374,000 after buying an additional 7,714 shares in the last quarter. Pursue Wealth Partners LLC grew its position in Strategy by 72.5% during the third quarter. Pursue Wealth Partners LLC now owns 2,400 shares of the software maker’s stock worth $773,000 after buying an additional 1,009 shares in the last quarter. Finally, Kapstone Financial Advisors LLC increased its stake in Strategy by 2.2% in the 3rd quarter. Kapstone Financial Advisors LLC now owns 72,006 shares of the software maker’s stock worth $23,201,000 after acquiring an additional 1,521 shares during the last quarter. 59.84% of the stock is owned by institutional investors.

Strategy Price Performance

Shares of Strategy stock opened at $133.88 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 5.62 and a quick ratio of 0.66. Strategy Inc has a one year low of $104.17 and a one year high of $457.22. The business’s 50 day simple moving average is $156.26 and its two-hundred day simple moving average is $246.51. The stock has a market capitalization of $38.47 billion, a P/E ratio of -7.28 and a beta of 3.54.

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

Insiders Place Their Bets

In other news, Director Jane A. Dietze acquired 1,000 shares of the stock in a transaction dated Tuesday, January 20th. The stock was purchased at an average cost of $99.48 per share, with a total value of $99,480.00. Following the completion of the purchase, the director owned 3,600 shares in the company, valued at approximately $358,128. The trade was a 38.46% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Carl J. Rickertsen bought 5,000 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were purchased at an average price of $155.88 per share, with a total value of $779,400.00. Following the completion of the acquisition, the director owned 5,000 shares of the company’s stock, valued at $779,400. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 7,112 shares of company stock valued at $984,888 in the last quarter. Insiders own 8.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MSTR. Citigroup cut their price objective on Strategy from $485.00 to $325.00 and set a “buy” rating for the company in a report on Monday, December 22nd. Wall Street Zen lowered shares of Strategy from a “hold” rating to a “sell” rating in a research report on Sunday, February 8th. TD Cowen reissued a “buy” rating on shares of Strategy in a report on Thursday, January 15th. Monness Crespi & Hardt upgraded shares of Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. Finally, Mizuho cut their target price on shares of Strategy from $484.00 to $403.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Strategy presently has a consensus rating of “Moderate Buy” and a consensus price target of $374.14.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Management signaled continued Bitcoin purchases (recently added ~1,142 BTC) and hints at a 99th buy, which investors view as a bullish commitment to the firm’s long-term treasury strategy. Strategy (MSTR) Stock Gains 9% as Saylor Teases 99th Bitcoin Buy
• Positive Sentiment: Company publicly stated it can survive a steep Bitcoin crash (down to ~$8k) and plans to “equitize” ~$6B of convertible debt over several years, a move intended to lower leverage and reassure creditors and lenders. Strategy says it can survive even if bitcoin drops to $8,000 and will ‘equitize’ debt
• Neutral Sentiment: The convertible-to-equity plan is multi-year and interest remains payable while conversions are pending; the ultimate impact depends on execution, market access and future BTC moves. Investors are parsing the timeline and terms for dilution vs. reduced leverage. Strategy (MSTR) plans to swap $6B convertible debt for equity
• Negative Sentiment: Equitization transfers downside risk to shareholders via dilution; Strategy still carries large unrealized Bitcoin losses (reported in the tens of billions) and negative operating earnings, leaving the stock highly sensitive to BTC price swings and market liquidity conditions. Bitcoin At $8,000? Michael Saylor Says Strategy Still Won’t Break

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.