VIRGINIA RETIREMENT SYSTEMS ET Al Acquires New Stake in Strategy Inc $MSTR

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Strategy Inc (NASDAQ:MSTR) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 100,396 shares of the software maker’s stock, valued at approximately $8,727,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fideuram Asset Management Ireland dac bought a new stake in shares of Strategy in the 4th quarter valued at about $25,000. Westfuller Advisors LLC acquired a new position in shares of Strategy in the first quarter worth approximately $25,000. Ancora Advisors LLC lifted its stake in shares of Strategy by 111.7% in the second quarter. Ancora Advisors LLC now owns 290 shares of the software maker’s stock worth $25,000 after acquiring an additional 153 shares during the period. Continuum Advisory LLC bought a new stake in Strategy in the second quarter valued at approximately $26,000. Finally, Ameritas Advisory Services LLC acquired a new stake in Strategy during the 2nd quarter valued at approximately $28,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Strategy Price Performance

MSTR stock opened at $136.52 on Wednesday. The stock has a market capitalization of $52.46 billion, a PE ratio of -1.40 and a beta of 3.59. The company’s 50-day moving average is $105.87 and its 200-day moving average is $128.49. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.39 and a quick ratio of 5.39. Strategy Inc has a 1 year low of $81.81 and a 1 year high of $365.21.

Strategy (NASDAQ:MSTR) last issued its earnings results on Friday, July 31st. The software maker reported ($24.45) EPS for the quarter, missing analysts’ consensus estimates of ($2.19) by ($22.26). Strategy had a negative net margin of 6,102.95% and a negative return on equity of 74.18%. The firm had revenue of $122.37 million during the quarter, compared to the consensus estimate of $122.90 million. During the same period in the previous year, the firm earned $32.52 earnings per share. The business’s quarterly revenue was up 6.9% on a year-over-year basis. Equities research analysts expect that Strategy Inc will post -23.74 EPS for the current fiscal year.

Strategy News Summary

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy repurchased approximately $176.3 million of STRC preferred stock between August 31 and September 7, buying back about 1.8 million shares. Management also doubled the authorization for its digital securities repurchase program to $2 billion, which could support the capital structure and improve value for remaining holders. Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
• Positive Sentiment: Strategy remains the largest corporate Bitcoin holder, with 845,050 BTC acquired for approximately $63.6 billion at an average cost of $75,412 per coin. Canaccord Genuity maintained a Buy rating and raised its price target from $175 to $179, implying substantial upside from the stock’s recent level. Strategy Expands Capital Return and Buyback Authorizations
• Neutral Sentiment: The company did not purchase additional Bitcoin during the latest reporting week, leaving its holdings unchanged. The pause may reflect an effort to prioritize preferred-stock buybacks, but it also reduces the near-term catalyst for investors who view MSTR primarily as a leveraged Bitcoin accumulation vehicle. Strategy’s We’re Back Bitcoin Buy Was a One-Week Thing
• Negative Sentiment: Bitcoin fell below $79,000, weighing on Strategy’s highly Bitcoin-sensitive valuation. Reports also highlighted that President Phong Le described the company’s “never sell” message as a marketing slogan rather than an absolute policy, potentially increasing uncertainty about future Bitcoin sales or capital-allocation decisions. Strategy stock dips as Bitcoin buying pauses and BTC falls below $79K

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on MSTR shares. Sanford C. Bernstein reiterated an “outperform” rating and set a $350.00 price objective (down from $450.00) on shares of Strategy in a research report on Wednesday, August 26th. Mizuho set a $165.00 price target on shares of Strategy in a research report on Monday, August 10th. Citigroup reissued a “buy” rating and issued a $136.00 price objective (down from $260.00) on shares of Strategy in a research report on Tuesday, June 30th. Canaccord Genuity Group upped their target price on Strategy from $175.00 to $179.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, HC Wainwright set a $325.00 target price on Strategy in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $236.65.

Insider Activity at Strategy

In other news, Director Jarrod Patten sold 1,850 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $130.00, for a total transaction of $240,500.00. Following the completion of the sale, the director owned 28,406 shares in the company, valued at $3,692,780. The trade was a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Phong Le bought 11,000 shares of the stock in a transaction dated Monday, June 22nd. The shares were purchased at an average cost of $90.80 per share, for a total transaction of $998,800.00. Following the completion of the transaction, the chief executive officer directly owned 11,000 shares of the company’s stock, valued at $998,800. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have sold 13,950 shares of company stock valued at $1,615,809. Corporate insiders own 6.49% of the company’s stock.

Strategy Company 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.