Nisa Investment Advisors LLC Raises Stock Holdings in Strategy Inc $MSTR

Nisa Investment Advisors LLC boosted its stake in shares of Strategy Inc (NASDAQ:MSTR) by 29.9% during the third quarter, Holdings Channel.com reports. The firm 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 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. State Street Corp lifted its position in shares of Strategy by 9.9% during the second quarter. State Street Corp now owns 5,484,569 shares of the software maker’s stock valued at $2,217,027,000 after buying an additional 495,278 shares during the last quarter. Norges Bank bought a new position in shares of Strategy during the 2nd quarter worth approximately $1,203,062,000. Amundi lifted its position in Strategy by 378.9% during the second quarter. Amundi now owns 1,783,982 shares of the software maker’s stock valued at $717,660,000 after acquiring an additional 1,411,500 shares during the last quarter. Invesco Ltd. boosted its stake in Strategy by 14.0% in the second quarter. Invesco Ltd. now owns 1,398,098 shares of the software maker’s stock valued at $565,153,000 after acquiring an additional 171,940 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in Strategy by 19.1% in the second quarter. Legal & General Group Plc now owns 1,168,437 shares of the software maker’s stock worth $472,317,000 after purchasing an additional 187,291 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on MSTR. China Renaissance started coverage on Strategy in a report on Wednesday, October 15th. They set a “buy” rating and a $473.00 price objective for the company. HC Wainwright decreased their price target on Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Monness Crespi & Hardt upgraded Strategy from a “sell” rating to a “neutral” rating in a research note on Monday, November 10th. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a report on Friday, December 5th. Finally, Cowen reiterated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $452.81.

Insider Activity

In other Strategy news, EVP Wei-Ming Shao sold 2,600 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total value of $525,252.00. Following the sale, the executive vice president directly owned 32,726 shares of the company’s stock, valued at approximately $6,611,306.52. This represents a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jarrod M. Patten purchased 12,000 shares of the business’s stock in a transaction on Friday, October 17th. The shares were bought at an average cost of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the transaction, the director directly owned 29,335 shares in the company, valued at $2,841,974.80. This trade represents a 69.22% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have acquired 24,892 shares of company stock valued at $2,422,419 and have sold 13,177 shares valued at $2,843,166. Insiders own 8.46% of the company’s stock.

Key Stories Impacting Strategy

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

Strategy Trading Down 5.8%

Shares of NASDAQ:MSTR opened at $157.33 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.16. Strategy Inc has a 52-week low of $149.75 and a 52-week high of $457.22. The stock has a market cap of $45.21 billion, a price-to-earnings ratio of 7.32 and a beta of 3.42. The business has a 50-day moving average price of $183.63 and a 200-day moving average price of $295.37.

Strategy (NASDAQ:MSTR) last issued its earnings results on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $116.65 million. During the same quarter in the prior year, the firm earned ($1.56) earnings per share. Strategy’s revenue for the quarter was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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.