Piar LLC lifted its stake in shares of Strategy Inc (NASDAQ:MSTR – Free Report) by 244.2% in the first quarter, Holdings Channel.com reports. The fund owned 14,800 shares of the software maker’s stock after acquiring an additional 10,500 shares during the quarter. Strategy makes up approximately 1.4% of Piar LLC’s investment portfolio, making the stock its 23rd biggest position. Piar LLC’s holdings in Strategy were worth $1,847,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Strategy by 21.0% in the fourth quarter. Vanguard Group Inc. now owns 24,062,886 shares of the software maker’s stock valued at $3,656,356,000 after acquiring an additional 4,178,611 shares in the last quarter. Capital International Investors boosted its holdings in shares of Strategy by 37.3% in the fourth quarter. Capital International Investors now owns 20,614,868 shares of the software maker’s stock worth $3,132,460,000 after acquiring an additional 5,600,573 shares during the period. Capital Research Global Investors lifted its holdings in shares of Strategy by 66.7% in the fourth quarter. Capital Research Global Investors now owns 7,008,535 shares of the software maker’s stock worth $1,064,963,000 after buying an additional 2,803,277 shares in the last quarter. State Street Corp raised its position in shares of Strategy by 2.3% in the fourth quarter. State Street Corp now owns 6,127,301 shares of the software maker’s stock worth $931,043,000 after buying an additional 138,253 shares in the last quarter. Finally, Amundi grew its stake in Strategy by 373.7% in the 4th quarter. Amundi now owns 4,790,702 shares of the software maker’s stock worth $727,947,000 after buying an additional 3,779,340 shares in the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages recently commented on MSTR. Mizuho decreased their target price on shares of Strategy from $265.00 to $213.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 7th. Citigroup reiterated a “buy” rating and issued a $136.00 price objective (down from $260.00) on shares of Strategy in a report on Tuesday, June 30th. Credit Suisse Group set a $250.00 price target on Strategy in a research report on Tuesday, June 30th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Strategy in a research note on Monday, June 15th. Finally, Monness Crespi & Hardt reissued a “neutral” rating on shares of Strategy in a research note on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $266.31.
Strategy Price Performance
Shares of MSTR opened at $97.82 on Tuesday. The firm’s 50-day simple moving average is $123.98 and its two-hundred day simple moving average is $138.82. Strategy Inc has a fifty-two week low of $81.81 and a fifty-two week high of $437.00. The stock has a market cap of $34.28 billion, a PE ratio of -2.44 and a beta of 3.54. The company has a debt-to-equity ratio of 0.22, a quick ratio of 6.05 and a current ratio of 6.05.
Strategy (NASDAQ:MSTR – Get Free Report) last released its earnings results on Tuesday, May 5th. The software maker reported ($38.25) EPS for the quarter, missing the consensus estimate of ($0.86) by ($37.39). Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The company had revenue of $124.30 million during the quarter, compared to the consensus estimate of $120.75 million. During the same period last year, the firm posted ($16.49) earnings per share. The company’s revenue was up 11.9% compared to the same quarter last year. Analysts anticipate that Strategy Inc will post 57.47 earnings per share for the current fiscal year.
Insider Activity
In other Strategy news, CAO Jeanine Montgomery sold 354 shares of Strategy stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $123.84, for a total value of $43,839.36. Following the completion of the transaction, the chief accounting officer directly owned 11,209 shares of the company’s stock, valued at approximately $1,388,122.56. The trade was a 3.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Phong Le purchased 11,000 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were purchased at an average price of $90.80 per share, for a total transaction of $998,800.00. Following the acquisition, the chief executive officer owned 11,000 shares of the company’s stock, valued at approximately $998,800. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have acquired 11,166 shares of company stock valued at $1,014,265 and have sold 183,522 shares valued at $23,804,822. 6.49% of the stock is owned by corporate insiders.
Strategy News Roundup
Here are the key news stories impacting Strategy this week:
- Positive Sentiment: Strategy raised $263.5 million through MSTR share sales, increasing liquidity and cash reserves to about $3.225 billion while preserving its Bitcoin treasury. Strategy raises $263.5M through MSTR sales, holds 843,775 Bitcoin
- Positive Sentiment: Bitcoin has shown relative strength and is decoupling from broader tech weakness, which supports Strategy’s core treasury-bet narrative. Bitcoin defies recent tech stocks sell-off. Are bulls eyeing a $70K rally?
- Neutral Sentiment: Michael Saylor’s comments against Bitcoin’s proposed BIP-110 upgrade kept Strategy in the crypto conversation, but the remarks are more about long-term Bitcoin governance than near-term fundamentals. Michael Saylor Says Bitcoin’s Proposed BIP-110 Upgrade Is ‘More Dangerous Than the Condition’
- Negative Sentiment: Some market commentary continues to flag liquidity and leverage risks tied to Strategy’s Bitcoin-heavy balance sheet, including concerns about valuation and potential downside if BTC weakens. Prediction Markets Are Pricing Real Risk Into MicroStrategy’s Bitcoin Bet: What the Odds Say
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.
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