Strategy (NASDAQ:MSTR) Cut to “Hold” at Zacks Research

Strategy (NASDAQ:MSTR) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other brokerages have also issued reports on MSTR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research report on Friday, March 27th. Texas Capital raised shares of Strategy to a “strong-buy” rating in a research report on Thursday, March 19th. TD Cowen reaffirmed a “buy” rating on shares of Strategy in a research report on Thursday, January 15th. Citigroup dropped their target price on shares of Strategy from $485.00 to $325.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. Finally, Cantor Fitzgerald started coverage on shares of Strategy in a research report on Tuesday, January 27th. They set an “overweight” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $368.21.

Strategy Price Performance

Shares of Strategy stock opened at $128.30 on Tuesday. The firm has a fifty day simple moving average of $132.85 and a 200-day simple moving average of $190.47. The company has a current ratio of 5.62, a quick ratio of 5.62 and a debt-to-equity ratio of 0.18. Strategy has a 1-year low of $104.17 and a 1-year high of $457.22. The stock has a market capitalization of $42.82 billion, a price-to-earnings ratio of -6.97 and a beta of 3.55.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, February 5th. The software maker reported ($42.93) earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $117.42 million. During the same quarter in the previous year, the firm posted ($3.03) earnings per share. Strategy’s quarterly revenue was up 1.9% compared to the same quarter last year.

Insider Buying and Selling at Strategy

In other Strategy news, Director Carl J. Rickertsen purchased 5,000 shares of the stock in a transaction on 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 acquisition, the director directly owned 5,000 shares of the company’s stock, valued at $779,400. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Andrew Kang sold 2,373 shares of the business’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $138.33, for a total transaction of $328,257.09. Following the completion of the sale, the chief financial officer directly owned 26,772 shares in the company, valued at $3,703,370.76. This trade represents a 8.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have purchased 8,509 shares of company stock valued at $1,128,827 and have sold 10,052 shares valued at $1,375,602. 8.46% of the stock is owned by insiders.

Institutional Investors Weigh In On Strategy

Several institutional investors and hedge funds have recently bought and sold shares of MSTR. Rhumbline Advisers grew its holdings in shares of Strategy by 16.1% in the 3rd quarter. Rhumbline Advisers now owns 313,565 shares of the software maker’s stock worth $101,034,000 after purchasing an additional 43,509 shares during the last quarter. Schroder Investment Management Group grew its holdings in shares of Strategy by 21.0% in the 3rd quarter. Schroder Investment Management Group now owns 118,478 shares of the software maker’s stock worth $38,175,000 after purchasing an additional 20,536 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Strategy by 46.1% in the 3rd quarter. Van ECK Associates Corp now owns 204,506 shares of the software maker’s stock worth $65,894,000 after purchasing an additional 64,482 shares during the last quarter. Harvest Portfolios Group Inc. lifted its position in Strategy by 119.0% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker’s stock worth $499,593,000 after buying an additional 842,480 shares in the last quarter. Finally, Shariaportfolio Inc. lifted its position in Strategy by 18.1% during the 3rd quarter. Shariaportfolio Inc. now owns 106,492 shares of the software maker’s stock worth $34,313,000 after buying an additional 16,354 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Key Headlines Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Rising bitcoin price: Bitcoin moved back above the $70k level after reports of a U.S.–Iran cease-fire, lifting crypto-linked equities (including MSTR) as investors chase risk assets. Bitcoin Surges Above $70,000. It’s a Key Level for the Crypto.
• Positive Sentiment: Company resumed buying: Strategy disclosed a fresh ~$330 million bitcoin purchase, signaling management’s continued commitment to accumulating BTC and supporting investor sentiment. Strategy Resumes Bitcoin Buying With $330 Million Purchase
• Positive Sentiment: STRC adoption and large March buys: Reports say Strategy’s STRC digital credit product set volume records and the company bought ~44,377 BTC in March (driving its corporate treasury accumulation narrative); STRC reached rapid scale and is cited as a growth driver. Bitcoin Treasuries Report: Strategy Buys 44,377 BTC in March 2026 as STRC Volume Hits $746M Record
• Neutral Sentiment: Analyst support: BTIG reaffirmed a buy rating (and media coverage highlights buy-side interest), which can attract short-term flows but doesn’t remove macro/crypto price risk. Why Strategy Stock (MSTR) Is Rising Today — and What BTIG Analyst Sees Ahead
• Neutral Sentiment: Brokerage commentary: Recent media/analyst pieces recommend adding MSTR to portfolios based on bitcoin exposure and management’s strategy — useful context, but recommendations vary and often hinge on BTC outlook. Brokers Suggest Investing in Strategy (MSTR): Read This Before Placing a Bet
• Negative Sentiment: Large unrealized losses remain prominent: Strategy reported an approximately $14.5B unrealized loss on its bitcoin holdings for Q1 — this produces headline volatility under fair-value accounting and amplifies earnings swings. Strategy (MSTR) Bitcoin Portfolio Bleeds Red with $14.46 Billion Paper Loss
• Negative Sentiment: Execution and funding risk: Several articles question sustainability — the capital strategy depends on access to funding and continued BTC price appreciation; any sustained crypto pullback or funding strain could pressure the shares. Strategy’s Capital Strategy Drives BTC Growth: Is Upside Sustainable?

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.