California State Teachers Retirement System Sells 6,740 Shares of Strategy Inc $MSTR

California State Teachers Retirement System cut its stake in Strategy Inc (NASDAQ:MSTR) by 1.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 401,629 shares of the software maker’s stock after selling 6,740 shares during the period. California State Teachers Retirement System owned 0.11% of Strategy worth $50,123,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Fideuram Asset Management Ireland dac purchased a new position in shares of Strategy in the 4th quarter valued at approximately $25,000. Westfuller Advisors LLC purchased a new stake in Strategy in the first quarter worth $25,000. Dogwood Wealth Management LLC raised its holdings in Strategy by 280.0% in the fourth quarter. Dogwood Wealth Management LLC now owns 190 shares of the software maker’s stock worth $29,000 after purchasing an additional 140 shares in the last quarter. Wilkerson Advisory Group LLC bought a new position in Strategy in the fourth quarter worth $30,000. Finally, Binnacle Investments Inc lifted its position in Strategy by 492.9% during the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after buying an additional 69 shares during the period. 59.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

MSTR has been the topic of a number of research reports. BTIG Research dropped their target price on shares of Strategy from $350.00 to $250.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Zacks Research upgraded shares of Strategy from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. TD Cowen lowered their price target on shares of Strategy from $400.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Barclays began coverage on shares of Strategy in a research note on Tuesday, July 7th. They set an “overweight” rating and a $130.00 price objective on the stock. Finally, Canaccord Genuity Group cut their price objective on shares of Strategy from $163.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and an average price target of $266.31.

Strategy News Summary

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Large Bitcoin position maintained: Strategy held 843,775 BTC as of July 26, representing a 25% increase from the start of 2026. The size of the treasury preserves MSTR’s high sensitivity to any Bitcoin recovery. Strategy Bitcoin holdings and stock performance
• Positive Sentiment: Liquidity reduces near-term financing concerns: Strategy built a $3.75 billion U.S. dollar reserve, enough to cover more than two years of preferred-stock dividends and interest obligations. It also repurchased $25 million of discounted STRC preferred shares, potentially helping restore investor confidence. Strategy Q2 liquidity and Bitcoin report
• Positive Sentiment: Bitcoin purchases could resume: After pausing acquisitions for more than a month and raising $3.75 billion in cash, management may have greater flexibility to restart accumulation. That possibility is supporting the core MSTR investment narrative. Strategy may resume Bitcoin purchases
• Neutral Sentiment: Management remains aligned with Bitcoin’s long-term outlook: Executive Chairman Michael Saylor argued that Bitcoin protocol changes should be rare and resisted proposals he believes could weaken network consensus. The comments reinforce Strategy’s long-term positioning but do not directly improve near-term earnings. Saylor comments on Bitcoin protocol changes
• Negative Sentiment: Q2 results were severely affected by Bitcoin’s decline: Strategy reported an $8.22 billion net loss, or $24.45 per share, versus a $10.02 billion profit a year earlier and an expected loss of $2.19 per share. Revenue rose 6.9% to $122.4 million but was slightly below estimates. Common-stock issuance also creates dilution, while the extended buying pause weakens the accumulation catalyst. Strategy Q2 earnings loss

Insiders Place Their Bets

In related news, CEO Phong Le sold 93,738 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $118.73, for a total transaction of $11,129,512.74. Following the completion of the sale, the chief executive officer owned 119,925 shares of the company’s stock, valued at $14,238,695.25. This trade represents a 43.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Andrew Kang sold 33,062 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $118.73, for a total transaction of $3,925,451.26. Following the completion of the transaction, the chief financial officer owned 68,733 shares of the company’s stock, valued at approximately $8,160,669.09. The trade was a 32.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders bought 11,166 shares of company stock valued at $1,014,265 and sold 181,422 shares valued at $23,144,128. Corporate insiders own 6.49% of the company’s stock.

Strategy Price Performance

MSTR opened at $97.74 on Friday. The stock has a 50-day moving average price of $111.67 and a 200-day moving average price of $135.32. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.05 and a quick ratio of 6.05. The firm has a market cap of $34.25 billion, a PE ratio of -2.43 and a beta of 3.54. Strategy Inc has a 1 year low of $81.81 and a 1 year high of $414.36.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings results on Thursday, July 30th. The software maker reported ($24.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.19) by ($22.26). Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The firm had revenue of $122.37 million during the quarter, compared to the consensus estimate of $122.90 million. During the same quarter in the previous year, the firm earned $32.52 EPS. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. Sell-side analysts predict that Strategy Inc will post 57.47 earnings per share for the current fiscal year.

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.