7,247 Strategy Inc $MSTR Shares Acquired by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. raised its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 47.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,516 shares of the software maker’s stock after buying an additional 7,247 shares during the period. Pinnacle Associates Ltd.’s holdings in Strategy were worth $3,447,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Robeco Institutional Asset Management B.V. lifted its stake in shares of Strategy by 1.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 136,225 shares of the software maker’s stock worth $20,855,000 after acquiring an additional 2,470 shares during the last quarter. Diversify Advisory Services LLC boosted its holdings in Strategy by 47.8% during the 3rd quarter. Diversify Advisory Services LLC now owns 6,051 shares of the software maker’s stock valued at $915,000 after acquiring an additional 1,956 shares during the period. Capital Management Associates Inc purchased a new position in Strategy during the 3rd quarter valued at $383,000. Prime Capital Investment Advisors LLC boosted its holdings in Strategy by 7.7% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 2,546 shares of the software maker’s stock valued at $390,000 after acquiring an additional 181 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Strategy by 10.6% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 48,811 shares of the software maker’s stock valued at $7,472,000 after acquiring an additional 4,663 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Strategy Stock Performance

Strategy stock opened at $145.80 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 5.39 and a current ratio of 5.39. The company has a market capitalization of $56.02 billion, a PE ratio of -1.50 and a beta of 3.56. The company has a 50 day moving average price of $139.63 and a 200-day moving average price of $131.97. Strategy Inc has a fifty-two week low of $81.81 and a fifty-two week high of $299.80.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings data on Friday, July 31st. The software maker reported ($24.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.19) by ($22.26). The firm had revenue of $122.37 million during the quarter, compared to the consensus estimate of $122.90 million. Strategy had a negative return on equity of 74.18% and a negative net margin of 6,102.95%. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the company earned $32.52 EPS. As a group, equities analysts forecast that Strategy Inc will post -15.60 earnings per share for the current year.

Insider Activity

In other news, Director Jarrod Patten sold 2,775 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $125.33, for a total transaction of $347,790.75. Following the transaction, the director owned 28,406 shares in the company, valued at approximately $3,560,123.98. This trade represents a 8.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 12,150 shares of company stock worth $1,635,392. 5.40% of the stock is currently owned by corporate insiders.

Trending Headlines about Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy expanded its authorization to repurchase preferred stock to $3 billion, after spending approximately $193.1 million buying STRC shares below par. The move may support preferred-share prices and improve capital-allocation flexibility. Strategy Increased Its Preferred Stock Buyback to $3 Billion
• Positive Sentiment: Analysts reportedly raised price targets following the buyback announcement, helping fuel the previous rally. The broader cryptocurrency market also benefited from optimism surrounding a clearer framework for stablecoin regulation and a rebound in Bitcoin. Why Strategy Stock Was Up
• Neutral Sentiment: Strategy is scheduled to report earnings next week. Wall Street expects earnings growth, but Zacks says the company currently lacks the indicators that typically point to a likely earnings beat, creating a near-term event risk for MSTR. Strategy Reports Next Week
• Negative Sentiment: Thursday’s decline was attributed to profit-taking after the prior session’s 7.54% gain and a Bitcoin pullback. Bitcoin’s retreat is particularly important because treasury companies have an average estimated break-even near $80,000 per coin, increasing concern about valuation and balance-sheet pressure if prices weaken. Why Is Strategy Stock Trading Lower Bitcoin Treasury Companies Break-Even Analysis

Analysts Set New Price Targets

A number of analysts have weighed in on MSTR shares. Sanford C. Bernstein reiterated an “outperform” rating and issued a $350.00 target price (down from $450.00) on shares of Strategy in a research note on Wednesday, August 26th. Wall Street Zen upgraded Strategy from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 16th. TD Cowen lowered their target price on shares of Strategy from $400.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Canaccord Genuity Group upped their price target on shares of Strategy from $175.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, September 8th. Finally, Citigroup restated a “buy” rating and issued a $240.00 price target (up from $136.00) on shares of Strategy in a report on Friday, October 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Strategy currently has a consensus rating of “Moderate Buy” and an average target price of $246.13.

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.