VIRGINIA RETIREMENT SYSTEMS ET Al Grows Stock Position in Strategy Inc $MSTR

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in Strategy Inc (NASDAQ:MSTR) by 29.1% in the fourth quarter, HoldingsChannel reports. The firm owned 31,880 shares of the software maker’s stock after acquiring an additional 7,180 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Strategy were worth $4,844,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Rhumbline Advisers raised its stake in Strategy by 16.1% in the third quarter. Rhumbline Advisers now owns 313,565 shares of the software maker’s stock valued at $101,034,000 after buying an additional 43,509 shares in the last quarter. Schroder Investment Management Group raised its stake in Strategy by 21.0% in the third quarter. Schroder Investment Management Group now owns 118,478 shares of the software maker’s stock valued at $38,175,000 after buying an additional 20,536 shares in the last quarter. Van ECK Associates Corp raised its stake in Strategy by 46.1% in the third quarter. Van ECK Associates Corp now owns 204,506 shares of the software maker’s stock valued at $65,894,000 after buying an additional 64,482 shares in the last quarter. Harvest Portfolios Group Inc. raised its stake in Strategy by 119.0% in the third quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker’s stock valued at $499,593,000 after buying an additional 842,480 shares in the last quarter. Finally, Shariaportfolio Inc. raised its stake in Strategy by 18.1% in the third quarter. Shariaportfolio Inc. now owns 106,492 shares of the software maker’s stock valued at $34,313,000 after buying an additional 16,354 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Strategy

In related news, CFO Andrew Kang sold 2,373 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $138.33, for a total value of $328,257.09. Following the transaction, the chief financial officer owned 26,772 shares in the company, valued at $3,703,370.76. The trade was a 8.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Jarrod M. Patten sold 3,400 shares of the business’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $130.65, for a total value of $444,210.00. Following the completion of the transaction, the director owned 28,000 shares in the company, valued at $3,658,200. This trade represents a 10.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,202 shares of company stock worth $4,421,564 in the last quarter. Company insiders own 6.49% of the company’s stock.

Strategy News Roundup

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy resumed Bitcoin buying and is being viewed as having more room to fund additional purchases through STRC, which supports the bull case for MSTR. Strategy Estimated to Have Bought 2,110 BTC Today Using STRC Proceeds
• Positive Sentiment: Market chatter that the Senate Banking Committee advanced the Clarity Act lifted crypto stocks broadly, giving MSTR a regulatory tailwind as a major Bitcoin proxy. Clarity Act Passes Senate Banking Committee, Crypto Stocks Rally
• Positive Sentiment: Several analysts and market commentators remain constructive on Strategy, citing strong Bitcoin yield potential and renewed buying power from its preferred-stock structure. Related strategy and dividend financing coverage
• Neutral Sentiment: HC Wainwright lifted some earnings estimates but cut others, leaving the stock’s fundamental outlook mixed despite keeping a Buy rating. Strategy stock and analyst coverage
• Negative Sentiment: STRC is facing growing scrutiny over its structure and the risk that Strategy’s Bitcoin funding engine could eventually hit issuance limits, which could slow future BTC accumulation. Strategy’s Bitcoin engine faces $28B STRC ceiling: Delphi Digital
• Negative Sentiment: Recent insider selling, including a director sale, adds a small overhang even though the transaction was modest relative to the insider’s remaining stake. SEC insider filing

Analyst Ratings Changes

A number of research firms have weighed in on MSTR. TD Cowen restated a “buy” rating and issued a $395.00 price target (up from $385.00) on shares of Strategy in a research note on Thursday, May 7th. Mizuho set a $320.00 price target on Strategy and gave the company an “outperform” rating in a research note on Tuesday, February 17th. HC Wainwright reiterated a “buy” rating on shares of Strategy in a research report on Friday, February 6th. BTIG Research reiterated a “buy” rating and set a $350.00 target price (up from $250.00) on shares of Strategy in a research report on Wednesday, May 6th. Finally, Canaccord Genuity Group set a $224.00 target price on Strategy and gave the stock a “buy” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Strategy has an average rating of “Moderate Buy” and a consensus price target of $321.86.

Strategy Stock Up 5.0%

MSTR opened at $186.97 on Friday. The business’s 50-day simple moving average is $149.49 and its 200-day simple moving average is $164.47. The company has a debt-to-equity ratio of 0.22, a quick ratio of 5.62 and a current ratio of 6.05. Strategy Inc has a one year low of $104.17 and a one year high of $457.22. The stock has a market capitalization of $65.52 billion, a P/E ratio of -4.66 and a beta of 3.59.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings results on Tuesday, May 5th. The software maker reported ($38.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.86) by ($37.39). The company had revenue of $124.30 million during the quarter, compared to analyst estimates of $120.75 million. Strategy had a negative net margin of 2,482.01% and a negative return on equity of 26.97%. The business’s revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the firm earned ($16.49) EPS. Analysts anticipate that Strategy Inc will post 116.7 EPS for the current year.

Strategy 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.