Clear Street Group Inc. Trims Stock Holdings in Strategy Inc $MSTR

Clear Street Group Inc. lowered its stake in shares of Strategy Inc (NASDAQ:MSTR) by 48.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,971,486 shares of the software maker’s stock after selling 1,852,211 shares during the quarter. Strategy comprises approximately 1.1% of Clear Street Group Inc.’s investment portfolio, making the stock its 6th largest position. Clear Street Group Inc.’s holdings in Strategy were worth $299,567,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. McIlrath & Eck LLC lifted its holdings in shares of Strategy by 3.8% during the 2nd quarter. McIlrath & Eck LLC now owns 1,246 shares of the software maker’s stock valued at $504,000 after purchasing an additional 46 shares in the last quarter. Mill Creek Capital Advisors LLC lifted its holdings in shares of Strategy by 2.8% during the 3rd quarter. Mill Creek Capital Advisors LLC now owns 1,748 shares of the software maker’s stock valued at $563,000 after purchasing an additional 48 shares in the last quarter. Angeles Wealth Management LLC lifted its holdings in shares of Strategy by 6.2% during the 3rd quarter. Angeles Wealth Management LLC now owns 893 shares of the software maker’s stock valued at $288,000 after purchasing an additional 52 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of Strategy by 0.6% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 9,533 shares of the software maker’s stock valued at $3,061,000 after purchasing an additional 53 shares in the last quarter. Finally, Binnacle Investments Inc lifted its holdings in shares of Strategy by 492.9% during the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after purchasing an additional 69 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Insider Transactions at Strategy

In other Strategy news, Director Jarrod M. Patten sold 15,050 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $154.94, for a total value of $2,331,847.00. Following the sale, the director owned 28,000 shares in the company, valued at approximately $4,338,320. The trade was a 34.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Jeanine Montgomery sold 354 shares of the business’s stock in a transaction that occurred on 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 sale, the chief accounting officer owned 11,209 shares in the company, valued at $1,388,122.56. The trade was a 3.06% decrease in their position. 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 quarter, insiders have sold 195,264 shares of company stock worth $25,497,204. 6.49% of the stock is currently owned by insiders.

Analyst Ratings Changes

MSTR has been the topic of several recent analyst reports. Canaccord Genuity Group set a $163.00 price objective on Strategy and gave the company a “buy” rating in a report on Wednesday, June 3rd. Mizuho cut their price objective on Strategy from $320.00 to $265.00 and set an “outperform” rating on the stock in a report on Monday, June 1st. Benchmark reiterated a “buy” rating on shares of Strategy in a report on Tuesday, June 2nd. Monness Crespi & Hardt reiterated a “neutral” rating on shares of Strategy in a report on Tuesday, June 2nd. Finally, BTIG Research reiterated a “buy” rating and set a $350.00 price objective (up from $250.00) on shares of Strategy in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $313.93.

Strategy Trading Up 3.2%

NASDAQ MSTR opened at $123.97 on Friday. The stock has a market capitalization of $43.45 billion, a price-to-earnings ratio of -3.09 and a beta of 3.49. The stock’s 50 day moving average price is $153.17 and its two-hundred day moving average price is $152.02. 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 Inc has a 52 week low of $104.17 and a 52 week high of $457.22.

Strategy (NASDAQ:MSTR) 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). The firm had revenue of $124.30 million during the quarter, compared to the consensus estimate of $120.75 million. Strategy had a negative net margin of 2,482.01% and a negative return on equity of 26.97%. The company’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($16.49) EPS. As a group, analysts anticipate that Strategy Inc will post 116.7 earnings per share for the current fiscal year.

Strategy News Summary

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy added 1,550 Bitcoin in a June 8 filing, lifting total reported holdings to 845,256 BTC and signaling continued conviction in its Bitcoin treasury strategy.
• Positive Sentiment: Analyst coverage remained constructive, with H.C. Wainwright reiterating a Buy rating and a $540 price target, citing a compelling entry point and a bullish 2026 Bitcoin target of $150,000.
• Neutral Sentiment: CEO Phong Le said the company’s small Bitcoin sale was meant to “test” processes and that institutional investors were less concerned than retail traders, suggesting management sees the move as operational rather than strategic retreat.
• Neutral Sentiment: Market commentary noted that crypto prices have stabilized somewhat after a recent selloff, which can help sentiment around MSTR because the stock remains highly tied to Bitcoin’s direction.
• Negative Sentiment: Recent headlines also highlighted concerns that Strategy’s first-ever Bitcoin sale since 2022 rattled some investors and renewed debate about leverage, dilution, and the risks of its aggressive Bitcoin-focused capital structure.

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.