Strategy Inc $MSTR Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its stake in Strategy Inc (NASDAQ:MSTR) by 88.2% in the first quarter, Holdings Channel reports. The fund owned 60,126 shares of the software maker’s stock after buying an additional 28,180 shares during the quarter. Quantinno Capital Management LP’s holdings in Strategy were worth $7,504,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. McIlrath & Eck LLC lifted its position in shares of Strategy by 3.8% during the second quarter. McIlrath & Eck LLC now owns 1,246 shares of the software maker’s stock worth $504,000 after purchasing an additional 46 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in 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. Binnacle Investments Inc grew its holdings in 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. Patriot Investment Management Group Inc. increased its stake in Strategy by 0.5% during the 4th quarter. Patriot Investment Management Group Inc. now owns 14,538 shares of the software maker’s stock worth $2,209,000 after buying an additional 73 shares during the period. Finally, KPP Advisory Services LLC increased its stake in Strategy by 0.5% during the 4th quarter. KPP Advisory Services LLC now owns 14,994 shares of the software maker’s stock worth $2,278,000 after buying an additional 79 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Strategy Trading Up 0.7%

NASDAQ MSTR opened at $98.37 on Thursday. Strategy Inc has a 12 month low of $81.81 and a 12 month high of $414.36. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.39 and a quick ratio of 6.05. The company has a market capitalization of $34.47 billion, a price-to-earnings ratio of -1.01 and a beta of 3.54. The company’s fifty day moving average price is $106.67 and its two-hundred day moving average price is $133.20.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings data on Friday, July 31st. The software maker reported ($24.45) earnings per share for the quarter, missing the consensus estimate of ($2.19) by ($22.26). The company had revenue of $122.37 million for the quarter, compared to analyst estimates of $122.90 million. Strategy had a negative return on equity of 74.18% and a negative net margin of 6,102.95%.Strategy’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business earned $32.52 earnings per share. As a group, research analysts predict that Strategy Inc will post 57.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

MSTR has been the subject of a number of analyst reports. Citigroup reissued a “buy” rating and issued a $136.00 price objective (down from $260.00) on shares of Strategy in a research report on Tuesday, June 30th. BTIG Research reaffirmed a “buy” rating and set a $250.00 target price on shares of Strategy in a research report on Friday, July 31st. Barclays reiterated an “overweight” rating and issued a $125.00 price target (down from $130.00) on shares of Strategy in a research note on Monday. Monness Crespi & Hardt reissued a “neutral” rating on shares of Strategy in a report on Tuesday, June 2nd. Finally, Mizuho lowered their price objective on Strategy from $265.00 to $213.00 and set an “outperform” rating for the company in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Strategy currently has a consensus rating of “Moderate Buy” and an average target price of $242.81.

Insider Buying and Selling

In other Strategy news, Director Jarrod M. Patten sold 15,050 shares of the company’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 transaction of $2,331,847.00. Following the sale, the director owned 28,000 shares in the company, valued at $4,338,320. This represents a 34.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Phong Le sold 93,738 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $118.73, for a total value of $11,129,512.74. Following the transaction, the chief executive officer directly owned 119,925 shares in the company, valued at approximately $14,238,695.25. This represents a 43.87% 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 three months, insiders bought 11,166 shares of company stock worth $1,014,265 and sold 181,422 shares worth $23,144,128. Insiders own 6.49% of the company’s stock.

Key Stories Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: CEO Phong Le said Strategy expects to outperform Bitcoin during the next bull market, portraying the company as a financial-services platform for the crypto economy rather than simply a Bitcoin holder. Strategy CEO Phong Le: We’re the JPMorgan of Crypto
• Positive Sentiment: Strategy’s STRC preferred shares have recovered as the company builds cash reserves and repurchases preferred stock, easing concerns about near-term dividend and balance-sheet pressure. Strategy’s Preferred Stock Recovers As Company Builds Cash Reserve
• Positive Sentiment: Management has approved potentially multi-billion-dollar Bitcoin sales to fund MSTR share repurchases and preferred-stock dividends. Buybacks could support the common stock and improve capital-market flexibility, although they reduce the company’s Bitcoin holdings. Strategy Approved a Multi-Billion Dollar Bitcoin Sale
• Neutral Sentiment: Strategy is tracking Bitcoin’s key long-term technical support level, highlighting the importance of Bitcoin’s roughly $64,000 area for the value of its treasury and MSTR’s equity premium. Strategy Begins Tracking Bitcoin’s Key Long-Term Technical Level
• Negative Sentiment: Strategy recently sold 1,638 Bitcoin for approximately $104.7 million to fund dividends and repurchases. The sale provides liquidity but may worry investors that the company is sacrificing future Bitcoin upside or signaling pressure on its financing model. Strategy Sells More Bitcoin
• Negative Sentiment: A wallet linked to Strategy moved another 1,030 BTC after the reported sale; no additional sale was confirmed, but the transfer renewed speculation about further selling. Strategy Linked Wallet Moves 1,030 BTC
• Negative Sentiment: Bitcoin remains near $64,000 amid security concerns and geopolitical uncertainty, creating pressure for the highly volatile, Bitcoin-sensitive MSTR shares. Cantor Fitzgerald and B. Riley also issued pessimistic forecasts for Strategy’s stock. Bitcoin Hovers Near $64,000

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.