Strategy Inc $MSTR Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC raised its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 4.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 3,911,499 shares of the software maker’s stock after buying an additional 175,343 shares during the period. Geode Capital Management LLC’s holdings in Strategy were worth $592,832,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MSTR. Federated Hermes Inc. acquired a new position in shares of Strategy during the second quarter valued at about $396,000. Cary Street Partners Financial LLC acquired a new position in shares of Strategy during the second quarter valued at about $202,000. Sei Investments Co. increased its holdings in shares of Strategy by 136.0% during the second quarter. Sei Investments Co. now owns 39,905 shares of the software maker’s stock valued at $16,125,000 after acquiring an additional 22,999 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Strategy by 59.4% during the second quarter. The Manufacturers Life Insurance Company now owns 19,215 shares of the software maker’s stock valued at $7,767,000 after acquiring an additional 7,158 shares in the last quarter. Finally, Peapack Gladstone Financial Corp increased its holdings in shares of Strategy by 22.0% during the second quarter. Peapack Gladstone Financial Corp now owns 3,055 shares of the software maker’s stock valued at $1,235,000 after acquiring an additional 550 shares in the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

Strategy Price Performance

Shares of NASDAQ MSTR opened at $159.09 on Friday. The business’s 50 day moving average price is $154.16 and its 200 day moving average price is $157.43. The firm has a market cap of $55.75 billion, a P/E ratio of -3.96 and a beta of 3.59. Strategy Inc has a 52 week low of $104.17 and a 52 week high of $457.22. The company has a quick ratio of 6.05, a current ratio of 6.05 and a debt-to-equity ratio of 0.22.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on MSTR shares. Wall Street Zen downgraded shares of Strategy from a “hold” rating to a “sell” rating in a report on Sunday, February 8th. Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a report on Friday, March 27th. B. Riley Financial upped their price objective on shares of Strategy from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 7th. TD Cowen upped their price objective on shares of Strategy from $395.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, May 19th. Finally, Canaccord Genuity Group set a $224.00 price objective on shares of Strategy and gave the company a “buy” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $322.21.

Key Headlines Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Negative Sentiment: Strategy moved 411 BTC to Coinbase Prime, fueling speculation that the company may be preparing to sell Bitcoin and pressuring sentiment around MSTR. Strategy Moves 411 BTC to Coinbase Prime as Polymarket Sell Odds Hit 84%
• Negative Sentiment: Arca CIO Jeff Dorman warned that Strategy’s preferred-stock structure and dividend burden have “gotten out of hand,” raising concerns about future liquidity pressure. Strategy situation ‘out of hand,’ says Arca exec on $15B preferred stock burden
• Negative Sentiment: Additional reports said Strategy’s recent debt buyback consumed a large portion of its cash reserve, intensifying worries that the company has less flexibility to fund preferred dividends. Strategy’s USD Reserve Drops 63% After Convertible Notes Repurchase
• Neutral Sentiment: Commentary from Michael Saylor and Phong Le continued to emphasize Strategy’s long-term Bitcoin thesis, but it did little to offset concerns about near-term financing risk. Mark Cuban Sold Bitcoin—Strategy CEO Says He Simply Found The ‘Next Best Thing’
• Neutral Sentiment: Separate articles noted broader Bitcoin optimism from state reserve adoption and corporate accumulation, which may support MSTR indirectly if BTC rebounds. Bitcoin Rallied 146% After Strategy’s First Purchase and 57% After ETF Launch. Could State Reserves Push BTC Past Its ATH?

Insider Activity at Strategy

In other Strategy news, CFO Andrew Kang sold 5,597 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $165.78, for a total value of $927,870.66. Following the sale, the chief financial officer owned 33,675 shares in the company, valued at approximately $5,582,641.50. This represents a 14.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jarrod M. Patten sold 2,250 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $166.37, for a total value of $374,332.50. Following the completion of the sale, the director owned 28,000 shares in the company, valued at approximately $4,658,360. This represents a 7.44% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 41,549 shares of company stock worth $6,510,803. Insiders own 6.49% of the company’s stock.

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.