First Trust Advisors LP Increases Stake in Strategy Inc $MSTR

First Trust Advisors LP increased its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 24.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 755,890 shares of the software maker’s stock after purchasing an additional 147,562 shares during the period. First Trust Advisors LP’s holdings in Strategy were worth $94,335,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MSTR. Fideuram Asset Management Ireland dac acquired a new position in Strategy during the 4th quarter valued at about $25,000. Westfuller Advisors LLC purchased a new position in shares of Strategy in the first quarter worth approximately $25,000. Dogwood Wealth Management LLC raised its holdings in shares of Strategy by 280.0% during the fourth quarter. Dogwood Wealth Management LLC now owns 190 shares of the software maker’s stock valued at $29,000 after acquiring an additional 140 shares during the period. Wilkerson Advisory Group LLC purchased a new stake in shares of Strategy in the fourth quarter worth approximately $30,000. 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 buying an additional 69 shares during the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy said it has built a $3.225 billion dollar reserve, which could help cover obligations and reduce short-term payment pressure. Article Link
• Positive Sentiment: Michael Saylor rolled out new Bitcoin-focused metrics, including Net BTC and BTC Hurdle ARR, aimed at giving investors a clearer view of the company’s Bitcoin value and leverage dynamics. Article Link
• Neutral Sentiment: Strategy also participated in the launch of a $15 million Bitcoin Security Consortium, reinforcing its long-term commitment to Bitcoin infrastructure and network security. Article Link
• Negative Sentiment: Multiple reports said Strategy has gone four weeks without buying Bitcoin, suggesting it is prioritizing balance-sheet protection over adding to its BTC holdings. Article Link
• Negative Sentiment: Another report highlighted that Strategy’s new valuation metrics still show a large amount of Bitcoin pledged to lenders, reinforcing concerns about financial leverage and downside risk. Article Link
• Negative Sentiment: Analyst commentary and market reports also pointed to recent weakness in MSTR shares after the stock broke below key support levels, with some traders warning of further downside if Bitcoin remains soft. Article Link

Analyst Upgrades and Downgrades

MSTR has been the topic of several recent research reports. Zacks Research upgraded shares of Strategy from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Monness Crespi & Hardt reissued a “neutral” rating on shares of Strategy in a research report on Tuesday, June 2nd. B. Riley Financial increased their target price on Strategy from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Canaccord Genuity Group reduced their target price on Strategy from $163.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Finally, Citigroup reiterated a “buy” rating and set a $136.00 target price (down from $260.00) on shares of Strategy in a research report on Tuesday, June 30th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Strategy presently has an average rating of “Moderate Buy” and a consensus price target of $266.31.

Strategy Trading Down 2.1%

Shares of MSTR opened at $91.67 on Friday. 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 Inc has a twelve month low of $81.81 and a twelve month high of $417.01. The stock has a market capitalization of $32.13 billion, a P/E ratio of -2.28 and a beta of 3.54. The firm has a fifty day simple moving average of $117.19 and a two-hundred day simple moving average of $137.33.

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 business had revenue of $124.30 million during the quarter, compared to the consensus estimate of $120.75 million. Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The firm’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($16.49) earnings per share. On average, research analysts anticipate that Strategy Inc will post 57.47 EPS for the current year.

Insiders Place Their Bets

In other Strategy news, Director Jarrod M. Patten sold 15,050 shares of Strategy stock in a transaction dated 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 completion of the sale, the director owned 28,000 shares of the company’s stock, valued at approximately $4,338,320. The trade was a 34.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Phong Le sold 93,738 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.73, for a total transaction of $11,129,512.74. Following the completion of the transaction, the chief executive officer owned 119,925 shares of the company’s stock, valued at approximately $14,238,695.25. This trade 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. In the last three months, insiders acquired 11,166 shares of company stock valued at $1,014,265 and sold 181,522 shares valued at $23,448,502. Corporate insiders own 6.49% of the company’s stock.

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.