Disciplined Investors L.L.C. boosted its stake in Strategy Inc (NASDAQ:MSTR – Free Report) by 134.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,930 shares of the software maker’s stock after purchasing an additional 6,260 shares during the quarter. Strategy comprises about 1.1% of Disciplined Investors L.L.C.’s investment portfolio, making the stock its 28th largest holding. Disciplined Investors L.L.C.’s holdings in Strategy were worth $1,661,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently added to or reduced their stakes in the stock. CIBC Asset Management Inc lifted its stake in Strategy by 9.0% in the fourth quarter. CIBC Asset Management Inc now owns 60,592 shares of the software maker’s stock valued at $9,207,000 after buying an additional 5,013 shares during the period. Westpac Banking Corp acquired a new position in Strategy in the fourth quarter valued at about $100,000. IAG Wealth Partners LLC lifted its stake in Strategy by 147.5% in the fourth quarter. IAG Wealth Partners LLC now owns 302 shares of the software maker’s stock valued at $46,000 after buying an additional 180 shares during the period. Peapack Gladstone Financial Corp lifted its stake in Strategy by 10.3% in the fourth quarter. Peapack Gladstone Financial Corp now owns 3,370 shares of the software maker’s stock valued at $512,000 after buying an additional 315 shares during the period. Finally, Nomura Asset Management Co. Ltd. lifted its stake in Strategy by 5.5% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 92,463 shares of the software maker’s stock valued at $14,050,000 after buying an additional 4,849 shares during the period. Institutional investors and hedge funds own 59.84% of the company’s stock.
Strategy Stock Down 7.0%
Shares of Strategy stock opened at $126.54 on Thursday. Strategy Inc has a 1 year low of $104.17 and a 1 year high of $457.22. The business has a 50-day moving average of $154.16 and a two-hundred day moving average of $155.08. The company has a market capitalization of $44.35 billion, a P/E ratio of -3.15 and a beta of 3.49. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.05 and a quick ratio of 6.05.
Analysts Set New Price Targets
MSTR has been the topic of several analyst reports. Monness Crespi & Hardt reissued a “neutral” rating on shares of Strategy in a research note on Tuesday. Benchmark reissued a “buy” rating on shares of Strategy in a research note on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Strategy in a research note on Friday, March 27th. Zacks Research lowered Strategy from a “hold” rating to a “strong sell” rating in a research note on Monday, May 18th. Finally, Canaccord Genuity Group set a $163.00 target price on Strategy and gave the company a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $313.93.
View Our Latest Analysis on MSTR
Insider Activity
In other Strategy news, CFO Andrew Kang sold 5,597 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $165.78, for a total value of $927,870.66. Following the completion of the sale, the chief financial officer directly owned 33,675 shares in the company, valued at $5,582,641.50. This represents a 14.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jarrod M. Patten sold 15,050 shares of the stock in a transaction dated 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 completion of the sale, the director owned 28,000 shares of the company’s stock, valued at $4,338,320. This trade represents a 34.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 63,849 shares of company stock valued at $9,913,765 over the last 90 days. Corporate insiders own 6.49% of the company’s stock.
More Strategy News
Here are the key news stories impacting Strategy this week:
- Positive Sentiment: Benchmark reportedly argued the Bitcoin selloff is overdone and said MSTR could still have substantial upside if Bitcoin stabilizes. Article Title
- Neutral Sentiment: Some analysts and market commentators suggest the Bitcoin pullback could ultimately be a buying opportunity or even a late-stage bear-market bottom, which may limit further downside if flows improve. Article Title
- Negative Sentiment: Bitcoin ETF outflows have accelerated, and the market is worried Strategy’s first BTC sale since 2022 could signal a change in its capital structure or treasury strategy. Article Title
- Negative Sentiment: Insider selling has added to the pressure on MSTR, including director Jarrod Patten’s share sales, which can weigh on investor confidence. Article Title
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.
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