Equitable Trust Co. Takes Position in Strategy Inc $MSTR

Equitable Trust Co. acquired a new stake in Strategy Inc (NASDAQ:MSTR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,487 shares of the software maker’s stock, valued at approximately $1,594,000.

Several other hedge funds have also modified their holdings of the stock. Rhumbline Advisers raised its stake in Strategy by 16.1% in the third quarter. Rhumbline Advisers now owns 313,565 shares of the software maker’s stock valued at $101,034,000 after buying an additional 43,509 shares in the last quarter. Schroder Investment Management Group raised its stake in Strategy by 21.0% in the third quarter. Schroder Investment Management Group now owns 118,478 shares of the software maker’s stock valued at $38,175,000 after buying an additional 20,536 shares in the last quarter. Van ECK Associates Corp raised its stake in Strategy by 46.1% in the third quarter. Van ECK Associates Corp now owns 204,506 shares of the software maker’s stock valued at $65,894,000 after buying an additional 64,482 shares in the last quarter. Harvest Portfolios Group Inc. raised its stake in Strategy by 119.0% in the third quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker’s stock valued at $499,593,000 after buying an additional 842,480 shares in the last quarter. Finally, Shariaportfolio Inc. raised its stake in Strategy by 18.1% in the third quarter. Shariaportfolio Inc. now owns 106,492 shares of the software maker’s stock valued at $34,313,000 after buying an additional 16,354 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Strategy Stock Performance

Shares of MSTR stock opened at $186.82 on Thursday. The stock’s 50-day moving average is $143.11 and its two-hundred day moving average is $168.91. The firm has a market cap of $62.35 billion, a price-to-earnings ratio of -4.65 and a beta of 3.59. Strategy Inc has a 1 year low of $104.17 and a 1 year high of $457.22. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.62 and a current ratio of 5.62.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data 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 firm had revenue of $124.30 million for the quarter, compared to analysts’ expectations of $120.75 million. Strategy had a negative return on equity of 25.37% and a negative net margin of 2,482.01%.The business’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($16.49) EPS. Analysts predict that Strategy Inc will post 136.35 earnings per share for the current year.

Insiders Place Their Bets

In other Strategy news, CFO Andrew Kang sold 2,373 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $138.33, for a total transaction of $328,257.09. Following the transaction, the chief financial officer owned 26,772 shares of the company’s stock, valued at approximately $3,703,370.76. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jarrod M. Patten sold 3,400 shares of the firm’s stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $130.65, for a total value of $444,210.00. Following the transaction, the director directly owned 28,000 shares in the company, valued at approximately $3,658,200. The trade was a 10.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 25,452 shares of company stock valued at $3,708,002. 8.46% of the stock is currently owned by insiders.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Bitcoin strength and bullish industry forecasts boost the value of Strategy’s BTC treasury — Bitcoin trading above $80k and bullish commentary (VanEck research head projecting dramatic long‑term upside) increase the market value of Strategy’s bitcoin holdings and improve the company’s balance‑sheet outlook if prices hold. VanEck Forecast: Bitcoin Could Climb To $1,000,000 By 2031
• Positive Sentiment: STRC preferred shares gain wider distribution — A London listing for the Strategy Yield ETN tied to STRC increases access for U.K. investors, supporting demand for Strategy’s preferred financing vehicle and easing funding pressure. U.K. Investors Gain Access to Strategy STRC Shares
• Neutral Sentiment: Analyst target moves—mixed signal — Benchmark trimmed its target (from $705 to $570) but kept a buy stance; analysts remain polarized, implying continued upside from current levels but with divergent valuations. Benchmark Lowers Target on Strategy — Benzinga
• Neutral Sentiment: ATM equity program and recent $82M stock sales provide cash but can be dilutive — Management continues to use equity funding (ATM) to support treasury activities; this supplies liquidity but can pressure shares if repeated. Strategy Raises $82M Through MSTR Stock Sales — Yahoo Finance
• Negative Sentiment: Massive Q1 unrealized loss and earnings miss — Strategy reported a ~$12.5B Q1 net loss (EPS -$38.25), driven by unrealized bitcoin markdowns; that volatility makes reported earnings highly dependent on BTC price swings and is pressuring sentiment. Saylor’s Strategy Posts Wider Quarterly Loss — Reuters
• Negative Sentiment: Management opens door to selling bitcoin — Michael Saylor and other executives signaled Strategy “will probably sell some bitcoin” to fund preferred dividends and “inoculate” markets, a major policy change that can be read as pragmatic liquidity management but risks depressing BTC upside and investor conviction in the pure‑treasury story. Strategy Breaks From ‘Never Sell’ Bitcoin Approach — CNBC
• Negative Sentiment: Insider share sales and pause in preferred‑funded buys raise governance & funding questions — Recent director sales and a halt to preferred‑share funded buys reduce a prior, predictable source of BTC demand and may increase perceived execution risk. SEC Filing — Insider Sales MicroStrategy Halts Preferred-Share Sales — BeInCrypto

Analysts Set New Price Targets

A number of analysts have weighed in on MSTR shares. B. Riley Financial restated a “buy” rating on shares of Strategy in a research note on Wednesday, April 29th. Benchmark cut their price target on Strategy from $705.00 to $570.00 and set a “buy” rating on the stock in a research note on Wednesday. BTIG Research restated a “buy” rating and issued a $350.00 price target (up from $250.00) on shares of Strategy in a research note on Wednesday. TD Cowen cut their price target on Strategy from $440.00 to $350.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $313.93.

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.