QRG Capital Management Inc. Sells 24,912 Shares of Strategy Inc $MSTR

QRG Capital Management Inc. lowered its stake in shares of Strategy Inc (NASDAQ:MSTR) by 80.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 6,011 shares of the software maker’s stock after selling 24,912 shares during the period. QRG Capital Management Inc.’s holdings in Strategy were worth $750,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSTR. HB Wealth Management LLC raised its stake in shares of Strategy by 63.9% in the first quarter. HB Wealth Management LLC now owns 4,872 shares of the software maker’s stock worth $608,000 after purchasing an additional 1,899 shares during the last quarter. PFG Investments LLC lifted its holdings in shares of Strategy by 12.9% in the first quarter. PFG Investments LLC now owns 7,134 shares of the software maker’s stock valued at $890,000 after purchasing an additional 817 shares in the last quarter. Baer Investment Advisory LLC purchased a new position in shares of Strategy during the first quarter valued at approximately $295,000. Canal Capital Management LLC grew its holdings in Strategy by 64.3% during the first quarter. Canal Capital Management LLC now owns 2,653 shares of the software maker’s stock worth $331,000 after buying an additional 1,038 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in Strategy during the first quarter worth $224,000. 59.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Jarrod M. Patten sold 15,050 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $154.94, for a total transaction of $2,331,847.00. Following the completion of the transaction, the director owned 28,000 shares in the company, valued at approximately $4,338,320. This represents a 34.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Andrew Kang sold 33,062 shares of the firm’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 $3,925,451.26. Following the sale, the chief financial officer owned 68,733 shares of the company’s stock, valued at $8,160,669.09. This trade represents a 32.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have purchased 11,166 shares of company stock valued at $1,014,265 and have sold 188,922 shares valued at $24,585,457. 6.49% of the stock is owned by insiders.

Strategy Stock Performance

Shares of Strategy stock opened at $93.89 on Friday. The business’s fifty day simple moving average is $135.83 and its 200 day simple moving average is $141.93. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.22. Strategy Inc has a 12 month low of $81.81 and a 12 month high of $457.22. The firm has a market capitalization of $32.90 billion, a P/E ratio of -2.34 and a beta of 3.54.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings data on Tuesday, May 5th. The software maker reported ($38.25) earnings per share (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 business had revenue of $124.30 million during the quarter, compared to the consensus estimate of $120.75 million. During the same quarter last year, the company earned ($16.49) EPS. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. As a group, analysts anticipate that Strategy Inc will post 116.7 EPS for the current year.

Trending Headlines about Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Barclays and Citi have remained constructive on Strategy, with Barclays initiating coverage at Overweight and Citi keeping a Buy rating even after cutting its price target, suggesting some analysts still see meaningful upside. Why MSTR Stock Is Down Despite a New Buy Rating
• Positive Sentiment: Michael Saylor said Bitcoin only needs to grow about 3.3% annually for Strategy to fund its preferred-stock dividends indefinitely, an argument meant to calm concerns about the company’s capital structure and preferred payouts. Michael Saylor Says Bitcoin Capital Gains Can Fund Dividend Obligations ‘Indefinitely’ if BTC Grows by This Much Annually—Peter Schiff Pushes Back
• Positive Sentiment: Zacks upgraded Strategy Inc. (MSTR) from Strong Sell to Hold, indicating the bearish view is easing somewhat. Zacks upgrade
• Neutral Sentiment: Saylor also defended Bitcoin publicly, arguing the network has “no spam problem” and pointing to low transaction fees, but this is more of a brand-defense message than a direct operating catalyst for MSTR. Bitcoin Still Faces No Spam Issues, Argues Michael Saylor, Highlighting Low Transaction Fees — Critics Say ‘Nobody is Using the Chain’
• Neutral Sentiment: Other coverage continues to frame Strategy as a highly leveraged Bitcoin proxy, meaning the stock remains tightly tied to BTC price swings and broader crypto sentiment rather than company-specific software fundamentals. Prediction: Bitcoin’s Next Move Could Make or Break MicroStrategy Stock
• Negative Sentiment: Several reports say the Bitcoin sale and weaker BTC prices have pressured MSTR and its preferred shares, fueling concerns about dilution, leverage, and whether the new financing strategy is sustainable. Bitcoin’s Most Prominent Holder Is Selling Some. Should You?
• Negative Sentiment: Broader crypto weakness and fears of further Bitcoin selling have added to the selloff in Strategy Inc. (MSTR), since the stock is viewed as a direct proxy for Bitcoin exposure. Bitcoin tumbles back to key $60K support level: What’s behind the sell pressure?

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MSTR. Texas Capital upgraded Strategy to a “strong-buy” rating in a research note on Thursday, March 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a research note on Wednesday, June 24th. Monness Crespi & Hardt reiterated a “neutral” rating on shares of Strategy in a report on Tuesday, June 2nd. Benchmark reissued a “buy” rating on shares of Strategy in a research report on Tuesday, June 2nd. Finally, Mizuho cut their price target on shares of Strategy from $265.00 to $213.00 and set an “outperform” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and an average target price of $266.31.

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.