Public Employees Retirement System of Ohio Boosts Stock Holdings in Strategy Inc $MSTR

Public Employees Retirement System of Ohio raised its stake in Strategy Inc (NASDAQ:MSTR) by 16.0% during the first quarter, Holdings Channel reports. The firm owned 123,997 shares of the software maker’s stock after purchasing an additional 17,087 shares during the period. Public Employees Retirement System of Ohio’s holdings in Strategy were worth $15,475,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MSTR. McIlrath & Eck LLC increased its holdings in shares of Strategy by 3.8% during the 2nd quarter. McIlrath & Eck LLC now owns 1,246 shares of the software maker’s stock worth $504,000 after buying an additional 46 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of Strategy by 0.6% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 9,533 shares of the software maker’s stock worth $3,061,000 after buying an additional 53 shares during the period. Binnacle Investments Inc raised its position in shares of Strategy by 492.9% in the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock worth $34,000 after buying an additional 69 shares during the period. Patriot Investment Management Group Inc. boosted its holdings in Strategy by 0.5% in the fourth quarter. Patriot Investment Management Group Inc. now owns 14,538 shares of the software maker’s stock valued at $2,209,000 after acquiring an additional 73 shares during the last quarter. Finally, KPP Advisory Services LLC boosted its holdings in Strategy by 0.5% in the fourth quarter. KPP Advisory Services LLC now owns 14,994 shares of the software maker’s stock valued at $2,278,000 after acquiring an additional 79 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

Strategy Price Performance

Shares of NASDAQ MSTR opened at $91.67 on Friday. Strategy Inc has a 1-year low of $81.81 and a 1-year high of $417.01. The business has a 50-day moving average of $117.19 and a 200-day moving average of $137.33. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.05 and a quick ratio of 6.05. The company has a market capitalization of $32.13 billion, a price-to-earnings ratio of -2.28 and a beta of 3.54.

Strategy (NASDAQ:MSTR) last posted its earnings results 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). The company had revenue of $124.30 million during the quarter, compared to analyst estimates of $120.75 million. Strategy had a negative net margin of 2,482.01% and a negative return on equity of 26.97%. Strategy’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted ($16.49) EPS. On average, equities analysts anticipate that Strategy Inc will post 57.47 EPS for the current fiscal year.

Strategy News Roundup

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

Several brokerages have commented on MSTR. Credit Suisse Group set a $250.00 price target on Strategy in a research note on Tuesday, June 30th. Mizuho reduced their price objective on Strategy from $265.00 to $213.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 7th. B. Riley Financial boosted their target price on Strategy from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Cantor Fitzgerald reissued an “overweight” rating on shares of Strategy in a research report on Thursday. Finally, TD Cowen cut their price target on shares of Strategy from $400.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $266.31.

Insiders Place Their Bets

In other Strategy news, CEO Phong Le acquired 11,000 shares of the stock in a transaction on Monday, June 22nd. The stock was purchased at an average price of $90.80 per share, for a total transaction of $998,800.00. Following the purchase, the chief executive officer directly owned 11,000 shares in the company, valued at $998,800. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jarrod M. Patten sold 1,500 shares of Strategy stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $106.08, for a total value of $159,120.00. Following the sale, the director owned 28,406 shares in the company, valued at $3,013,308.48. This represents a 5.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. 6.49% of the stock is currently owned by insiders.

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.