Strategy Inc $MSTR Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its stake in Strategy Inc (NASDAQ:MSTR) by 51.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,090 shares of the software maker’s stock after selling 7,463 shares during the period. Nisa Investment Advisors LLC’s holdings in Strategy were worth $1,085,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Westfuller Advisors LLC bought a new stake in Strategy in the first quarter valued at about $25,000. Ancora Advisors LLC raised its stake in Strategy by 111.7% during the second quarter. Ancora Advisors LLC now owns 290 shares of the software maker’s stock valued at $25,000 after buying an additional 153 shares in the last quarter. Continuum Advisory LLC bought a new position in Strategy during the 2nd quarter worth approximately $26,000. Ameritas Advisory Services LLC bought a new position in Strategy during the 2nd quarter worth approximately $28,000. Finally, V Square Quantitative Management LLC bought a new position in Strategy during the 1st quarter worth approximately $47,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

Strategy News Summary

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy continues to hold a substantial Bitcoin treasury of 848,517 BTC, acquired at an average price of approximately $75,446 per coin. Bitcoin’s price above that level supports the value of the company’s holdings and could improve reported results ahead of the expected third-quarter earnings release. Strategy cash reserves and Bitcoin holdings
• Positive Sentiment: Executive Chairman Michael Saylor remains bullish on Bitcoin, citing rising institutional adoption as a potential catalyst for further gains in 2027. A stronger Bitcoin market would likely provide significant upside leverage for MSTR. Michael Saylor’s Bitcoin outlook
• Neutral Sentiment: Strategy repurchased 2,068,459 STRC preferred shares for approximately $204.9 million. The transaction may support the value of its preferred securities and reshape the capital structure, but it directs funds away from additional Bitcoin purchases. Strategy STRC repurchase
• Neutral Sentiment: Strategy is scheduled to report third-quarter results after the bell on October 29. Investors are anticipating a potentially large accounting gain from Bitcoin’s recovery, but results may remain highly sensitive to cryptocurrency prices and fair-value adjustments. Strategy third-quarter earnings preview
• Negative Sentiment: The company made no Bitcoin purchases or sales during the latest reporting week, ending its four-week buying streak. Investors viewed the pause as a less aggressive treasury strategy, particularly as other crypto-treasury companies continued adding digital assets. Strategy pauses Bitcoin purchases
• Negative Sentiment: The STRC repurchase reduced reported additional cash by roughly 46% to $242.4 million, raising concerns about liquidity and whether Strategy could eventually need to sell Bitcoin to fund dividends, interest, or other obligations. Although management says total cash reserves can cover several years of payments, the reduced near-term cash balance remains a concern. Strategy cash reduction following STRC buyback

Strategy Stock Down 4.2%

Strategy stock opened at $139.82 on Tuesday. The stock has a market cap of $53.72 billion, a price-to-earnings ratio of -1.44 and a beta of 3.56. The company has a current ratio of 5.39, a quick ratio of 5.39 and a debt-to-equity ratio of 0.22. The company’s 50-day moving average price is $140.63 and its two-hundred day moving average price is $134.96. Strategy Inc has a 52 week low of $81.81 and a 52 week high of $299.80.

Strategy (NASDAQ:MSTR) last released its quarterly earnings results on Friday, July 31st. The software maker reported ($24.45) EPS for the quarter, missing analysts’ consensus estimates of ($2.19) by ($22.26). The company had revenue of $122.37 million for the quarter, compared to the consensus estimate of $122.90 million. Strategy had a negative return on equity of 74.18% and a negative net margin of 6,102.95%. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm posted $32.52 earnings per share. On average, analysts expect that Strategy Inc will post -15.60 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

MSTR has been the subject of several research reports. Weiss Ratings lowered Strategy from a “hold (c)” rating to a “sell (d)” rating in a research report on Tuesday, August 4th. Cantor Fitzgerald increased their target price on Strategy from $186.00 to $208.00 and gave the stock an “overweight” rating in a research report on Friday, October 16th. Citigroup reaffirmed a “buy” rating and set a $240.00 price target (up from $136.00) on shares of Strategy in a report on Friday, October 2nd. Wall Street Zen upgraded Strategy from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 16th. Finally, Zacks Research upgraded Strategy from a “strong sell” rating to a “hold” rating in a research report on Monday, September 21st. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Strategy currently has a consensus rating of “Moderate Buy” and an average price target of $246.13.

Insider Activity

In related news, Director Jarrod Patten sold 2,775 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $125.33, for a total transaction of $347,790.75. Following the transaction, the director owned 28,406 shares in the company, valued at $3,560,123.98. This trade represents a 8.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 10,200 shares of company stock valued at $1,443,356 in the last ninety days. Company insiders own 5.40% 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.