Private Advisor Group LLC Sells 23,131 Shares of Strategy Inc $MSTR

Private Advisor Group LLC reduced its position in shares of Strategy Inc (NASDAQ:MSTR) by 32.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 48,866 shares of the software maker’s stock after selling 23,131 shares during the quarter. Private Advisor Group LLC’s holdings in Strategy were worth $6,099,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC acquired a new stake in Strategy in the first quarter valued at approximately $224,000. Strs Ohio raised its position in shares of Strategy by 6.7% during the first quarter. Strs Ohio now owns 93,570 shares of the software maker’s stock worth $11,678,000 after purchasing an additional 5,881 shares during the period. Argent Advisors Inc. raised its position in shares of Strategy by 5.0% during the first quarter. Argent Advisors Inc. now owns 10,500 shares of the software maker’s stock worth $1,310,000 after purchasing an additional 500 shares during the period. USS Investment Management Ltd lifted its holdings in shares of Strategy by 2.6% in the 1st quarter. USS Investment Management Ltd now owns 45,516 shares of the software maker’s stock worth $5,685,000 after purchasing an additional 1,134 shares in the last quarter. Finally, IFM Investors Pty Ltd lifted its holdings in shares of Strategy by 4.5% in the 1st quarter. IFM Investors Pty Ltd now owns 52,880 shares of the software maker’s stock worth $6,599,000 after purchasing an additional 2,285 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Grayscale and other crypto commentators suggested Strategy’s Bitcoin sale could help stabilize the market, ease financing risk, and support Bitcoin price action, which could indirectly benefit MSTR.
• Positive Sentiment: Mizuho maintained an Outperform rating and its new $213 target still implies meaningful upside if Strategy’s Bitcoin-linked model regains investor trust.
• Neutral Sentiment: Bitcoin briefly rebounded after the sale, and some analysts argued the move may have improved liquidity and reduced near-term dividend pressure for Strategy.
• Negative Sentiment: The sale sparked criticism that Strategy is no longer following its old accumulation playbook, increasing uncertainty around the company’s long-term treasury strategy.
• Negative Sentiment: Commentary questioning Strategy’s mNAV and Bitcoin accounting math, along with comparisons to distressed or collapsing crypto situations, may weigh on sentiment toward MSTR.

Insider Buying and Selling

In other Strategy news, CFO Andrew Kang sold 33,062 shares of Strategy stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.73, for a total value of $3,925,451.26. Following the sale, the chief financial officer owned 68,733 shares of the company’s stock, valued at approximately $8,160,669.09. The trade was a 32.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 business’s 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. The trade was a 34.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have purchased 11,166 shares of company stock valued at $1,014,265 and have sold 192,222 shares valued at $25,018,037. 6.49% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MSTR. TD Cowen cut their price target on Strategy from $400.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Citigroup reissued a “buy” rating and issued a $136.00 price objective (down from $260.00) on shares of Strategy in a research note on Tuesday, June 30th. Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a report on Wednesday, June 24th. Mizuho cut their target price on Strategy from $265.00 to $213.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, B. Riley Financial upped their price target on Strategy from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $275.40.

Strategy Stock Performance

Strategy stock traded down $1.69 during mid-day trading on Tuesday, reaching $99.08. 3,528,733 shares of the company’s stock were exchanged, compared to its average volume of 21,757,967. The business’s fifty day simple moving average is $140.24 and its 200 day simple moving average is $143.32. The company has a quick ratio of 6.05, a current ratio of 6.05 and a debt-to-equity ratio of 0.22. Strategy Inc has a one year low of $81.81 and a one year high of $457.22. The firm has a market capitalization of $34.72 billion, a PE ratio of -2.46 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. On average, sell-side analysts expect that Strategy Inc will post 116.7 earnings per share for the current year.

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.