VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Strategy Inc $MSTR

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Strategy Inc (NASDAQ:MSTR) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 100,396 shares of the software maker’s stock, valued at approximately $8,727,000.

A number of other hedge funds also recently modified their holdings of MSTR. Binnacle Investments Inc grew its stake in Strategy by 492.9% during the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock worth $34,000 after buying an additional 69 shares in the last quarter. Wealth Watch Advisors INC acquired a new position in shares of Strategy in the 3rd quarter valued at approximately $44,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Strategy in the 4th quarter valued at approximately $25,000. Darwin Wealth Management LLC bought a new stake in shares of Strategy during the 2nd quarter worth approximately $77,000. Finally, Wilkerson Advisory Group LLC bought a new stake in shares of Strategy during the 4th quarter worth approximately $30,000. Institutional investors own 59.84% of the company’s stock.

Insiders Place Their Bets

In other Strategy news, Director Jarrod Patten sold 1,850 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $130.00, for a total value of $240,500.00. Following the completion of the transaction, the director owned 28,406 shares of the company’s stock, valued at $3,692,780. This represents a 6.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Phong Le bought 11,000 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was purchased at an average price of $90.80 per share, with a total value of $998,800.00. Following the completion of the transaction, the chief executive officer directly owned 11,000 shares of the company’s stock, valued at approximately $998,800. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 13,950 shares of company stock worth $1,615,809 in the last 90 days. 6.49% of the stock is currently owned by corporate insiders.

Strategy Price Performance

Shares of NASDAQ:MSTR opened at $136.52 on Wednesday. Strategy Inc has a one year low of $81.81 and a one year high of $365.21. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.39 and a quick ratio of 5.39. The company has a market cap of $52.46 billion, a price-to-earnings ratio of -1.40 and a beta of 3.59. The firm has a 50 day simple moving average of $105.87 and a 200 day simple moving average of $128.49.

Strategy (NASDAQ:MSTR) last posted its earnings results on Friday, July 31st. The software maker reported ($24.45) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.19) by ($22.26). Strategy had a negative return on equity of 74.18% and a negative net margin of 6,102.95%.The company had revenue of $122.37 million for the quarter, compared to the consensus estimate of $122.90 million. During the same period in the previous year, the firm posted $32.52 EPS. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. Research analysts predict that Strategy Inc will post -23.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on MSTR shares. UBS Group reissued a “buy” rating on shares of Strategy in a research note on Friday, July 31st. Alliance Global Partners initiated coverage on Strategy in a report on Tuesday, September 1st. They issued a “buy” rating and a $217.00 target price on the stock. Citigroup reissued a “buy” rating and set a $136.00 price target (down from $260.00) on shares of Strategy in a report on Tuesday, June 30th. Sanford C. Bernstein restated an “outperform” rating and set a $350.00 price objective (down from $450.00) on shares of Strategy in a research report on Wednesday, August 26th. Finally, Canaccord Genuity Group raised their price objective on Strategy from $175.00 to $179.00 and gave the company a “buy” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $236.65.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy repurchased approximately $176.3 million of STRC preferred stock between August 31 and September 7, buying back about 1.8 million shares. Management also doubled the authorization for its digital securities repurchase program to $2 billion, which could support the capital structure and improve value for remaining holders. Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
• Positive Sentiment: Strategy remains the largest corporate Bitcoin holder, with 845,050 BTC acquired for approximately $63.6 billion at an average cost of $75,412 per coin. Canaccord Genuity maintained a Buy rating and raised its price target from $175 to $179, implying substantial upside from the stock’s recent level. Strategy Expands Capital Return and Buyback Authorizations
• Neutral Sentiment: The company did not purchase additional Bitcoin during the latest reporting week, leaving its holdings unchanged. The pause may reflect an effort to prioritize preferred-stock buybacks, but it also reduces the near-term catalyst for investors who view MSTR primarily as a leveraged Bitcoin accumulation vehicle. Strategy’s We’re Back Bitcoin Buy Was a One-Week Thing
• Negative Sentiment: Bitcoin fell below $79,000, weighing on Strategy’s highly Bitcoin-sensitive valuation. Reports also highlighted that President Phong Le described the company’s “never sell” message as a marketing slogan rather than an absolute policy, potentially increasing uncertainty about future Bitcoin sales or capital-allocation decisions. Strategy stock dips as Bitcoin buying pauses and BTC falls below $79K

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.