NewEdge Advisors LLC Decreases Stock Position in Strategy Inc $MSTR

Key Points

• NewEdge Advisors cut its Strategy stake by 11.3% in the second quarter, selling 8,627 shares and retaining 67,705 shares valued at approximately $5.9 million. Institutional investors collectively own 59.84% of the company.
• Other institutions increased exposure, including Sei Investments, which raised its stake by 136%, and Manufacturers Life Insurance, which boosted holdings by 59.4%. Strategy shares opened at $130.97 and remain highly volatile, with a beta of 3.59.
• Strategy reported a substantial quarterly loss of $24.45 per share, missing the $2.19 consensus estimate, while revenue rose 6.9% year over year to $122.37 million. Despite the earnings miss, analysts maintain a consensus “Moderate Buy” rating with an average price target of $236.65.

NewEdge Advisors LLC trimmed its position in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 11.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,705 shares of the software maker's stock after selling 8,627 shares during the period. NewEdge Advisors LLC's holdings in Strategy were worth $5,886,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. acquired a new stake in shares of Strategy during the second quarter valued at about $396,000. Cary Street Partners Financial LLC acquired a new position in shares of Strategy in the second quarter worth about $202,000. Sei Investments Co. lifted its stake in shares of Strategy by 136.0% in the second quarter. Sei Investments Co. now owns 39,905 shares of the software maker's stock worth $16,125,000 after acquiring an additional 22,999 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Strategy by 59.4% in the second quarter. The Manufacturers Life Insurance Company now owns 19,215 shares of the software maker's stock valued at $7,767,000 after purchasing an additional 7,158 shares during the last quarter. Finally, Peapack Gladstone Financial Corp boosted its holdings in Strategy by 22.0% in the second quarter. Peapack Gladstone Financial Corp now owns 3,055 shares of the software maker's stock valued at $1,235,000 after purchasing an additional 550 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.

Strategy Price Performance

Shares of MSTR opened at $130.97 on Monday. The firm has a market cap of $50.32 billion, a price-to-earnings ratio of -1.35 and a beta of 3.59. The stock has a 50 day moving average of $107.81 and a 200-day moving average of $128.55. The company has a current ratio of 5.39, a quick ratio of 5.39 and a debt-to-equity ratio of 0.22. Strategy Inc has a 52 week low of $81.81 and a 52 week high of $365.21.

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

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Analyst upgrade supports shares: Strategy shares reportedly gapped higher after receiving an analyst upgrade, improving sentiment toward the company’s Bitcoin-focused treasury strategy. Specific details of the upgrade were not provided. Strategy Shares Gap Up After Analyst Upgrade
• Positive Sentiment: Crypto-treasury rally provides a tailwind: Strategy gained alongside Bitmine and SharpLink as Ethereum and the broader crypto market strengthened. The move highlights continued investor demand for publicly traded companies offering leveraged exposure to digital assets. Crypto Treasury Stocks Rally
• Neutral Sentiment: Bitcoin purchase pause adds uncertainty: Strategy reportedly held off on additional Bitcoin purchases while buying preferred stock. The decision may reflect capital-allocation flexibility, but it also limits near-term growth in the company’s Bitcoin holdings and could temper enthusiasm among investors seeking continued accumulation. Strategy Holds Off on Bitcoin Purchases
• Negative Sentiment: Recent volatility remains a risk: Strategy had declined more sharply than the broader market in the previous session, underscoring the stock’s elevated volatility and dependence on Bitcoin prices. Its beta of 3.59 also indicates that market moves can be amplified in either direction. Strategy Dips More Than Broader Market

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on MSTR shares. Wall Street Zen raised Strategy from a "strong sell" rating to a "sell" rating in a research report on Sunday, August 16th. Citigroup reissued a "buy" rating and set a $136.00 price target (down from $260.00) on shares of Strategy in a research report on Tuesday, June 30th. Mizuho set a $165.00 price target on shares of Strategy in a report on Monday, August 10th. TD Cowen reduced their price objective on shares of Strategy from $400.00 to $260.00 and set a "buy" rating on the stock in a research note on Tuesday, June 30th. Finally, B. Riley Financial raised their price objective on shares of Strategy from $155.00 to $175.00 and gave the stock a "buy" rating in a report on Thursday, September 3rd. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Strategy has a consensus rating of "Moderate Buy" and an average price target of $236.65.

Insider Buying and Selling at Strategy

In other Strategy news, CEO Phong Le bought 11,000 shares of the company's stock in a transaction on Monday, June 22nd. The shares were bought at an average cost of $90.80 per share, with a total value of $998,800.00. Following the completion of the acquisition, the chief executive officer owned 11,000 shares of the company's stock, valued at approximately $998,800. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jarrod Patten sold 1,850 shares of the firm's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $130.00, for a total transaction of $240,500.00. Following the completion of the transaction, the director owned 28,406 shares in the company, valued at approximately $3,692,780. The trade was a 6.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 12,450 shares of company stock valued at $1,414,854. 6.49% of the stock is owned by insiders.

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.

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