Strategy Inc $MSTR Shares Purchased by Rakuten Investment Management Inc.

Key Points

• Rakuten Investment Management increased its Strategy stake by 19.7% in the third quarter, adding 7,984 shares to hold 48,601 shares valued at $7.5 million. Institutional investors collectively own 59.84% of the company.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of $244.79. Shares opened at $129.30, while recent coverage also highlighted downside risks tied to Bitcoin’s price swings and Strategy’s valuation.
• Strategy beat quarterly EPS expectations, reporting $44.75 versus analysts’ $20.19 estimate, but revenue fell 2.5% year over year and came in below consensus.

Rakuten Investment Management Inc. increased its position in Strategy Inc (NASDAQ:MSTR - Free Report) by 19.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,601 shares of the software maker's stock after purchasing an additional 7,984 shares during the period. Rakuten Investment Management Inc.'s holdings in Strategy were worth $7,517,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. State Street Corp increased its stake in Strategy by 7.2% during the 2nd quarter. State Street Corp now owns 7,527,561 shares of the software maker's stock valued at $654,371,000 after purchasing an additional 506,635 shares in the last quarter. Bank of America Corp DE raised its holdings in Strategy by 3.1% in the first quarter. Bank of America Corp DE now owns 3,965,680 shares of the software maker's stock worth $494,917,000 after buying an additional 117,374 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of Strategy by 122.6% in the first quarter. Renaissance Technologies LLC now owns 2,130,881 shares of the software maker's stock worth $265,934,000 after buying an additional 1,173,549 shares in the last quarter. National Pension Service lifted its stake in shares of Strategy by 10.4% in the second quarter. National Pension Service now owns 907,442 shares of the software maker's stock worth $78,884,000 after buying an additional 85,457 shares in the last quarter. Finally, Swiss National Bank lifted its stake in shares of Strategy by 7.1% in the first quarter. Swiss National Bank now owns 766,100 shares of the software maker's stock worth $95,609,000 after buying an additional 50,720 shares in the last quarter. Institutional investors own 59.84% of the company's stock.

More Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy’s STRC preferred shares returned to their $100 par value for the first time since May, a possible sign of improved investor confidence in the security and its role in funding the company’s Bitcoin strategy. Strategy's STRC hits par
• Negative Sentiment: Bitcoin’s drop below $76,000, alongside a technology-sector selloff, pulled down crypto-linked stocks including MSTR. Because Strategy’s valuation is closely tied to Bitcoin, sharp declines in the cryptocurrency can amplify pressure on its shares. Strategy sinks as Bitcoin tumbles
• Negative Sentiment: Commentary highlighted the risk that MSTR can lag Bitcoin during downturns or periods of consolidation, particularly if investor demand and the stock’s valuation premium weaken. Risks of Strategy's Bitcoin bet

Analyst Ratings Changes

A number of research firms have recently commented on MSTR. Citigroup reiterated 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. Zacks Research upgraded shares of Strategy from a "strong sell" rating to a "hold" rating in a report on Monday, September 21st. UBS Group reaffirmed a "buy" rating on shares of Strategy in a research report on Friday, July 31st. Cantor Fitzgerald increased their target price on Strategy from $186.00 to $208.00 and gave the company an "overweight" rating in a research note on Friday, October 16th. Finally, HC Wainwright reiterated a "buy" rating and set a $250.00 target price on shares of Strategy in a research note on Friday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Strategy has a consensus rating of "Moderate Buy" and an average target price of $244.79.

Strategy Price Performance

Shares of NASDAQ:MSTR opened at $129.30 on Friday. Strategy Inc has a fifty-two week low of $81.81 and a fifty-two week high of $252.34. The business has a 50-day simple moving average of $144.60 and a two-hundred day simple moving average of $133.72. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.39 and a current ratio of 4.04. The firm has a market cap of $49.68 billion, a price-to-earnings ratio of -2.12 and a beta of 3.60.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The software maker reported $44.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $20.19 by $24.56. The firm had revenue of $125.43 million for the quarter, compared to the consensus estimate of $127.76 million. Strategy had a negative net margin of 2,760.33% and a negative return on equity of 32.71%. The business's quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $8.42 EPS. On average, analysts expect that Strategy Inc will post -13.01 earnings per share for the current year.

Insider Buying and Selling at Strategy

In related news, Director Jarrod Patten sold 2,775 shares of the 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 represents a 8.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 10,200 shares of company stock worth $1,443,356 over the last three months. 5.40% 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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