PKO Investment Management Joint Stock Co Cuts Holdings in Strategy Inc $MSTR

PKO Investment Management Joint Stock Co lowered its stake in Strategy Inc (NASDAQ:MSTR) by 72.2% during the first quarter, Holdings Channel.com reports. The firm owned 5,000 shares of the software maker’s stock after selling 13,000 shares during the quarter. PKO Investment Management Joint Stock Co’s holdings in Strategy were worth $624,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Fideuram Asset Management Ireland dac purchased a new stake in shares of Strategy during the fourth quarter worth approximately $25,000. Dogwood Wealth Management LLC raised its holdings in Strategy by 280.0% in the fourth quarter. Dogwood Wealth Management LLC now owns 190 shares of the software maker’s stock valued at $29,000 after acquiring an additional 140 shares in the last quarter. Wilkerson Advisory Group LLC purchased a new position in Strategy in the fourth quarter worth approximately $30,000. Binnacle Investments Inc lifted its stake in Strategy by 492.9% in the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock worth $34,000 after acquiring an additional 69 shares during the last quarter. Finally, Quarry LP grew its holdings in Strategy by 96.8% during the 4th quarter. Quarry LP now owns 246 shares of the software maker’s stock worth $37,000 after acquiring an additional 121 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on MSTR. Zacks Research downgraded shares of Strategy from a “hold” rating to a “strong sell” rating in a research report on Monday, May 18th. B. Riley Financial lifted their price objective on shares of Strategy from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Benchmark reiterated a “buy” rating on shares of Strategy in a research note on Tuesday, June 2nd. TD Cowen increased their target price on Strategy from $395.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, May 19th. Finally, Texas Capital upgraded Strategy to a “strong-buy” rating in a research note on Thursday, March 19th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $313.93.

Strategy Stock Performance

Shares of Strategy stock opened at $103.84 on Wednesday. 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 52 week low of $103.52 and a 52 week high of $457.22. The firm’s 50 day moving average is $151.81 and its two-hundred day moving average is $148.78. The firm has a market capitalization of $36.39 billion, a P/E ratio of -2.59 and a beta of 3.49.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Tuesday, May 5th. The software maker reported ($38.25) earnings per share for the quarter, missing the consensus estimate of ($0.86) by ($37.39). Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The company had revenue of $124.30 million for the quarter, compared to analysts’ expectations of $120.75 million. During the same quarter in the prior year, the firm posted ($16.49) EPS. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. Research analysts forecast that Strategy Inc will post 116.7 EPS for the current fiscal year.

Insider Activity at Strategy

In other Strategy news, Director Jarrod M. Patten sold 15,050 shares of the company’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $154.94, for a total value of $2,331,847.00. Following the completion of the transaction, the director owned 28,000 shares in the company, valued at $4,338,320. This represents a 34.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Andrew Kang sold 33,062 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.73, for a total value of $3,925,451.26. Following the transaction, the chief financial officer directly owned 68,733 shares in the company, valued at approximately $8,160,669.09. The trade was a 32.48% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have purchased 11,166 shares of company stock valued at $1,014,265 and have sold 192,122 shares valued at $25,030,501. Insiders own 6.49% of the company’s stock.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: CEO Phong Le bought 11,000 shares of Strategy (MSTR) at $90.80, a notable insider purchase that may signal management confidence in the stock’s long-term value. Article Title
• Positive Sentiment: Strategy disclosed it added 520 Bitcoin and increased its U.S. dollar reserve by $300 million to $1.4 billion, which could be viewed as strengthening liquidity and reaffirming its Bitcoin accumulation strategy. Article Title
• Positive Sentiment: Some analysts remain bullish, with one report reiterating a high upside case for MSTR, suggesting optimism still exists around Bitcoin exposure and long-term optionality. Article Title
• Neutral Sentiment: Media coverage continues to highlight Strategy’s massive Bitcoin treasury and its tight link to crypto price swings, keeping the stock trading more like a Bitcoin proxy than a software company. Article Title
• Negative Sentiment: Strategy’s largest preferred issue, STRC, has fallen below par, prompting concern that retail investors are selling and raising questions about how the company funds dividend payments. Article Title
• Negative Sentiment: Related reports say Strategy halted new STRC sales and even sold Bitcoin to cover preferred dividends, fueling worries about dilution, financing strain, and the durability of its capital structure. Article Title
• Negative Sentiment: Commentary from crypto-focused outlets says Strategy’s financing “engine” may be starting to creak as STRC trades well below par, adding to bearish sentiment around the stock. Article Title

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.