Handelsbanken Fonder AB Has $12.33 Million Holdings in Strategy Inc $MSTR

Handelsbanken Fonder AB cut its position in Strategy Inc (NASDAQ:MSTR) by 8.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 81,155 shares of the software maker’s stock after selling 7,868 shares during the quarter. Handelsbanken Fonder AB’s holdings in Strategy were worth $12,332,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of MSTR. Dogwood Wealth Management LLC grew its stake in Strategy by 280.0% in the 4th quarter. Dogwood Wealth Management LLC now owns 190 shares of the software maker’s stock valued at $29,000 after buying an additional 140 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in Strategy in the 3rd quarter valued at $32,000. Binnacle Investments Inc grew its stake in Strategy by 492.9% in the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after buying an additional 69 shares during the last quarter. City State Bank grew its stake in Strategy by 354.5% in the 4th quarter. City State Bank now owns 250 shares of the software maker’s stock valued at $38,000 after buying an additional 195 shares during the last quarter. Finally, Cheviot Value Management LLC acquired a new stake in Strategy in the 3rd quarter worth $39,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Strategy Stock Performance

NASDAQ MSTR opened at $164.85 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.05 and a quick ratio of 6.05. The firm has a market capitalization of $57.77 billion, a price-to-earnings ratio of -4.10 and a beta of 3.59. The company’s fifty day moving average is $152.34 and its two-hundred day moving average is $160.66. Strategy Inc has a 52-week low of $104.17 and a 52-week high of $457.22.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings results on Tuesday, May 5th. The software maker reported ($38.25) earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $120.75 million. During the same quarter in the prior year, the business earned ($16.49) earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. Equities research analysts forecast that Strategy Inc will post 116.7 EPS for the current year.

Trending Headlines about Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Michael Saylor said Strategy has already bought more Bitcoin this year than miners have produced, reinforcing the company’s “buy and hold BTC” thesis and signaling continued accumulation. Article Title
• Positive Sentiment: Saylor also told CNBC that tokenization could help investors “shop” for yield, keeping Strategy in the spotlight as a crypto-linked capital markets story rather than just a software company. Article Title
• Positive Sentiment: BeInCrypto reported that 13 of Strategy’s top 15 institutional shareholders added to their MSTR positions in Q1, suggesting some large investors were buying the pullback. Article Title
• Neutral Sentiment: Strategy’s earnings call and recent commentary emphasized that management may adjust dividend policy and continue using a mix of equity, credit, cash, and even Bitcoin sales to manage capital, which keeps the story flexible but also harder to model near term. Article Title
• Negative Sentiment: Investor sentiment was pressured by reports that Strategy could pause Bitcoin buying and may even sell Bitcoin before year-end as part of its capital management and debt-repurchase plans. Article Title
• Negative Sentiment: Zacks Research downgraded Strategy from Hold to Strong Sell, adding to caution around the stock. Article Title
• Negative Sentiment: Concerns over Bitcoin weakness also remain important, since MSTR tends to trade as a leveraged proxy for BTC and is sensitive to crypto price swings. Article Title

Analyst Upgrades and Downgrades

Several analysts have issued reports on MSTR shares. Wall Street Zen lowered shares of Strategy from a “hold” rating to a “sell” rating in a research report on Sunday, February 8th. BTIG Research restated a “buy” rating and issued a $350.00 price target (up from $250.00) on shares of Strategy in a research report on Wednesday, May 6th. Zacks Research lowered shares of Strategy from a “hold” rating to a “strong sell” rating in a research report on Monday. Mizuho set a $320.00 price target on shares of Strategy and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Finally, Canaccord Genuity Group set a $224.00 price target on shares of Strategy and gave the stock a “buy” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Strategy currently has an average rating of “Moderate Buy” and a consensus target price of $322.21.

Insider Buying and Selling

In related news, CFO Andrew Kang sold 5,597 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $165.78, for a total value of $927,870.66. Following the completion of the transaction, the chief financial officer owned 33,675 shares of the company’s stock, valued at $5,582,641.50. This represents a 14.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jarrod M. Patten sold 3,400 shares of Strategy stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $130.65, for a total value of $444,210.00. Following the sale, the director directly owned 28,000 shares in the company, valued at $3,658,200. The trade was a 10.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 41,549 shares of company stock valued at $6,510,803 over the last quarter. Corporate insiders own 6.49% of the company’s stock.

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.