Capstone Financial Advisors Inc. Has $531,000 Holdings in Strategy Inc $MSTR

Capstone Financial Advisors Inc. cut its holdings in shares of Strategy Inc (NASDAQ:MSTR) by 62.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,107 shares of the software maker’s stock after selling 10,117 shares during the period. Capstone Financial Advisors Inc.’s holdings in Strategy were worth $531,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSTR. California State Teachers Retirement System raised its position in Strategy by 8,577.0% in the 2nd quarter. California State Teachers Retirement System now owns 34,849,455 shares of the software maker’s stock valued at $3,029,463,000 after purchasing an additional 34,447,826 shares during the last quarter. Capital International Investors increased its stake in shares of Strategy by 37.3% in the fourth quarter. Capital International Investors now owns 20,614,868 shares of the software maker’s stock valued at $3,132,460,000 after buying an additional 5,600,573 shares in the last quarter. Amundi raised its holdings in shares of Strategy by 373.7% in the fourth quarter. Amundi now owns 4,790,702 shares of the software maker’s stock valued at $727,947,000 after buying an additional 3,779,340 shares during the last quarter. Norges Bank bought a new position in shares of Strategy in the fourth quarter valued at about $536,140,000. Finally, Capital Research Global Investors lifted its position in Strategy by 66.7% during the 4th quarter. Capital Research Global Investors now owns 7,008,535 shares of the software maker’s stock worth $1,064,963,000 after buying an additional 2,803,277 shares in the last quarter. 59.84% of the stock is owned by institutional investors and hedge funds.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy repurchased approximately 1.8 million STRC preferred shares for $176.3 million and doubled its digital securities repurchase authorization to $2 billion. Buying preferred stock below par could improve value for remaining holders and may provide a more attractive use of capital than purchasing Bitcoin at elevated prices. Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
• Positive Sentiment: Canaccord Genuity raised its price target for MSTR to $179 from $175 and maintained a Buy rating, implying analysts still see upside if Bitcoin recovers and Strategy’s treasury strategy gains traction. Why Is Strategy Stock Surging on Wednesday?
• Neutral Sentiment: Strategy’s Bitcoin holdings remain at approximately 845,050 BTC, acquired at an average cost of about $75,412 per coin. The company’s limited-edition Bitcoin-themed sneakers also sold out, but the merchandise activity is unlikely to materially affect valuation. Strategy Holds Off On Bitcoin Purchases As It Buys Preferred Stock
• Negative Sentiment: The pause in Bitcoin accumulation conflicts with Strategy’s core investor narrative and has prompted questions about whether management is becoming more defensive. Bitcoin weakness directly pressures the value of the company’s large crypto treasury and increases MSTR’s volatility. Strategy Put $176.3 Million Into Its Own Preferred Stock Instead of Bitcoin
• Negative Sentiment: Reports that Executive Vice President and General Counsel Thomas C. Chow exited his entire MSTR position add a minor governance and sentiment overhang, although the transaction does not change Strategy’s operating plan. Strategy’s EVP and General Counsel Exits MSTR Stock Entirely

Strategy Trading Down 2.8%

Shares of NASDAQ MSTR opened at $132.70 on Thursday. Strategy Inc has a fifty-two week low of $81.81 and a fifty-two week high of $365.21. The firm has a market capitalization of $50.99 billion, a P/E ratio of -1.37 and a beta of 3.59. 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’s 50 day simple moving average is $106.65 and its 200 day simple moving average is $128.52.

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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on MSTR shares. Monness Crespi & Hardt reaffirmed a “neutral” rating on shares of Strategy in a research note on Tuesday, June 2nd. HC Wainwright set a $325.00 price objective on shares of Strategy in a research report on Monday, August 3rd. Canaccord Genuity Group upped their price objective on Strategy from $175.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday. UBS Group reiterated a “buy” rating on shares of Strategy in a research report on Friday, July 31st. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $350.00 target price (down from $450.00) on shares of Strategy in a research report on Wednesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Strategy has a consensus rating of “Moderate Buy” and an average target price of $236.65.

Insider Activity

In related news, CEO Phong Le bought 11,000 shares of Strategy stock in a transaction on Monday, June 22nd. The shares were purchased at an average price of $90.80 per share, for a total transaction of $998,800.00. Following the completion of the acquisition, the chief executive officer owned 11,000 shares in the company, valued at approximately $998,800. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jarrod Patten sold 2,775 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $125.33, for a total value of $347,790.75. Following the transaction, the director owned 28,406 shares of the company’s stock, valued at $3,560,123.98. The trade was a 8.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 13,950 shares of company stock worth $1,615,809 in the last three months. Insiders own 6.49% of the company’s stock.

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.