NEOS Investment Management LLC Buys 35,169 Shares of Strategy Inc $MSTR

NEOS Investment Management LLC increased its stake in Strategy Inc (NASDAQ:MSTR) by 85.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 76,287 shares of the software maker’s stock after acquiring an additional 35,169 shares during the quarter. NEOS Investment Management LLC’s holdings in Strategy were worth $24,580,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Wealthcare Advisory Partners LLC increased its holdings in Strategy by 8.9% in the third quarter. Wealthcare Advisory Partners LLC now owns 6,590 shares of the software maker’s stock worth $2,123,000 after purchasing an additional 538 shares in the last quarter. Merit Financial Group LLC grew its holdings in shares of Strategy by 9.1% during the third quarter. Merit Financial Group LLC now owns 11,838 shares of the software maker’s stock valued at $3,814,000 after buying an additional 986 shares during the last quarter. Vanguard Group Inc. increased its holdings in Strategy by 7.3% during the 3rd quarter. Vanguard Group Inc. now owns 19,884,275 shares of the software maker’s stock worth $6,406,912,000 after purchasing an additional 1,344,519 shares in the last quarter. Bell & Brown Wealth Advisors LLC purchased a new stake in Strategy in the 3rd quarter valued at $235,000. Finally, Tobam lifted its position in shares of Strategy by 103.5% during the third quarter. Tobam now owns 27,189 shares of the software maker’s stock valued at $8,761,000 after purchasing an additional 13,831 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Strategy Stock Performance

Shares of MSTR stock opened at $133.88 on Tuesday. The stock has a fifty day moving average of $156.26 and a 200 day moving average of $246.51. Strategy Inc has a 52 week low of $104.17 and a 52 week high of $457.22. The company has a quick ratio of 0.66, a current ratio of 5.62 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $38.47 billion, a price-to-earnings ratio of -7.28 and a beta of 3.54.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings results on Thursday, February 5th. The software maker reported ($42.93) earnings per share (EPS) for the quarter, missing the consensus estimate of $46.02 by ($88.95). Strategy had a negative net margin of 806.34% and a negative return on equity of 8.74%. The company had revenue of $122.99 million for the quarter, compared to analysts’ expectations of $117.42 million. During the same quarter in the prior year, the firm earned ($3.03) EPS. Strategy’s quarterly revenue was up 1.9% compared to the same quarter last year.

Trending Headlines about Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Management signaled continued Bitcoin purchases (recently added ~1,142 BTC) and hints at a 99th buy, which investors view as a bullish commitment to the firm’s long-term treasury strategy. Strategy (MSTR) Stock Gains 9% as Saylor Teases 99th Bitcoin Buy
• Positive Sentiment: Company publicly stated it can survive a steep Bitcoin crash (down to ~$8k) and plans to “equitize” ~$6B of convertible debt over several years, a move intended to lower leverage and reassure creditors and lenders. Strategy says it can survive even if bitcoin drops to $8,000 and will ‘equitize’ debt
• Neutral Sentiment: The convertible-to-equity plan is multi-year and interest remains payable while conversions are pending; the ultimate impact depends on execution, market access and future BTC moves. Investors are parsing the timeline and terms for dilution vs. reduced leverage. Strategy (MSTR) plans to swap $6B convertible debt for equity
• Negative Sentiment: Equitization transfers downside risk to shareholders via dilution; Strategy still carries large unrealized Bitcoin losses (reported in the tens of billions) and negative operating earnings, leaving the stock highly sensitive to BTC price swings and market liquidity conditions. Bitcoin At $8,000? Michael Saylor Says Strategy Still Won’t Break

Insider Activity at Strategy

In other news, Director Carl J. Rickertsen acquired 5,000 shares of the stock in a transaction on Monday, January 12th. The stock was acquired at an average price of $155.88 per share, with a total value of $779,400.00. Following the completion of the transaction, the director owned 5,000 shares of the company’s stock, valued at $779,400. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jane A. Dietze bought 1,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were acquired at an average price of $99.48 per share, for a total transaction of $99,480.00. Following the acquisition, the director owned 3,600 shares in the company, valued at approximately $358,128. This represents a 38.46% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 7,112 shares of company stock worth $984,888 over the last ninety days. 8.46% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on MSTR. Cantor Fitzgerald initiated coverage on Strategy in a research note on Tuesday, January 27th. They issued an “overweight” rating for the company. Citigroup dropped their target price on Strategy from $485.00 to $325.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. Wall Street Zen lowered shares of Strategy from a “hold” rating to a “sell” rating in a research report on Sunday, February 8th. Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research report on Monday, December 29th. Finally, Canaccord Genuity Group set a $185.00 target price on Strategy and gave the stock a “buy” rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $374.14.

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.