Merit Financial Group LLC Trims Stake in Strategy Inc $MSTR

Merit Financial Group LLC reduced its position in shares of Strategy Inc (NASDAQ:MSTR) by 53.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,511 shares of the software maker’s stock after selling 6,327 shares during the period. Merit Financial Group LLC’s holdings in Strategy were worth $837,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MSTR. Pilgrim Partners Asia Pte Ltd purchased a new position in Strategy in the third quarter worth $32,000. Quent Capital LLC purchased a new position in Strategy in the third quarter worth $33,000. Binnacle Investments Inc grew its position 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 in the last quarter. SOA Wealth Advisors LLC. grew its position in Strategy by 44.4% in the third quarter. SOA Wealth Advisors LLC. now owns 117 shares of the software maker’s stock worth $38,000 after acquiring an additional 36 shares in the last quarter. Finally, Salomon & Ludwin LLC purchased a new position in Strategy in the third quarter worth $39,000. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Strategy Stock Performance

Strategy stock opened at $171.02 on Friday. The company has a quick ratio of 5.62, a current ratio of 5.62 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $57.08 billion, a PE ratio of -9.29 and a beta of 3.55. The firm has a fifty day simple moving average of $137.90 and a two-hundred day simple moving average of $176.62. Strategy Inc has a twelve month low of $104.17 and a twelve month high of $457.22.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings results on Thursday, February 5th. The software maker reported ($42.93) earnings per share for the quarter, missing the consensus estimate of $46.02 by ($88.95). The business had revenue of $122.99 million during the quarter, compared to the consensus estimate of $117.42 million. Strategy had a negative return on equity of 8.74% and a negative net margin of 806.34%.The business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($3.03) earnings per share. Research analysts expect that Strategy Inc will post 136.35 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Zacks Research lowered shares of Strategy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. HC Wainwright reiterated a “buy” rating on shares of Strategy in a research report on Friday, February 6th. Wall Street Zen lowered shares of Strategy from a “hold” rating to a “sell” rating in a research report on Sunday, February 8th. Canaccord Genuity Group set a $185.00 target price on shares of Strategy and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $327.00.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Major treasury buy — Strategy disclosed a ~34,164 BTC purchase (~US$2.54B), lifting its corporate bitcoin holdings above 800k BTC and overtaking BlackRock’s IBIT as the largest institutional holder; this is the primary bullish catalyst supporting MSTR as a bitcoin‑proxy trade. Strategy (MSTR) Is Up 15.8% After Record US$2.54B Bitcoin Buy
• Positive Sentiment: Institutional flows & endorsements — Reports of large institutional purchases (e.g., Capital Group) and continued ETF inflows into BTC have supported investor appetite for MSTR equity as a levered bitcoin exposure. Capital Group Is Doubling Down on MicroStrategy
• Positive Sentiment: Bitcoin market tailwind — BTC’s rally into the mid/high‑$70k area is mechanically boosting MSTR (high correlation); on‑chain data show net accumulation by long‑term holders and institutions, reinforcing the thesis. Strategy stock beats Bitcoin after rising 25% in a month
• Neutral Sentiment: Analyst coverage & positioning — Some brokers raised price targets (B. Riley, Cantor Fitzgerald), and commentary framing MSTR as a leveraged‑BTC vehicle influences sentiment but does not change on‑chain reserves or cash flows. Analyst revamps Strategy price target
• Negative Sentiment: Funding and execution risk — The company has funded large BTC purchases largely via equity and the STRC perpetual preferred program; that raises financing cost, dilution and cadence risk if STRC pricing weakens or market financing tightens. STRC Buys 10X More Bitcoin Than All ETFs in 2026
• Negative Sentiment: Public criticism & headline risk — High‑profile critics (e.g., Peter Schiff) and media stories labeling STRC as risky have created reputational/headline volatility that can sap momentum even when BTC is rising. Peter Schiff Labels STRC ‘Ponzi’
• Negative Sentiment: Operational signals — Small director share sales were disclosed this week, adding to near‑term noise; regulators/market participants will watch STRC pricing and equity issuance carefully. Insider selling filing

Insiders Place Their Bets

In other Strategy news, CAO Jeanine Montgomery sold 470 shares of the business’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $138.33, for a total value of $65,015.10. Following the completion of the sale, the chief accounting officer directly owned 10,423 shares of the company’s stock, valued at $1,441,813.59. The trade was a 4.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Phong Le sold 3,299 shares of the business’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $138.33, for a total transaction of $456,350.67. Following the completion of the sale, the chief executive officer directly owned 22,923 shares of the company’s stock, valued at $3,170,938.59. This represents a 12.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 21,452 shares of company stock valued at $3,031,314 over the last three months. Insiders own 8.46% 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.