Brookstone Capital Management Sells 12,865 Shares of Strategy Inc $MSTR

Brookstone Capital Management cut its position in shares of Strategy Inc (NASDAQ:MSTR) by 84.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,395 shares of the software maker’s stock after selling 12,865 shares during the period. Brookstone Capital Management’s holdings in Strategy were worth $299,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of MSTR. Binnacle Investments Inc lifted 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 purchasing an additional 69 shares during the last quarter. Wealth Watch Advisors INC acquired a new position in Strategy during the third quarter worth approximately $44,000. Fideuram Asset Management Ireland dac bought a new stake in Strategy in the fourth quarter valued at approximately $25,000. Dogwood Wealth Management LLC raised its stake 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 buying an additional 140 shares during the period. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Strategy in the second quarter valued at approximately $77,000. 59.84% of the stock is owned by institutional investors.

Strategy Trading Up 12.6%

Shares of NASDAQ:MSTR opened at $92.68 on Tuesday. Strategy Inc has a 12-month low of $81.81 and a 12-month high of $457.22. The business has a 50 day moving average of $147.65 and a 200-day moving average of $146.08. The company has a quick ratio of 6.05, a current ratio of 6.05 and a debt-to-equity ratio of 0.22. The stock has a market cap of $32.48 billion, a PE ratio of -2.31 and a beta of 3.50.

Strategy (NASDAQ:MSTR) last announced its earnings results on Tuesday, May 5th. The software maker reported ($38.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.86) by ($37.39). The firm had revenue of $124.30 million for the quarter, compared to the consensus estimate of $120.75 million. Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.Strategy’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter last year, the business posted ($16.49) EPS. As a group, equities research analysts forecast that Strategy Inc will post 116.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MSTR. Benchmark reiterated a “buy” rating on shares of Strategy in a research note on Tuesday, June 2nd. Texas Capital upgraded Strategy to a “strong-buy” rating in a research note on Thursday, March 19th. Canaccord Genuity Group set a $163.00 price target on Strategy and gave the company a “buy” rating in a report on Wednesday, June 3rd. Zacks Research cut shares of Strategy from a “hold” rating to a “strong sell” rating in a research report on Monday, May 18th. Finally, B. Riley Financial upped their price objective on shares of Strategy from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $313.93.

Insider Buying and Selling at Strategy

In other news, Director Jarrod M. Patten sold 15,050 shares of Strategy stock in a transaction on Friday, May 29th. The stock was sold at an average price of $154.94, for a total transaction of $2,331,847.00. Following the completion of the sale, the director owned 28,000 shares of the company’s stock, valued at approximately $4,338,320. This trade represents a 34.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Andrew Kang sold 33,062 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.73, for a total transaction of $3,925,451.26. Following the completion of the sale, the chief financial officer directly owned 68,733 shares of the company’s stock, 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 bought 11,166 shares of company stock valued at $1,014,265 and have sold 193,622 shares valued at $25,189,621. Insiders own 6.49% of the company’s stock.

Key Headlines Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy authorized up to $1.25 billion of Bitcoin sales to build its U.S. dollar reserve and support funding needs, which investors viewed as a way to reduce liquidity risk and strengthen the balance sheet. Article Title
• Positive Sentiment: The company also launched $2 billion in buybacks split between common stock and preferred securities, a shareholder-friendly move that helped lift sentiment around MSTR. Article Title
• Positive Sentiment: Strategy raised the STRC preferred dividend rate to 12% and said it now holds about $2.55 billion in cash reserves, which appears to ease near-term concerns about preferred payouts and funding pressure. Article Title
• Neutral Sentiment: Management framed the changes as a way to preserve long-term Bitcoin exposure while improving capital flexibility, so the market is also reacting to a strategic pivot rather than a full retreat from Bitcoin. Article Title
• Negative Sentiment: The backdrop remains fragile: Bitcoin has been under pressure, Strategy’s valuation recently fell below the value of its Bitcoin holdings, and critics argue the company’s funding model is under strain. Article Title
• Negative Sentiment: Some analysts and commentators warned that selling Bitcoin could pressure crypto prices and signal deeper stress in Strategy’s treasury strategy, keeping a cautionary tone around the stock. Article Title

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.