CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT Has $8.06 Million Stock Position in Strategy Inc $MSTR

CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its position in shares of Strategy Inc (NASDAQ:MSTR) by 25.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,000 shares of the software maker’s stock after purchasing an additional 5,000 shares during the quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT’s holdings in Strategy were worth $8,055,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Binnacle Investments Inc grew its holdings in Strategy by 492.9% during the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock worth $34,000 after acquiring an additional 69 shares during the period. MCF Advisors LLC acquired a new position in shares of Strategy in the 2nd quarter valued at $35,000. Maseco LLP bought a new position in shares of Strategy in the 2nd quarter worth $36,000. AllSquare Wealth Management LLC grew its stake in shares of Strategy by 100.0% during the second quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker’s stock worth $40,000 after purchasing an additional 50 shares during the period. Finally, SJS Investment Consulting Inc. increased its holdings in Strategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after purchasing an additional 24 shares during the last quarter. Institutional investors own 59.84% of the company’s stock.

Analysts Set New Price Targets

MSTR has been the topic of a number of recent analyst reports. TD Cowen reduced their target price on Strategy from $620.00 to $535.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Strategy in a research note on Monday. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Strategy in a research note on Friday, December 5th. BTIG Research cut their target price on shares of Strategy from $700.00 to $630.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Finally, HC Wainwright decreased their price target on shares of Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Strategy presently has an average rating of “Moderate Buy” and an average price target of $465.13.

Insider Transactions at Strategy

In other news, Director Jane A. Dietze purchased 1,100 shares of Strategy stock in a transaction on Friday, November 21st. The stock was purchased at an average price of $95.28 per share, with a total value of $104,808.00. Following the transaction, the director directly owned 2,600 shares in the company, valued at $247,728. The trade was a 73.33% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Jarrod M. Patten purchased 12,000 shares of the firm’s stock in a transaction dated Friday, October 17th. The shares were acquired at an average cost of $96.88 per share, with a total value of $1,162,560.00. Following the completion of the purchase, the director directly owned 29,335 shares in the company, valued at approximately $2,841,974.80. This represents a 69.22% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders bought 24,880 shares of company stock valued at $2,421,219 and sold 43,177 shares valued at $13,564,266. 8.46% of the stock is owned by insiders.

Strategy News Summary

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy added another 1,229 BTC (~$109M), increasing its digital-treasury scale and reinforcing the company’s long-term BTC exposure — a potential upside if bitcoin recovers. Strategy Adds 1,229 BTC as Schiff Questions Funding Source
• Neutral Sentiment: Company disclosure: recent BTC purchases were funded through ATM (at-the-market) stock sales — this raises capital efficiency questions but also shows a steady funding mechanism for the treasury strategy. Strategy Expands Bitcoin Treasury Using ATM Stock Proceeds
• Neutral Sentiment: Insider activity is mixed: insiders bought in 2025 but overall insider selling and heavy institutional rotation in Q4 suggest weakening conviction — useful context but not a clear directional signal. Insiders Made Their Bets in 2025—These Were the Top 5 Stocks They Bought
• Negative Sentiment: Citi cut its price target (reiterated Buy but lowered PT materially), reflecting concerns about valuation, dilution and NAV pressure from BTC volatility — analyst downgrades/pt cuts can weigh on sentiment. Citi Lowers PT on Strategy Inc (MSTR), Here’s Why
• Negative Sentiment: Market reaction: shares tumbled to multi‑month lows after another round of equity issuance to fund BTC buys and amid a pullback in bitcoin’s price — investors are penalizing dilution and fearing NAV drawdown. Strategy’s stock falls to fresh lows after using more share sales to buy bitcoin
• Negative Sentiment: High-profile critics and media coverage highlight financing risks and question the sustainability of funding BTC buys via equity — this amplifies headline risk and short‑term selling pressure. Peter Schiff Says Bitcoin Is As High As It Is Due To Michael Saylor, But Predicts Strategy Chair Will ‘Run Out Of Firepower’ Eventually

Strategy Stock Up 0.1%

Shares of MSTR stock opened at $155.62 on Wednesday. Strategy Inc has a 12-month low of $154.12 and a 12-month high of $457.22. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.16. The firm has a fifty day moving average of $202.93 and a 200-day moving average of $306.88. The company has a market capitalization of $44.72 billion, a price-to-earnings ratio of 7.24 and a beta of 3.40.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, beating the consensus estimate of ($0.10) by $8.52. The business had revenue of $128.69 million for the quarter, compared to analysts’ expectations of $116.65 million. Strategy had a net margin of 1,667.09% and a return on equity of 20.98%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

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.