Ethic Inc. Buys 9,741 Shares of Strategy Inc $MSTR

Ethic Inc. boosted its stake in Strategy Inc (NASDAQ:MSTR) by 335.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 12,641 shares of the software maker’s stock after buying an additional 9,741 shares during the period. Ethic Inc.’s holdings in Strategy were worth $4,073,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Binnacle Investments Inc boosted its holdings in shares of Strategy by 492.9% during 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 during the period. MCF Advisors LLC acquired a new stake in Strategy during the 2nd quarter worth approximately $35,000. Maseco LLP bought a new stake in Strategy in the 2nd quarter valued at $36,000. AllSquare Wealth Management LLC boosted its stake in Strategy by 100.0% in the 2nd quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker’s stock valued at $40,000 after purchasing an additional 50 shares during the period. Finally, SJS Investment Consulting Inc. grew its holdings in Strategy by 25.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after buying an additional 24 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on MSTR shares. China Renaissance started coverage on Strategy in a report on Wednesday, October 15th. They set a “buy” rating and a $473.00 target price for the company. BTIG Research dropped their price objective on shares of Strategy from $700.00 to $630.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Canaccord Genuity Group boosted their price objective on shares of Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Citigroup lowered their target price on shares of Strategy from $485.00 to $325.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Finally, HC Wainwright dropped their price target on shares of Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a research report on Monday, November 3rd. One 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’s stock. Based on data from MarketBeat, Strategy has an average rating of “Moderate Buy” and an average price target of $465.13.

Strategy Price Performance

MSTR stock opened at $155.62 on Wednesday. The company’s 50-day moving average price is $202.93 and its two-hundred day moving average price is $306.88. The firm has a market cap of $44.72 billion, a P/E ratio of 7.24 and a beta of 3.40. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.16. Strategy Inc has a 12 month low of $154.12 and a 12 month high of $457.22.

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

Key Strategy News

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

Insider Buying and Selling at Strategy

In other Strategy news, Director Jarrod M. Patten purchased 12,000 shares of the firm’s stock in a transaction dated Friday, October 17th. The shares were bought at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the purchase, the director owned 29,335 shares in the company, valued at approximately $2,841,974.80. This trade represents a 69.22% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jane A. Dietze purchased 1,100 shares of the stock in a transaction dated Friday, November 21st. The shares were acquired at an average cost of $95.28 per share, with a total value of $104,808.00. Following the acquisition, the director directly owned 2,600 shares in the company, valued at $247,728. This represents a 73.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have acquired 24,880 shares of company stock valued at $2,421,219 and have sold 43,177 shares valued at $13,564,266. Company insiders own 8.46% of the company’s stock.

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.