California Public Employees Retirement System Has $144.40 Million Stock Position in Strategy Inc $MSTR

California Public Employees Retirement System grew its holdings in Strategy Inc (NASDAQ:MSTR) by 9.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 448,157 shares of the software maker’s stock after acquiring an additional 37,561 shares during the quarter. California Public Employees Retirement System owned 0.16% of Strategy worth $144,401,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of MSTR. Norges Bank bought a new stake in Strategy in the second quarter valued at about $1,203,062,000. Amundi increased its holdings in Strategy by 378.9% during the 2nd quarter. Amundi now owns 1,783,982 shares of the software maker’s stock valued at $717,660,000 after purchasing an additional 1,411,500 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Strategy by 7.3% in the third quarter. Vanguard Group Inc. now owns 19,884,275 shares of the software maker’s stock valued at $6,406,912,000 after buying an additional 1,344,519 shares in the last quarter. Capital Research Global Investors increased its position in Strategy by 33.6% in the 3rd quarter. Capital Research Global Investors now owns 4,205,258 shares of the software maker’s stock valued at $1,354,982,000 after acquiring an additional 1,057,804 shares in the last quarter. Finally, Harvest Portfolios Group Inc. raised its position in Strategy by 119.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker’s stock worth $499,593,000 after purchasing an additional 842,480 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Strategy

In other news, CFO Andrew Kang sold 916 shares of Strategy stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $137.25, for a total value of $125,721.00. Following the completion of the transaction, the chief financial officer owned 23,815 shares of the company’s stock, valued at $3,268,608.75. This trade represents a 3.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Carl J. Rickertsen acquired 5,000 shares of the stock in a transaction dated Monday, January 12th. The shares were purchased at an average price of $155.88 per share, for a total transaction of $779,400.00. Following the completion of the purchase, the director directly owned 5,000 shares in the company, valued at $779,400. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have acquired 6,012 shares of company stock valued at $880,080 and have sold 3,210 shares valued at $440,573. 8.46% of the stock is owned by insiders.

Wall Street Analyst Weigh In

MSTR has been the subject of a number of recent research reports. Cantor Fitzgerald started coverage on shares of Strategy in a research note on Tuesday, January 27th. They set an “overweight” rating for the company. HC Wainwright reaffirmed a “buy” rating on shares of Strategy in a research note on Friday, February 6th. Mizuho set a $320.00 target price on Strategy and gave the stock an “outperform” rating in a report on Tuesday, February 17th. Wall Street Zen cut shares of Strategy from a “hold” rating to a “sell” rating in a report on Sunday, February 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $368.21.

Key Headlines Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Bitcoin strength lifted crypto-linked equities, giving Strategy direct upside as BTC trades higher and market attention returns. Bitcoin Rises to $73,000, Boosting Crypto Stocks
• Positive Sentiment: Strategy continued large BTC accumulation (reported recent buys), reinforcing its thesis that holding Bitcoin drives its equity performance and explaining part of today’s buying interest. Bitcoin Price From $70,000 To $110,000 In 2 Months? Analyst Reveals How
• Positive Sentiment: New trading products (USDt-settled perpetuals tied to MSTR) on crypto exchanges expand around-the-clock exposure for traders, likely increasing short-term volume and volatility in the stock. KuCoin launches perpetual futures tracking Tesla and Strategy stocks
• Neutral Sentiment: Analyst attention is rising — some brokerage notes and initiations (including B. Riley coverage and bullish price-target commentary) are spotlighting upside potential, which can support buying momentum. Why This Analyst Is Betting That MicroStrategy Stock Can Gain 25% from Here
• Neutral Sentiment: Company leadership (Michael Saylor and others) is framing recent purchases as a long-term strategy, which may calm some investors but also implies multi-year risk/reward rather than near-term certainty. Michael Saylor Urges Long-Term View as Strategy Expands Bitcoin Holdings
• Negative Sentiment: Insiders (CEO, CFO, CAO) reported recent share sales — these filings can weigh on sentiment, especially when combined with a highly concentrated BTC-driven thesis. Phong Le Insider Trade
• Negative Sentiment: Elevated short interest and headlines about “lookalike” firms that bought crypto and later collapsed increase perceived downside risk; Strategy remains exposed to large unrealized BTC losses and Q4 fundamentals remain weak by some metrics. Strategy Lookalikes Loaded Up on Crypto—and Their Stocks Collapsed. What’s Next.
• Negative Sentiment: Commentary noting a surge in short interest vs. bullish price targets suggests higher volatility ahead — upside is tied to BTC moves, but downside could be sharp if sentiment reverses. Expert Predicts MSTR Stock Rally To $180 Even as Strategy’s Short Interest Surges

Strategy Trading Up 1.7%

NASDAQ MSTR opened at $139.67 on Monday. The company has a market cap of $46.61 billion, a PE ratio of -7.59 and a beta of 3.55. The company has a current ratio of 5.62, a quick ratio of 5.62 and a debt-to-equity ratio of 0.18. Strategy Inc has a 12 month low of $104.17 and a 12 month high of $457.22. The stock has a 50 day moving average of $144.79 and a 200-day moving average of $215.04.

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

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.