HC Wainwright Has Lowered Expectations for Strategy (NASDAQ:MSTR) Stock Price

Strategy (NASDAQ:MSTR) had its target price decreased by equities researchers at HC Wainwright from $521.00 to $475.00 in a report released on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the software maker’s stock. HC Wainwright’s price target indicates a potential upside of 76.08% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. Mizuho boosted their price target on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a report on Monday, August 11th. Benchmark reissued a “buy” rating on shares of Strategy in a report on Friday. Canaccord Genuity Group reiterated a “buy” rating and issued a $464.00 target price on shares of Strategy in a research note on Tuesday, August 26th. BTIG Research dropped their target price on Strategy from $700.00 to $630.00 and set a “buy” rating for the company in a research note on Friday. Finally, Monness Crespi & Hardt set a $175.00 target price on Strategy and gave the company a “sell” rating in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $485.80.

Strategy Stock Up 6.0%

MSTR opened at $269.77 on Monday. The business’s fifty day moving average is $319.21 and its two-hundred day moving average is $363.55. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market cap of $76.49 billion, a price-to-earnings ratio of 23.75 and a beta of 3.83. Strategy has a one year low of $220.82 and a one year high of $543.00.

Strategy (NASDAQ:MSTR) last posted its earnings results on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $8.53. The company had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.76 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.During the same period in the previous year, the business earned ($1.56) earnings per share. Strategy’s quarterly revenue was up 10.9% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Transactions at Strategy

In other news, Director Gregg Winiarski purchased 10,000 shares of the company’s stock in a transaction on Friday, August 8th. The stock was bought at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the purchase, the director directly owned 10,000 shares of the company’s stock, valued at $976,500. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Wei-Ming Shao sold 30,000 shares of the stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total value of $10,721,100.00. Following the completion of the sale, the executive vice president owned 12,726 shares of the company’s stock, valued at approximately $4,547,890.62. This trade represents a 70.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have purchased 46,399 shares of company stock valued at $4,515,720 and have sold 65,000 shares valued at $24,099,750. 8.46% of the stock is owned by insiders.

Institutional Investors Weigh In On Strategy

Large investors have recently modified their holdings of the stock. Binnacle Investments Inc grew its stake in shares of Strategy by 492.9% in the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after buying an additional 69 shares in the last quarter. MCF Advisors LLC purchased a new position in Strategy in the second quarter valued at about $35,000. Maseco LLP purchased a new position in Strategy in the second quarter valued at about $36,000. AllSquare Wealth Management LLC boosted its holdings in Strategy by 100.0% in the second 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 last quarter. Finally, Quent Capital LLC purchased a new position in Strategy in the third quarter valued at about $33,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

About Strategy

Strategy Incorporated, formerly known as MicroStrategy, provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers Strategy ONE, a platform that allows non-technical users to access novel and actionable insights for decision-making, and Strategy Cloud for Government, which provides always-on threat monitoring designed to meet the strict technical and regulatory standards of governments and financial institutions.