Strategy (NASDAQ:MSTR) Sets New 1-Year Low – Here’s What Happened

Shares of Strategy Inc (NASDAQ:MSTR) hit a new 52-week low during trading on Friday . The company traded as low as $219.68 and last traded at $228.3280, with a volume of 3312789 shares traded. The stock had previously closed at $237.20.

Wall Street Analyst Weigh In

MSTR has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research report on Wednesday, October 8th. Wells Fargo & Company restated an “equal weight” rating and set a $54.00 target price (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. TD Cowen cut their price target on Strategy from $620.00 to $535.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Benchmark restated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Finally, Monness Crespi & Hardt set a $175.00 price target on shares of Strategy and gave the company a “sell” rating in a research report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Strategy currently has a consensus rating of “Moderate Buy” and an average target price of $485.80.

Strategy Trading Down 3.8%

The firm has a market cap of $64.71 billion, a price-to-earnings ratio of 20.17 and a beta of 3.87. The company’s 50-day moving average price is $311.78 and its 200-day moving average price is $361.07. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17.

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, beating analysts’ consensus estimates of ($0.11) by $8.53. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The firm had revenue of $128.69 million for the quarter, compared to analyst estimates of $116.76 million. During the same period last year, the company posted ($1.56) EPS. 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 Buying and Selling at Strategy

In other Strategy news, Director Jarrod M. Patten bought 12,000 shares of the company’s stock in a transaction dated Friday, October 17th. The stock was acquired at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the completion of the acquisition, the director directly owned 29,335 shares of the company’s stock, valued at $2,841,974.80. This represents a 69.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Wei-Ming Shao sold 30,000 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was 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 directly owned 12,726 shares of the company’s stock, valued at $4,547,890.62. This trade represents a 70.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have acquired 36,399 shares of company stock worth $3,539,220. 8.46% of the stock is currently owned by corporate insiders.

Institutional Trading of Strategy

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Strategy by 7.3% during the 3rd quarter. Vanguard Group Inc. now owns 19,884,275 shares of the software maker’s stock worth $6,406,912,000 after buying an additional 1,344,519 shares during the last quarter. Bell & Brown Wealth Advisors LLC purchased a new position in Strategy in the third quarter worth approximately $235,000. Tobam grew its position in Strategy by 103.5% in the third quarter. Tobam now owns 27,189 shares of the software maker’s stock worth $8,761,000 after acquiring an additional 13,831 shares during the period. State of New Jersey Common Pension Fund D increased its stake in Strategy by 9.2% during the third quarter. State of New Jersey Common Pension Fund D now owns 91,165 shares of the software maker’s stock worth $29,374,000 after acquiring an additional 7,714 shares during the last quarter. Finally, Pursue Wealth Partners LLC raised its position in Strategy by 72.5% in the third quarter. Pursue Wealth Partners LLC now owns 2,400 shares of the software maker’s stock valued at $773,000 after purchasing an additional 1,009 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

Strategy Company Profile

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.