Strategy (NASDAQ:MSTR) Shares Up 4.4% – Time to Buy?

Strategy Inc (NASDAQ:MSTR) shot up 4.4% during mid-day trading on Tuesday . The company traded as high as $203.05 and last traded at $203.9510. 3,158,954 shares were traded during trading, a decline of 78% from the average session volume of 14,374,261 shares. The stock had previously closed at $195.42.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on MSTR shares. BTIG Research decreased 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, October 31st. Monness Crespi & Hardt raised Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. Cantor Fitzgerald dropped their price target on Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Cowen reiterated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Finally, HC Wainwright decreased their price objective on 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 MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $485.80.

Strategy Price Performance

The company has a market cap of $60.51 billion, a price-to-earnings ratio of 18.35 and a beta of 3.87. The company’s 50 day moving average price is $295.91 and its 200 day moving average price is $354.20. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $8.52. The firm had revenue of $128.69 million during the quarter, compared to analysts’ expectations of $116.65 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.Strategy’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($1.56) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity at Strategy

In other news, EVP Wei-Ming Shao sold 2,600 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $223.67, for a total transaction of $581,542.00. Following the completion of the transaction, the executive vice president directly owned 32,726 shares of the company’s stock, valued at $7,319,824.42. This trade represents a 7.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jarrod M. Patten bought 12,000 shares of Strategy stock in a transaction that occurred on Friday, October 17th. The stock was bought at an average cost 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 $2,841,974.80. This represents a 69.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 36,399 shares of company stock worth $3,539,220 and sold 47,934 shares worth $16,067,946. 8.46% of the stock is owned by corporate insiders.

Institutional Trading of Strategy

A number of large investors have recently made changes to their positions in MSTR. Lindbrook Capital LLC lifted its holdings in Strategy by 15.4% in the 1st quarter. Lindbrook Capital LLC now owns 622 shares of the software maker’s stock valued at $179,000 after purchasing an additional 83 shares in the last quarter. HighPoint Advisor Group LLC raised its holdings in Strategy by 22.7% in the 1st quarter. HighPoint Advisor Group LLC now owns 4,462 shares of the software maker’s stock valued at $1,286,000 after acquiring an additional 825 shares during the last quarter. Wedbush Securities Inc. lifted its stake in shares of Strategy by 21.1% during the 1st quarter. Wedbush Securities Inc. now owns 10,503 shares of the software maker’s stock worth $3,028,000 after purchasing an additional 1,830 shares during the period. Navellier & Associates Inc. lifted its stake in shares of Strategy by 28.3% during the 1st quarter. Navellier & Associates Inc. now owns 6,156 shares of the software maker’s stock worth $1,775,000 after purchasing an additional 1,358 shares during the period. Finally, Pin Oak Investment Advisors Inc. boosted its holdings in shares of Strategy by 95.9% during the first quarter. Pin Oak Investment Advisors Inc. now owns 568 shares of the software maker’s stock worth $164,000 after purchasing an additional 278 shares during the last quarter. Institutional investors and hedge funds 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.