Strategy (NASDAQ:MSTR) Stock Price Down 3.8% – Time to Sell?

Strategy Inc (NASDAQ:MSTR)’s stock price fell 3.8% on Tuesday . The company traded as low as $166.78 and last traded at $172.19. 18,931,162 shares changed hands during trading, an increase of 29% from the average session volume of 14,712,545 shares. The stock had previously closed at $179.04.

Analyst Ratings Changes

Several research firms recently commented on MSTR. Canaccord Genuity Group raised their price objective on shares of Strategy from $464.00 to $474.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. China Renaissance assumed coverage on Strategy in a research note on Wednesday, October 15th. They set a “buy” rating and a $473.00 price objective on the stock. Wells Fargo & Company restated an “equal weight” rating and issued a $54.00 target price (down previously from $65.00) on shares of Strategy in a research note on Tuesday, September 30th. Cowen reissued a “buy” rating on shares of Strategy in a report on Friday, October 31st. Finally, Cantor Fitzgerald reduced their price objective on shares of Strategy from $697.00 to $560.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Strategy currently has an average rating of “Moderate Buy” and a consensus price target of $485.80.

Strategy Stock Up 2.0%

The company has a market cap of $50.47 billion, a P/E ratio of 15.46 and a beta of 3.87. The stock has a 50-day moving average of $275.16 and a two-hundred day moving average of $343.88. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, beating the consensus estimate of ($0.10) by $8.52. The firm had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.65 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the firm posted ($1.56) earnings per share. 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 firm’s stock in a transaction that occurred on Friday, October 17th. The stock was bought at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the acquisition, the director directly owned 29,335 shares in the company, valued at $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jane A. Dietze acquired 1,100 shares of Strategy stock in a transaction on Friday, November 21st. The shares were bought at an average cost of $95.28 per share, for a total transaction of $104,808.00. Following the completion of the transaction, the director owned 2,600 shares in the company, valued at approximately $247,728. This trade represents a 73.33% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders acquired 37,380 shares of company stock valued at $3,632,719 and sold 53,177 shares valued at $17,122,166. 8.46% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Strategy

Institutional investors and hedge funds have recently made changes to their positions in the business. RiverFront Investment Group LLC purchased a new position in shares of Strategy in the 2nd quarter worth $3,561,000. Resona Asset Management Co. Ltd. lifted its holdings in shares of Strategy by 13.6% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 77,914 shares of the software maker’s stock valued at $31,298,000 after acquiring an additional 9,338 shares during the last quarter. Stevens Capital Management LP bought a new position in shares of Strategy in the 2nd quarter valued at about $35,967,000. Tradewinds LLC. purchased a new position in Strategy in the second quarter worth about $556,000. Finally, Swiss National Bank increased its stake in Strategy by 17.1% during the second quarter. Swiss National Bank now owns 749,300 shares of the software maker’s stock worth $302,890,000 after acquiring an additional 109,500 shares during the last quarter. Institutional investors 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.