Strategy (NASDAQ:MSTR) Trading Up 1.4% – Should You Buy?

Strategy Inc (NASDAQ:MSTR) shares shot up 1.4% during mid-day trading on Friday . The stock traded as high as $187.29 and last traded at $178.1070. 15,100,515 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 14,738,622 shares. The stock had previously closed at $175.64.

Analysts Set New Price Targets

MSTR has been the topic of a number of recent analyst reports. Cantor Fitzgerald decreased their target price on Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Citigroup initiated coverage on shares of Strategy in a research report on Tuesday, October 21st. They set a “buy” rating and a $485.00 price objective for the company. China Renaissance assumed coverage on shares of Strategy in a research report on Wednesday, October 15th. They issued a “buy” rating and a $473.00 target price on the stock. Benchmark reiterated a “buy” rating on shares of Strategy in a report on Friday, October 31st. Finally, Cowen reiterated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $485.80.

Strategy Trading Up 1.4%

The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The firm’s 50-day moving average price is $268.36 and its 200 day moving average price is $340.57. The company has a market cap of $51.18 billion, a price-to-earnings ratio of 15.68 and a beta of 3.87.

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

Insider Activity at Strategy

In other Strategy news, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the transaction, the executive vice president directly owned 12,726 shares of the company’s stock, valued at $4,547,890.62. The trade was a 70.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jarrod M. Patten bought 12,000 shares of the business’s stock in a transaction dated Friday, October 17th. The stock was acquired at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the purchase, the director directly owned 29,335 shares in the company, valued at approximately $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have purchased 37,380 shares of company stock valued at $3,632,719 and have sold 53,177 shares valued at $17,122,166. 8.46% of the stock is owned by insiders.

Hedge Funds Weigh In On Strategy

Institutional investors have recently bought and sold shares of the company. Pilgrim Partners Asia Pte Ltd purchased a new stake in Strategy in the third quarter worth $32,000. Quent Capital LLC bought a new position in shares of Strategy during the 3rd quarter worth $33,000. Binnacle Investments Inc lifted its stake in shares of Strategy by 492.9% during the 2nd 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 bought a new stake in Strategy during the 2nd quarter valued at $35,000. Finally, Maseco LLP bought a new position in shares of Strategy in the second quarter worth $36,000. 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.