Strategy (NASDAQ:MSTR) Trading Up 5% – What’s Next?

Strategy Inc (NASDAQ:MSTR) shares shot up 5% on Monday . The company traded as high as $179.84 and last traded at $179.04. 23,027,782 shares changed hands during trading, an increase of 57% from the average session volume of 14,690,372 shares. The stock had previously closed at $170.50.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Cantor Fitzgerald reduced their price objective on shares of Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Canaccord Genuity Group raised their target price on shares of Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. TD Cowen reduced their price target on Strategy from $620.00 to $535.00 and set a “buy” rating for the company in a report on Friday, October 31st. China Renaissance began coverage on Strategy in a research report on Wednesday, October 15th. They set a “buy” rating and a $473.00 price target on the stock. Finally, Mizuho raised 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $485.80.

Strategy Trading Up 2.0%

The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The company has a market cap of $50.47 billion, a price-to-earnings ratio of 15.46 and a beta of 3.87. The company’s fifty day moving average price is $275.16 and its two-hundred day moving average price is $343.88.

Strategy (NASDAQ:MSTR) last announced 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 ($0.10) by $8.52. 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 $116.65 million. During the same quarter in the previous year, the firm posted ($1.56) earnings per share. The business’s revenue was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Transactions at Strategy

In related news, EVP Wei-Ming Shao sold 2,600 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total value of $525,252.00. Following the sale, the executive vice president directly owned 32,726 shares of the company’s stock, valued at $6,611,306.52. This trade represents a 7.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jane A. Dietze acquired 1,100 shares of Strategy stock in a transaction dated 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 purchase, the director directly owned 2,600 shares of the company’s stock, valued at approximately $247,728. The trade was a 73.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders purchased 37,380 shares of company stock valued at $3,632,719 and sold 53,177 shares valued at $17,122,166. Insiders own 8.46% of the company’s stock.

Institutional Investors Weigh In On Strategy

Several large investors have recently bought and sold shares of MSTR. CIBC Bancorp USA Inc. bought a new stake in shares of Strategy during the 3rd quarter valued at $6,129,000. Centaurus Financial Inc. lifted its position in Strategy by 15.0% in the third quarter. Centaurus Financial Inc. now owns 6,719 shares of the software maker’s stock worth $2,165,000 after buying an additional 877 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in Strategy by 210.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,349 shares of the software maker’s stock valued at $435,000 after acquiring an additional 915 shares during the period. Captrust Financial Advisors increased its stake in Strategy by 26.8% in the third quarter. Captrust Financial Advisors now owns 12,561 shares of the software maker’s stock worth $4,047,000 after purchasing an additional 2,657 shares during the period. Finally, Coldstream Capital Management Inc. boosted its stake in shares of Strategy by 26.6% during the third quarter. Coldstream Capital Management Inc. now owns 2,199 shares of the software maker’s stock valued at $708,000 after purchasing an additional 462 shares during the period. 59.84% of the stock is currently owned by institutional investors.

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.