Strategy (NASDAQ:MSTR) Trading Down 1.3% – What’s Next?

Shares of Strategy Inc (NASDAQ:MSTR) traded down 1.3% during mid-day trading on Thursday . The company traded as low as $157.43 and last traded at $158.24. 17,370,917 shares traded hands during mid-day trading, an increase of 14% from the average session volume of 15,201,453 shares. The stock had previously closed at $160.38.

Analyst Ratings Changes

Several equities analysts recently weighed in on MSTR shares. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $54.00 price objective (down previously from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. China Renaissance initiated coverage on Strategy in a research report on Wednesday, October 15th. They issued a “buy” rating and a $473.00 price target on the stock. Cantor Fitzgerald reiterated an “overweight” rating on shares of Strategy in a research note on Friday, December 5th. Monness Crespi & Hardt upgraded shares of Strategy from a “sell” rating to a “neutral” rating in a research note on Monday, November 10th. Finally, Cowen reiterated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Strategy presently has an average rating of “Moderate Buy” and an average price target of $475.80.

Strategy Stock Performance

The stock has a 50 day moving average price of $228.48 and a two-hundred day moving average price of $321.39. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.66 and a quick ratio of 0.66. The company has a market capitalization of $45.47 billion, a price-to-earnings ratio of 7.36 and a beta of 3.40.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $8.52. The firm had revenue of $128.69 million for the quarter, compared to analyst estimates of $116.65 million. Strategy had a net margin of 1,667.09% and a return on equity of 20.98%. The company’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity

In other news, Director Jarrod M. Patten bought 12,000 shares of the company’s stock in a transaction dated 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 transaction, 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 position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Jane A. Dietze purchased 1,100 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was purchased at an average price of $95.28 per share, for a total transaction of $104,808.00. Following the acquisition, the director owned 2,600 shares of the company’s stock, valued at $247,728. The trade was a 73.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders bought 24,880 shares of company stock valued at $2,421,219 and sold 43,177 shares valued at $13,564,266. Insiders own 8.46% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake 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 acquiring an additional 1,344,519 shares during the period. Capital International Investors boosted its position in Strategy by 2.6% during the third quarter. Capital International Investors now owns 15,014,295 shares of the software maker’s stock worth $4,837,778,000 after purchasing an additional 383,207 shares during the period. State Street Corp increased its holdings in shares of Strategy by 9.2% in the third quarter. State Street Corp now owns 5,989,048 shares of the software maker’s stock valued at $1,929,731,000 after purchasing an additional 504,479 shares during the last quarter. Capital Research Global Investors raised its position in shares of Strategy by 33.6% in the third quarter. Capital Research Global Investors now owns 4,205,258 shares of the software maker’s stock valued at $1,354,982,000 after purchasing an additional 1,057,804 shares during the period. Finally, Norges Bank bought a new stake in shares of Strategy during the 2nd quarter worth about $1,203,062,000. 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.