Strategy (NASDAQ:MSTR) Given a $143,000.00 Price Target by Citigroup Analysts

Strategy (NASDAQ:MSTR) received a $143,000.00 price target from equities research analysts at Citigroup in a research note issued on Friday,MarketScreener reports.

Other equities analysts also recently issued reports about the company. Cowen reissued a “buy” rating on shares of Strategy in a research report on Friday, October 31st. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a report on Friday, December 5th. Canaccord Genuity Group boosted their target price on shares of Strategy from $464.00 to $474.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. HC Wainwright dropped their target price on Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Finally, TD Cowen dropped their price objective on Strategy from $620.00 to $535.00 and set a “buy” rating on the stock in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Strategy presently has an average rating of “Moderate Buy” and a consensus target price of $9,976.80.

Strategy Stock Performance

NASDAQ MSTR opened at $163.40 on Friday. The stock has a fifty day simple moving average of $225.24 and a 200-day simple moving average of $320.25. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.16. The stock has a market cap of $46.95 billion, a PE ratio of 7.60 and a beta of 3.40. Strategy has a twelve month low of $155.61 and a twelve month high of $457.22.

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. The business had revenue of $128.69 million during the quarter, compared to analysts’ expectations of $116.65 million. Strategy had a net margin of 1,667.09% and a return on equity of 20.98%. The business’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same period last year, the business earned ($1.56) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In other news, EVP Wei-Ming Shao sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total value of $10,721,100.00. Following the transaction, the executive vice president owned 12,726 shares of the company’s stock, valued at approximately $4,547,890.62. The trade was a 70.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jarrod M. Patten acquired 12,000 shares of the stock in a transaction that occurred on Friday, October 17th. The stock was purchased 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 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. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 24,880 shares of company stock valued at $2,421,219 and have sold 43,177 shares valued at $13,564,266. Corporate insiders own 8.46% of the company’s stock.

Institutional Trading of Strategy

Institutional investors have recently added to or reduced their stakes in the stock. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Strategy during the 3rd quarter worth approximately $32,000. Quent Capital LLC acquired a new stake in shares of Strategy during the 3rd quarter worth about $33,000. Binnacle Investments Inc raised its position in shares of Strategy by 492.9% in the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after buying an additional 69 shares during the last quarter. MCF Advisors LLC purchased a new position in shares of Strategy during the second quarter valued at approximately $35,000. Finally, Maseco LLP purchased a new stake in Strategy in the 2nd quarter worth approximately $36,000. Hedge funds and other 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.