Strategy (NASDAQ:MSTR) Stock Price Up 5.8% – Still a Buy?

by · The Cerbat Gem

Strategy Inc (NASDAQ:MSTR – Get Free Report)’s share price rose 5.8% during trading on Tuesday . The stock traded as high as $188.37 and last traded at $181.33. Approximately 31,066,457 shares traded hands during mid-day trading, an increase of 108% from the average daily volume of 14,931,472 shares. The stock had previously closed at $171.42.

Wall Street Analysts Forecast Growth

MSTR has been the topic of several research reports. Monness Crespi & Hardt upgraded Strategy from a “sell” rating to a “neutral” rating in a research note on Monday, November 10th. Canaccord Genuity Group lifted their price objective on Strategy from $464.00 to $474.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. China Renaissance initiated coverage on shares of Strategy in a research note on Wednesday, October 15th. They issued a “buy” rating and a $473.00 target price for the company. Citigroup started coverage on shares of Strategy in a research report on Tuesday, October 21st. They issued a “buy” rating and a $485.00 price target on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $485.80.

View Our Latest Research Report on MSTR

Strategy Stock Performance

The stock has a market capitalization of $52.11 billion, a P/E ratio of 15.96 and a beta of 3.87. 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 50-day moving average price of $265.07 and a two-hundred day moving average price of $338.45.

Strategy (NASDAQ:MSTR – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $8.52. The company had revenue of $128.69 million during the quarter, compared to analyst estimates of $116.65 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. Strategy’s revenue was up 10.9% compared to the same quarter last year. 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 Activity at Strategy

In other Strategy news, Director Jane A. Dietze bought 1,100 shares of Strategy stock in a transaction that occurred on Friday, November 21st. The stock was acquired 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 directly owned 2,600 shares in the company, valued at $247,728. This represents a 73.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jarrod M. Patten bought 12,000 shares of the firm’s stock in a transaction on 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 completion of 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 SEC filing for this purchase provides additional information. Over the last quarter, 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 owned by corporate insiders.

Hedge Funds Weigh In On Strategy

A number of institutional investors have recently made changes to their positions in the stock. Norges Bank bought a new stake in shares of Strategy during the 2nd quarter worth $1,203,062,000. Amundi raised its position in Strategy by 378.9% during the second quarter. Amundi now owns 1,783,982 shares of the software maker’s stock valued at $717,660,000 after purchasing an additional 1,411,500 shares in the last quarter. Vanguard Group Inc. raised its position in Strategy by 7.3% during the third quarter. Vanguard Group Inc. now owns 19,884,275 shares of the software maker’s stock valued at $6,406,912,000 after purchasing an additional 1,344,519 shares in the last quarter. Capital Research Global Investors lifted its stake in Strategy by 33.6% during the third quarter. Capital Research Global Investors now owns 4,205,258 shares of the software maker’s stock worth $1,354,982,000 after purchasing an additional 1,057,804 shares during the last quarter. Finally, Harvest Portfolios Group Inc. boosted its holdings in shares of Strategy by 119.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker’s stock worth $499,593,000 after purchasing an additional 842,480 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Strategy Company Profile

(Get Free Report)

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.

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