Strategy (NASDAQ:MSTR) Shares Down 3.7% – Should You Sell?

by · The Markets Daily

Strategy Inc (NASDAQ:MSTR – Get Free Report)’s share price dropped 3.7% during trading on Friday . The company traded as low as $176.22 and last traded at $176.45. Approximately 14,223,954 shares traded hands during trading, a decline of 6% from the average daily volume of 15,098,989 shares. The stock had previously closed at $183.30.

Wall Street Analyst Weigh In

Several research firms have recently commented on MSTR. Cowen reiterated a “buy” rating on shares of Strategy in a 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 target on the stock. Benchmark reiterated a “buy” rating on shares of Strategy in a research report on Monday, December 1st. Canaccord Genuity Group lifted their target price on Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Strategy in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $475.80.

View Our Latest Report on MSTR

Strategy Price Performance

The company has a fifty day moving average of $242.56 and a 200-day moving average of $327.31. 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 $50.70 billion, a PE ratio of 8.21 and a beta of 3.40.

Strategy (NASDAQ:MSTR – Get Free Report) last released its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $8.52. The company had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.65 million. Strategy had a return on equity of 20.98% and a net margin of 1,667.09%.Strategy’s revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the company posted ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Transactions at Strategy

In other Strategy news, EVP Wei-Ming Shao sold 30,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 12,726 shares in the company, 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 SEC, which is available at this link. Also, Director Jarrod M. Patten acquired 12,000 shares of Strategy stock in a transaction dated 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 acquisition, the director directly owned 29,335 shares in the company, valued at approximately $2,841,974.80. This represents a 69.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders purchased 37,380 shares of company stock valued at $3,632,719 and sold 53,177 shares valued at $17,122,166. Corporate insiders own 8.46% of the company’s stock.

Institutional Trading of Strategy

Institutional investors have recently bought and sold shares of the business. RiverFront Investment Group LLC purchased a new stake in shares of Strategy during the 2nd quarter valued at about $3,561,000. J.W. Cole Advisors Inc. lifted its position in shares of Strategy by 25.3% during the second quarter. J.W. Cole Advisors Inc. now owns 10,262 shares of the software maker’s stock worth $4,148,000 after purchasing an additional 2,069 shares in the last quarter. Resona Asset Management Co. Ltd. boosted its stake in shares of Strategy by 13.6% in the second quarter. Resona Asset Management Co. Ltd. now owns 77,914 shares of the software maker’s stock valued at $31,298,000 after purchasing an additional 9,338 shares during the period. Stevens Capital Management LP purchased a new position in shares of Strategy in the second quarter valued at $35,967,000. Finally, Swiss National Bank increased its stake in Strategy by 17.1% during the 2nd quarter. Swiss National Bank now owns 749,300 shares of the software maker’s stock worth $302,890,000 after buying an additional 109,500 shares during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.

About Strategy

(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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