Strategy Incorporated (NASDAQ:MSTR) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Strategy Incorporated (NASDAQ:MSTR) have received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $508.09.

MSTR has been the topic of a number of analyst reports. Mizuho initiated coverage on shares of Strategy in a research note on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price objective on the stock. Maxim Group lifted their target price on shares of Strategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Cantor Fitzgerald lifted their price target on Strategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Monness Crespi & Hardt lowered Strategy from a “neutral” rating to a “sell” rating and set a $220.00 price target on the stock. in a research note on Tuesday, April 1st. Finally, Canaccord Genuity Group decreased their price target on Strategy from $510.00 to $409.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th.

Strategy Stock Down 0.2 %

Shares of NASDAQ:MSTR opened at $310.72 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The business’s 50 day moving average is $295.00 and its 200 day moving average is $307.61. The stock has a market cap of $79.96 billion, a P/E ratio of -55.16 and a beta of 3.46. Strategy has a 52-week low of $101.00 and a 52-week high of $543.00.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Insider Activity

In other news, CFO Andrew Kang acquired 1,500 shares of the business’s stock in a transaction that occurred on Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, for a total transaction of $127,500.00. Following the completion of the acquisition, the chief financial officer now owns 1,500 shares in the company, valued at approximately $127,500. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Wei-Ming Shao purchased 500 shares of Strategy stock in a transaction dated Thursday, March 20th. The shares were purchased at an average price of $85.00 per share, with a total value of $42,500.00. Following the completion of the acquisition, the executive vice president now owns 500 shares in the company, valued at $42,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 8,000 shares of company stock worth $680,000 and have sold 22,998 shares worth $7,671,926. 9.16% of the stock is owned by insiders.

Hedge Funds Weigh In On Strategy

Several large investors have recently made changes to their positions in MSTR. First United Bank & Trust bought a new position in Strategy during the first quarter worth about $29,000. Handelsbanken Fonder AB lifted its stake in Strategy by 4.2% in the first quarter. Handelsbanken Fonder AB now owns 50,060 shares of the software maker’s stock valued at $14,431,000 after buying an additional 2,000 shares in the last quarter. GAMMA Investing LLC raised its position in Strategy by 47.7% in the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock valued at $239,000 after buying an additional 268 shares during the last quarter. Yousif Capital Management LLC grew its holdings in shares of Strategy by 42.9% in the 1st quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker’s stock valued at $839,000 after acquiring an additional 873 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Strategy by 40.9% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 231 shares of the software maker’s stock valued at $67,000 after buying an additional 67 shares during the last quarter. 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.