Strategy (NASDAQ:MSTR) Shares Up 3.9% – What’s Next?

Strategy Inc (NASDAQ:MSTR)’s share price rose 3.9% during mid-day trading on Wednesday . The stock traded as high as $190.44 and last traded at $188.39. Approximately 25,836,581 shares were traded during trading, an increase of 73% from the average daily volume of 14,976,608 shares. The stock had previously closed at $181.33.

Analyst Ratings Changes

A number of research firms have commented on MSTR. BTIG Research cut their price target on shares of Strategy from $700.00 to $630.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Cowen reaffirmed a “buy” rating on shares of Strategy in a report on Friday, October 31st. TD Cowen cut their target price on shares of Strategy from $620.00 to $535.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Canaccord Genuity Group raised their price target on Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, China Renaissance assumed coverage on Strategy in a research note on Wednesday, October 15th. They set a “buy” rating and a $473.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $485.80.

Strategy Stock Performance

The company has a market cap of $54.13 billion, a P/E ratio of 8.76 and a beta of 3.40. The company’s fifty day moving average is $262.14 and its 200 day moving average is $336.91. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.16.

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

Insider Activity at Strategy

In related news, Director Jarrod M. Patten purchased 12,000 shares of the firm’s stock in a transaction on Friday, October 17th. The shares were acquired at an average cost of $96.88 per share, with a total value of $1,162,560.00. Following the purchase, the director directly owned 29,335 shares of the company’s stock, valued at approximately $2,841,974.80. This trade represents a 69.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jane A. Dietze acquired 1,100 shares of the stock in a transaction on Friday, November 21st. The stock was bought at an average price of $95.28 per share, with a total value of $104,808.00. Following the transaction, the director directly owned 2,600 shares of the company’s stock, valued at approximately $247,728. The trade was a 73.33% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 37,380 shares of company stock worth $3,632,719 and sold 53,177 shares worth $17,122,166. 8.46% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in MSTR. Triglav Skladi D.O.O. purchased a new stake in Strategy during the 1st quarter valued at $144,000. EverSource Wealth Advisors LLC raised its stake in shares of Strategy by 41.3% during the first quarter. EverSource Wealth Advisors LLC now owns 32,088 shares of the software maker’s stock valued at $9,250,000 after acquiring an additional 9,372 shares during the last quarter. Ethic Inc. boosted its holdings in shares of Strategy by 43.2% during the first quarter. Ethic Inc. now owns 1,642 shares of the software maker’s stock worth $502,000 after purchasing an additional 495 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in shares of Strategy by 2.0% during the first quarter. Nations Financial Group Inc. IA ADV now owns 34,485 shares of the software maker’s stock worth $9,941,000 after purchasing an additional 665 shares during the period. Finally, Mill Creek Capital Advisors LLC grew its stake in shares of Strategy by 2.8% in the first quarter. Mill Creek Capital Advisors LLC now owns 1,701 shares of the software maker’s stock worth $490,000 after purchasing an additional 46 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

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.