Strategy Incorporated (NASDAQ:MSTR) Given Average Rating of "Moderate Buy" by Brokerages

Shares of Strategy Incorporated (NASDAQ:MSTR - Get Free Report) have received a consensus rating of "Moderate Buy" from the twelve research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $514.42.

MSTR has been the subject of several recent analyst reports. HC Wainwright assumed coverage on shares of Strategy in a report on Tuesday, April 29th. They issued a "buy" rating and a $480.00 target price for the company. Monness Crespi & Hardt lowered Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective for the company. in a research note on Tuesday, April 1st. Mizuho initiated coverage on Strategy in a report on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target on the stock. Compass Point raised shares of Strategy to a "strong-buy" rating in a report on Wednesday, January 29th. Finally, Barclays boosted their target price on shares of Strategy from $421.00 to $475.00 and gave the stock an "overweight" rating in a report on Monday.

Insider Activity

In other news, CFO Andrew Kang acquired 1,500 shares of the firm's stock in a transaction on Thursday, March 20th. The shares were bought at an average price of $85.00 per share, for a total transaction of $127,500.00. Following the acquisition, the chief financial officer now owns 1,500 shares of the company's stock, valued at approximately $127,500. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jarrod M. Patten sold 1,700 shares of the firm's stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of $342.01, for a total transaction of $581,417.00. Following the completion of the transaction, the director now directly owns 4,970 shares in the company, valued at $1,699,789.70. This trade represents a 25.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 37,798 shares worth $12,535,866. Company insiders own 9.16% of the company's stock.

Institutional Investors Weigh In On Strategy

A number of institutional investors have recently made changes to their positions in MSTR. Maryland State Retirement & Pension System boosted its holdings in Strategy by 0.3% in the fourth quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock valued at $2,604,000 after purchasing an additional 30 shares during the period. Family Management Corp boosted its stake in Strategy by 2.2% during the 4th quarter. Family Management Corp now owns 1,370 shares of the software maker's stock worth $397,000 after purchasing an additional 30 shares during the period. GPS Wealth Strategies Group LLC grew its holdings in shares of Strategy by 3.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock worth $324,000 after buying an additional 35 shares during the last quarter. Oder Investment Management LLC increased its holdings in shares of Strategy by 3.1% in the fourth quarter. Oder Investment Management LLC now owns 1,268 shares of the software maker's stock valued at $367,000 after purchasing an additional 38 shares during the period. Finally, Versant Capital Management Inc raised its position in Strategy by 38.2% during the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock worth $41,000 after buying an additional 39 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Strategy Price Performance

Shares of MSTR opened at $386.53 on Tuesday. Strategy has a 1-year low of $102.40 and a 1-year high of $543.00. The firm has a fifty day simple moving average of $306.66 and a two-hundred day simple moving average of $324.92. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The firm has a market cap of $99.47 billion, a PE ratio of -68.62 and a beta of 3.79.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) EPS for the quarter, missing the consensus estimate of ($0.02) by ($16.47). The company had revenue of $111.07 million during the quarter, compared to analysts' expectations of $116.66 million. Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%. The company's revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.83) earnings per share.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.