Strategy (NASDAQ:MSTR) Now Covered by Analysts at China Renaissance

Key Points

• China Renaissance has initiated coverage on Strategy (NASDAQ:MSTR), setting a "buy" rating with a price target of $473.00, indicating a potential upside of 57.32% from the current price.
• Recent analyst reports show a spectrum of price targets for Strategy, ranging from $200.00 to $700.00, with a consensus target price of $506.93 reflecting a "Moderate Buy" rating.
• Strategy's stock has seen significant insider activity, with executives selling large quantities, including an EVP who sold 30,000 shares valued over $10 million, while others made substantial purchases.

China Renaissance began coverage on shares of Strategy (NASDAQ:MSTR - Get Free Report) in a research note issued to investors on Wednesday,Benzinga reports. The brokerage set a "buy" rating and a $473.00 price target on the software maker's stock. China Renaissance's price objective would indicate a potential upside of 57.32% from the company's current price.

A number of other equities research analysts also recently weighed in on MSTR. BTIG Research raised their price target on Strategy from $620.00 to $700.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Canaccord Genuity Group restated a "buy" rating and set a $464.00 price target on shares of Strategy in a research report on Tuesday, August 26th. Monness Crespi & Hardt raised their price target on Strategy from $175.00 to $200.00 and gave the company a "sell" rating in a research report on Tuesday, July 15th. TD Cowen lowered their price target on Strategy from $640.00 to $620.00 and set a "buy" rating on the stock in a research report on Tuesday, September 16th. Finally, Mizuho raised their price target on Strategy from $563.00 to $586.00 and gave the company an "outperform" rating in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $506.93.

Strategy Trading Down 4.7%

Shares of MSTR stock opened at $300.67 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. Strategy has a 52-week low of $185.81 and a 52-week high of $543.00. The company has a market capitalization of $85.25 billion, a PE ratio of 26.47 and a beta of 3.83. The business's fifty day moving average is $342.03 and its 200 day moving average is $362.83.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.12) by $32.72. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company had revenue of $114.49 million for the quarter, compared to the consensus estimate of $112.68 million. During the same quarter last year, the business posted ($5.74) earnings per share. The firm's revenue was up 2.7% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In related news, EVP Wei-Ming Shao sold 30,000 shares of the firm's stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total value of $10,721,100.00. Following the sale, the executive vice president directly owned 12,726 shares of the company's stock, valued at $4,547,890.62. This trade represents a 70.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gregg Winiarski acquired 10,000 shares of the business's stock in a transaction on Friday, August 8th. The shares were purchased at an average cost of $97.65 per share, for a total transaction of $976,500.00. Following the completion of the transaction, the director owned 10,000 shares in the company, valued at approximately $976,500. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 265,474 shares of company stock valued at $24,056,259 and sold 65,000 shares valued at $24,099,750. Company insiders own 8.46% of the company's stock.

Institutional Trading of Strategy

Several large investors have recently bought and sold shares of MSTR. Binnacle Investments Inc boosted its position in Strategy by 492.9% during the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker's stock valued at $34,000 after acquiring an additional 69 shares in the last quarter. MCF Advisors LLC purchased a new position in shares of Strategy during the second quarter valued at approximately $35,000. Maseco LLP purchased a new position in shares of Strategy during the second quarter valued at approximately $36,000. AllSquare Wealth Management LLC lifted its holdings in shares of Strategy by 100.0% during the second quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker's stock valued at $40,000 after purchasing an additional 50 shares during the last quarter. Finally, Hexagon Capital Partners LLC lifted its holdings in shares of Strategy by 7,750.0% during the first quarter. Hexagon Capital Partners LLC now owns 157 shares of the software maker's stock valued at $45,000 after purchasing an additional 155 shares during the last quarter. 59.84% of the stock is owned by institutional investors.

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.

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