Strategy (NASDAQ:MSTR) Shares Down 1.2% - Should You Sell?

Key Points

• Shares of Strategy Inc (NASDAQ:MSTR) declined by 1.2% on Tuesday, trading as low as $316.19 before closing at $322.57.
• Wall Street analysts have mixed views on the stock, with a consensus rating of "Moderate Buy" and a price target averaging around $509.54, despite Wells Fargo reducing its target from $65.00 to $54.00.
• Recent insider activity shows a significant purchase of 10,000 shares by Director Gregg Winiarski at $97.65 each, while EVP Wei-Ming Shao sold 10,000 shares at $355.79, indicating shifts in insider sentiment.

Shares of Strategy Inc (NASDAQ:MSTR - Get Free Report) fell 1.2% on Tuesday . The stock traded as low as $316.19 and last traded at $322.57. 7,747,711 shares traded hands during trading, a decline of 48% from the average session volume of 14,766,553 shares. The stock had previously closed at $326.42.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MSTR. Wells Fargo & Company reiterated an "equal weight" rating and set a $54.00 target price (down previously from $65.00) on shares of Strategy in a research note on Tuesday. Mizuho boosted their target price on shares of Strategy from $563.00 to $586.00 and gave the company an "outperform" rating in a research note on Monday, August 11th. Cowen restated a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. Cantor Fitzgerald restated an "overweight" rating on shares of Strategy in a research report on Wednesday, August 13th. Finally, Monness Crespi & Hardt upped their price target on shares of Strategy from $175.00 to $200.00 and gave the stock a "sell" rating in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Strategy currently has a consensus rating of "Moderate Buy" and a consensus price target of $509.54.

Strategy Stock Down 1.2%

The firm has a market cap of $91.47 billion, a price-to-earnings ratio of 28.40 and a beta of 3.82. The firm's fifty day moving average is $357.26 and its two-hundred day moving average is $361.76. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, topping the consensus estimate of ($0.12) by $32.72. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The business had revenue of $114.49 million during the quarter, compared to the consensus estimate of $112.68 million. During the same quarter in the prior year, the company posted ($5.74) earnings per share. The company's quarterly 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 other Strategy news, Director Gregg Winiarski purchased 10,000 shares of the business's stock in a transaction on Friday, August 8th. The stock was bought at an average cost of $97.65 per share, with a total value of $976,500.00. Following the acquisition, the director owned 10,000 shares of the company's stock, valued at $976,500. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Wei-Ming Shao sold 10,000 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $355.79, for a total transaction of $3,557,900.00. Following the completion of the sale, the executive vice president directly owned 12,726 shares of the company's stock, valued at $4,527,783.54. The trade was a 44.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders acquired 265,474 shares of company stock worth $24,056,259 and sold 152,150 shares worth $62,847,251. Insiders own 8.46% of the company's stock.

Institutional Trading of Strategy

Institutional investors and hedge funds have recently bought and sold shares of the stock. First United Bank & Trust acquired a new stake in Strategy during the 1st quarter worth about $29,000. Binnacle Investments Inc raised its holdings in Strategy by 492.9% during the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker's stock worth $34,000 after buying an additional 69 shares during the period. MCF Advisors LLC acquired a new stake in Strategy during the 2nd quarter worth about $35,000. Maseco LLP acquired a new stake in Strategy during the 2nd quarter worth about $36,000. Finally, AllSquare Wealth Management LLC raised its holdings in Strategy by 100.0% during the 2nd quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker's stock worth $40,000 after buying an additional 50 shares during the period. 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.

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.