Strategy (NASDAQ:MSTR) Shares Down 1.9% - What's Next?

Key Points

• Strategy Inc (NASDAQ:MSTR) shares declined by 1.9%, closing at $329.40, with trading volume significantly down by 74% compared to the average.
• Analyst ratings for MSTR show strong support, with one Strong Buy, eleven Buy, one Hold, and one Sell, alongside a price target range suggesting significant upside potential.
• Insider activity has been notable, with significant purchases by executives, indicating confidence in the company's future performance amid recent stock fluctuations.

Strategy Inc (NASDAQ:MSTR - Get Free Report) fell 1.9% during trading on Monday . The stock traded as low as $321.50 and last traded at $329.40. 3,902,858 shares traded hands during trading, a decline of 74% from the average session volume of 15,042,993 shares. The stock had previously closed at $335.87.

Analyst Ratings Changes

MSTR has been the topic of a number of recent research reports. Benchmark reaffirmed a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. UBS Group reiterated a "buy" rating on shares of Strategy in a report on Friday, May 16th. Barclays reaffirmed a "hold" rating on shares of Strategy in a research note on Monday, May 19th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $464.00 price target on shares of Strategy in a research note on Tuesday, August 26th. Finally, TD Cowen boosted their target price on Strategy from $590.00 to $680.00 and gave the stock a "buy" rating in a report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $552.50.

Strategy Price Performance

The stock has a market capitalization of $93.30 billion, a price-to-earnings ratio of 29.04 and a beta of 3.82. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. The company has a 50-day simple moving average of $386.32 and a two-hundred day simple moving average of $355.38.

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 company had revenue of $114.49 million during the quarter, compared to analyst estimates of $112.68 million. During the same quarter last year, the business posted ($5.74) earnings per share. The company's revenue was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity at Strategy

In other Strategy news, CAO Jeanine Montgomery bought 5,000 shares of the business's stock in a transaction dated Tuesday, July 29th. The stock was acquired at an average cost of $90.00 per share, with a total value of $450,000.00. Following the purchase, the chief accounting officer owned 5,000 shares in the company, valued at approximately $450,000. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jane A. Dietze bought 1,500 shares of the business's stock in a transaction on Tuesday, July 29th. The stock was acquired at an average cost of $90.00 per share, for a total transaction of $135,000.00. Following the completion of the transaction, the director owned 1,500 shares in the company, valued at $135,000. This represents 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 252,974 shares of company stock worth $22,844,759 and have sold 142,150 shares worth $59,289,351. 8.46% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Strategy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Binnacle Investments Inc boosted its stake in shares of Strategy by 492.9% in the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker's stock valued at $34,000 after purchasing an additional 69 shares during the last quarter. MCF Advisors LLC bought a new position in shares of Strategy in the second quarter worth about $35,000. Maseco LLP purchased a new position in Strategy during the 2nd quarter valued at $36,000. Safe Harbor Fiduciary LLC raised its stake in shares of Strategy by 820.0% in the fourth quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker's stock worth $27,000 after purchasing an additional 82 shares during the last quarter. Finally, First United Bank & Trust acquired a new stake in Strategy during the 1st quarter worth $29,000. 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.

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