Strategy (NASDAQ:MSTR) Stock Price Up 2% on Insider Buying Activity

Key Points

• Insider buying: Director Jane A. Dietze bought 1,100 shares at an average price of $95.28 on Nov. 21, increasing her stake by 73.33%, and the stock rose about 2% Wednesday on volume 34% above average.
• Strong quarterly results: Strategy reported Q3 EPS of $8.42 (vs. -$0.10 est.) and revenue of $128.69M, and set FY2025 guidance at 80.000 EPS.
• Analyst outlook vs. market price: MarketBeat shows a "Moderate Buy" consensus with an average price target of $485.80, while shares trade near $175 and below both the 50- and 200-day moving averages.

Strategy Inc (NASDAQ:MSTR - Get Free Report)'s share price was up 2% during trading on Wednesday following insider buying activity. The company traded as high as $180.63 and last traded at $175.64. Approximately 19,675,617 shares changed hands during mid-day trading, an increase of 34% from the average daily volume of 14,735,201 shares. The stock had previously closed at $172.19.

Specifically, Director Jane A. Dietze bought 1,100 shares of the company's stock in a transaction that occurred on Friday, November 21st. The shares were purchased at an average cost 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. This represents a 73.33% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on MSTR shares. TD Cowen lowered their target price on shares of Strategy from $620.00 to $535.00 and set a "buy" rating on the stock in a research report on Friday, October 31st. Cowen reissued a "buy" rating on shares of Strategy in a research note on Friday, October 31st. Citigroup began coverage on shares of Strategy in a research note on Tuesday, October 21st. They issued a "buy" rating and a $485.00 price objective for the company. Mizuho upped their target price on Strategy from $563.00 to $586.00 and gave the company an "outperform" rating in a report on Monday, August 11th. Finally, BTIG Research dropped their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Strategy has an average rating of "Moderate Buy" and an average price target of $485.80.

Strategy Trading Up 2.0%

The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The firm's 50 day simple moving average is $278.24 and its 200-day simple moving average is $345.06. The company has a market capitalization of $50.47 billion, a PE ratio of 15.46 and a beta of 3.87.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $8.52. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The business had revenue of $128.69 million for the quarter, compared to analyst estimates of $116.65 million. During the same quarter in the previous year, the business posted ($1.56) EPS. The business's quarterly revenue was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Hedge Funds Weigh In On Strategy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Strategy in the third quarter worth about $32,000. Quent Capital LLC purchased a new stake in Strategy during the 3rd quarter worth approximately $33,000. Binnacle Investments Inc grew its position in shares of Strategy by 492.9% during the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker's stock worth $34,000 after buying an additional 69 shares in the last quarter. MCF Advisors LLC bought a new stake in shares of Strategy in the second quarter worth $35,000. Finally, Maseco LLP acquired a new stake in Strategy in the second quarter valued at $36,000. 59.84% of the stock is owned by hedge funds and other 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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