Strategy (NASDAQ:MSTR) Stock Price Up 5.6% - What's Next?

Key Points

• Strategy Inc (NASDAQ:MSTR) saw its stock price increase by 5.6%, closing at $326.42 after trading as high as $327.99 during the day.
• Analysts have set a range of price targets for Strategy, with estimates from $200.00 to $700.00, and an average target of $547.50, reflecting a general sentiment of a "Moderate Buy."
• Insider activity shows significant selling and buying, with CAO Jeanine Montgomery selling 43,750 shares and Director Gregg Winiarski purchasing 10,000 shares, indicating mixed signals from company insiders.

Strategy Inc (NASDAQ:MSTR - Get Free Report) traded up 5.6% on Monday . The stock traded as high as $327.99 and last traded at $326.42. 12,527,335 shares changed hands during trading, a decline of 15% from the average session volume of 14,803,826 shares. The stock had previously closed at $309.06.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Canaccord Genuity Group reiterated a "buy" rating and set a $464.00 price objective on shares of Strategy in a research report on Tuesday, August 26th. Monness Crespi & Hardt lifted their price objective 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. Benchmark reiterated a "buy" rating on shares of Strategy in a research report on Wednesday, August 13th. BTIG Research boosted their price target on shares of Strategy from $620.00 to $700.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, TD Cowen lowered their price target on shares of Strategy from $640.00 to $620.00 and set a "buy" rating on the stock in a report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Strategy presently has an average rating of "Moderate Buy" and an average target price of $547.50.

Strategy Stock Performance

The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The firm's 50 day moving average is $359.25 and its 200-day moving average is $361.55. The firm has a market cap of $92.56 billion, a price-to-earnings ratio of 28.73 and a beta of 3.82.

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

Insider Activity

In related news, CAO Jeanine Montgomery sold 43,750 shares of the company's stock in a transaction on Friday, July 11th. The shares were sold at an average price of $430.54, for a total transaction of $18,836,125.00. Following the completion of the transaction, the chief accounting officer directly owned 8,606 shares in the company, valued at $3,705,227.24. This represents a 83.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gregg Winiarski purchased 10,000 shares of Strategy 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 completion of the acquisition, the director owned 10,000 shares in the company, valued at approximately $976,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 265,474 shares of company stock worth $24,056,259 and have sold 152,150 shares worth $62,847,251. Insiders own 8.46% of the company's stock.

Hedge Funds Weigh In On Strategy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. First United Bank & Trust bought a new stake in shares of Strategy in the 1st quarter worth approximately $29,000. Binnacle Investments Inc lifted its position in shares of Strategy by 492.9% in the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker's stock worth $34,000 after acquiring an additional 69 shares during the period. MCF Advisors LLC bought a new stake in shares of Strategy in the 2nd quarter worth approximately $35,000. Maseco LLP bought a new stake in shares of Strategy in the 2nd quarter worth approximately $36,000. Finally, AllSquare Wealth Management LLC lifted its position in shares of Strategy by 100.0% in the 2nd quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker's stock worth $40,000 after acquiring an additional 50 shares during the period. 59.84% of the stock is currently owned by institutional investors.

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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