Strategy (NASDAQ:MSTR) Trading Down 2.4% on Insider Selling

Key Points

• Strategy Inc (NASDAQ:MSTR) shares fell 2.4% following an insider sale of 10,000 shares by EVP Wei-Ming Shao at an average price of $355.79.
• Equities analysts have provided mixed ratings for Strategy, with one Strong Buy, eleven Buy, one Hold, and one Sell, leading to an average price target of $547.50.
• In their last quarterly earnings report, Strategy reported an EPS of $32.60, surpassing analyst expectations and showing a revenue increase of 2.7% year-over-year.

Strategy Inc (NASDAQ:MSTR - Get Free Report) was down 2.4% on Tuesday after an insider sold shares in the company. The company traded as low as $327.77 and last traded at $327.78. Approximately 9,340,469 shares were traded during trading, a decline of 37% from the average daily volume of 14,823,708 shares. The stock had previously closed at $335.93.

Specifically, EVP Wei-Ming Shao sold 10,000 shares of the business's stock in a transaction on 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 sale, the executive vice president owned 12,726 shares of the company's stock, valued at approximately $4,527,783.54. The trade was a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. BTIG Research lifted their price target on shares of Strategy from $620.00 to $700.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Mizuho upped their price target on shares of Strategy from $563.00 to $586.00 and gave the company an "outperform" rating in a research report on Monday, August 11th. Monness Crespi & Hardt upped their price target on shares of Strategy from $175.00 to $200.00 and gave the company a "sell" rating in a research report on Tuesday, July 15th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $464.00 price target on shares of Strategy in a research report on Tuesday, August 26th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Strategy in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $547.50.

Strategy Stock Down 2.4%

The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The stock's 50-day simple moving average is $369.49 and its 200-day simple moving average is $359.91. The firm has a market capitalization of $92.94 billion, a P/E ratio of 28.85 and a beta of 3.82.

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 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 period in the prior year, the firm posted ($5.74) EPS. The firm'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.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Fiduciary Alliance LLC grew its position in shares of Strategy by 28.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker's stock valued at $18,157,000 after acquiring an additional 9,937 shares during the period. Swedbank AB bought a new position in shares of Strategy during the 1st quarter valued at approximately $17,352,000. GAMMA Investing LLC boosted its holdings in Strategy by 47.7% in the 1st quarter. GAMMA Investing LLC now owns 830 shares of the software maker's stock worth $239,000 after buying an additional 268 shares during the period. Yousif Capital Management LLC boosted its holdings in Strategy by 42.9% in the 1st quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker's stock worth $839,000 after buying an additional 873 shares during the period. Finally, NBC Securities Inc. bought a new position in Strategy in the 1st quarter worth approximately $236,000. 59.84% of the stock is 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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