Strategy (NASDAQ:MSTR) Trading Up 2.4% - Should You Buy?

Strategy Incorporated (NASDAQ:MSTR - Get Free Report) traded up 2.4% on Tuesday . The company traded as high as $378.79 and last traded at $378.03. 3,993,639 shares traded hands during trading, a decline of 78% from the average session volume of 18,015,147 shares. The stock had previously closed at $369.25.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. HC Wainwright started coverage on shares of Strategy in a research report on Tuesday. They set a "buy" rating and a $480.00 price target on the stock. Mizuho began coverage on shares of Strategy in a research note on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price target on the stock. Monness Crespi & Hardt cut Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective for the company. in a research report on Tuesday, April 1st. Keefe, Bruyette & Woods began coverage on Strategy in a research report on Friday, February 7th. They issued an "outperform" rating and a $560.00 price objective for the company. Finally, Canaccord Genuity Group dropped their price target on Strategy from $510.00 to $409.00 and set a "buy" rating for the company in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Strategy has an average rating of "Moderate Buy" and an average price target of $505.75.

Strategy Price Performance

The company has a market capitalization of $103.64 billion, a price-to-earnings ratio of -71.49 and a beta of 3.46. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The company has a fifty day simple moving average of $299.34 and a two-hundred day simple moving average of $319.31.

Strategy (NASDAQ:MSTR - Get Free Report) last issued its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Insider Activity at Strategy

In other Strategy news, EVP Wei-Ming Shao bought 500 shares of Strategy stock in a transaction on Thursday, March 20th. The stock was purchased at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the purchase, the executive vice president now directly owns 500 shares of the company's stock, valued at $42,500. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jarrod M. Patten sold 3,100 shares of the firm's stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $365.33, for a total transaction of $1,132,523.00. Following the transaction, the director now directly owns 4,970 shares of the company's stock, valued at $1,815,690.10. The trade was a 38.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders purchased 8,000 shares of company stock worth $680,000 and sold 37,798 shares worth $12,535,866. Insiders own 9.16% of the company's stock.

Hedge Funds Weigh In On Strategy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MSTR. Maryland State Retirement & Pension System boosted its holdings in Strategy by 0.3% during the 4th quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock worth $2,604,000 after acquiring an additional 30 shares during the last quarter. Family Management Corp lifted its holdings in Strategy by 2.2% during the fourth quarter. Family Management Corp now owns 1,370 shares of the software maker's stock valued at $397,000 after purchasing an additional 30 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in Strategy by 3.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker's stock valued at $324,000 after purchasing an additional 35 shares during the last quarter. Oder Investment Management LLC lifted its holdings in Strategy by 3.1% during the fourth quarter. Oder Investment Management LLC now owns 1,268 shares of the software maker's stock valued at $367,000 after purchasing an additional 38 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Strategy by 38.2% during the fourth quarter. Versant Capital Management Inc now owns 141 shares of the software maker's stock valued at $41,000 after buying an additional 39 shares during the period. 59.84% of the stock is owned by institutional investors and hedge funds.

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.