Weiss Ratings Reaffirms Hold (C) Rating for Strategy (NASDAQ:MSTR)

Key Points

• Weiss Ratings has reaffirmed a "Hold (C)" rating for Strategy (NASDAQ:MSTR), indicating a cautious outlook for the stock.
• Strategy's stock traded up 1.5% to $289.08 recently, with a market capitalization of $81.97 billion and a PE ratio of 25.45.
• The stock currently holds a consensus rating of "Moderate Buy" with an average price target of $505.47 from analysts, suggesting potential upside from current levels.

Strategy (NASDAQ:MSTR - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by investment analysts at Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

A number of other brokerages have also weighed in on MSTR. TD Cowen decreased 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. Benchmark reiterated a "buy" rating on shares of Strategy in a report on Wednesday, August 13th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Strategy in a report on Wednesday, August 13th. Monness Crespi & Hardt lifted their price target on shares of Strategy from $175.00 to $200.00 and gave the company a "sell" rating in a report on Tuesday, July 15th. Finally, Wells Fargo & Company reiterated an "equal weight" rating and issued a $54.00 price target (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $505.47.

Strategy Trading Up 1.5%

NASDAQ MSTR traded up $4.16 during mid-day trading on Friday, reaching $289.08. 7,857,293 shares of the stock were exchanged, compared to its average volume of 12,065,291. Strategy has a 1-year low of $220.82 and a 1-year high of $543.00. The business's fifty day simple moving average is $326.41 and its 200 day simple moving average is $362.64. The stock has a market capitalization of $81.97 billion, a PE ratio of 25.45 and a beta of 3.83. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results 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 firm had revenue of $114.49 million for the quarter, compared to analyst estimates of $112.68 million. During the same quarter last year, the business earned ($5.74) earnings per share. Strategy's 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.

Insider Buying and Selling

In related news, Director Gregg Winiarski bought 10,000 shares of the company's stock in a transaction dated Friday, August 8th. The stock was bought at an average price of $97.65 per share, with a total value of $976,500.00. Following the transaction, the director owned 10,000 shares of the company's stock, valued at approximately $976,500. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Andrew Kang sold 18,750 shares of the business's stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $395.00, for a total transaction of $7,406,250.00. Following the completion of the sale, the chief financial officer directly owned 24,460 shares of the company's stock, valued at $9,661,700. The trade was a 43.39% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have purchased 289,254 shares of company stock worth $26,372,670 and have sold 65,000 shares worth $24,099,750. Company insiders own 8.46% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. SJS Investment Consulting Inc. boosted its holdings in shares of Strategy by 25.8% in the 2nd quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker's stock valued at $47,000 after buying an additional 24 shares during the period. Mutual Advisors LLC boosted its holdings in shares of Strategy by 2.0% in the 2nd quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker's stock valued at $548,000 after buying an additional 27 shares during the period. Bernardo Wealth Planning LLC boosted its holdings in shares of Strategy by 3.9% in the 2nd quarter. Bernardo Wealth Planning LLC now owns 772 shares of the software maker's stock valued at $312,000 after buying an additional 29 shares during the period. Smith Anglin Financial LLC boosted its holdings in shares of Strategy by 1.2% in the 2nd quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker's stock valued at $1,025,000 after buying an additional 30 shares during the period. Finally, GPS Wealth Strategies Group LLC boosted its stake in Strategy by 2.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,163 shares of the software maker's stock valued at $470,000 after purchasing an additional 31 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.

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