Strategy (NASDAQ:MSTR) Trading 3.3% Higher – Should You Buy?

Strategy Inc (NASDAQ:MSTR)’s stock price was up 3.3% during trading on Tuesday . The company traded as high as $171.49 and last traded at $167.50. Approximately 20,947,134 shares were traded during trading, an increase of 38% from the average daily volume of 15,175,040 shares. The stock had previously closed at $162.08.

Analyst Ratings Changes

Several brokerages have weighed in on MSTR. China Renaissance started coverage on shares of Strategy in a research note on Wednesday, October 15th. They issued a “buy” rating and a $473.00 target price for the company. BTIG Research dropped their target price on Strategy from $700.00 to $630.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Cantor Fitzgerald reiterated an “overweight” rating on shares of Strategy in a research note on Friday, December 5th. TD Cowen decreased their price objective on shares of Strategy from $620.00 to $535.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Strategy in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $475.80.

Strategy Trading Up 3.3%

The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.16. The firm has a market cap of $48.13 billion, a price-to-earnings ratio of 7.79 and a beta of 3.40. The company has a fifty day moving average price of $235.11 and a 200-day moving average price of $323.91.

Strategy (NASDAQ:MSTR) last announced its quarterly 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 return on equity of 20.98% and a net margin of 1,667.09%.The company had revenue of $128.69 million during the quarter, compared to analysts’ expectations of $116.65 million. During the same period last year, the business earned ($1.56) earnings per share. Strategy’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.

Insider Activity at Strategy

In other news, Director Jarrod M. Patten purchased 12,000 shares of the stock in a transaction that occurred on Friday, October 17th. The shares were purchased at an average cost of $96.88 per share, with a total value of $1,162,560.00. Following the completion of the acquisition, the director owned 29,335 shares of the company’s stock, valued at approximately $2,841,974.80. This represents a 69.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jane A. Dietze purchased 1,100 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were purchased at an average price of $95.28 per share, for a total transaction of $104,808.00. Following the transaction, the director owned 2,600 shares of the company’s stock, valued at $247,728. This trade represents a 73.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 24,880 shares of company stock worth $2,421,219 and sold 53,177 shares worth $17,122,166. Company insiders own 8.46% of the company’s stock.

Hedge Funds Weigh In On Strategy

Large investors have recently bought and sold shares of the business. Binnacle Investments Inc grew its holdings in Strategy by 492.9% in the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after purchasing an additional 69 shares during the period. MCF Advisors LLC purchased a new position in shares of Strategy during the 2nd quarter valued at approximately $35,000. Maseco LLP purchased a new position in shares of Strategy during the 2nd quarter valued at approximately $36,000. AllSquare Wealth Management LLC grew its stake in Strategy by 100.0% in the 2nd quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker’s stock valued at $40,000 after acquiring an additional 50 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in Strategy in the 3rd quarter worth $32,000. Institutional investors and hedge funds own 59.84% of the company’s stock.

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.