Strategy (NASDAQ:MSTR) Trading Down 4.3% – Should You Sell?

Strategy Inc (NASDAQ:MSTR) shares were down 4.3% on Wednesday . The stock traded as low as $160.31 and last traded at $160.38. Approximately 18,826,847 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 15,191,150 shares. The stock had previously closed at $167.50.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MSTR. Canaccord Genuity Group boosted their target price on shares of Strategy from $464.00 to $474.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. China Renaissance initiated coverage on shares of Strategy in a research report on Wednesday, October 15th. They issued a “buy” rating and a $473.00 price objective for the company. Wells Fargo & Company reiterated an “equal weight” rating and issued a $54.00 price objective (down from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Monness Crespi & Hardt upgraded Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Strategy in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $475.80.

Strategy Stock Performance

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 company has a market cap of $46.09 billion, a price-to-earnings ratio of 7.46 and a beta of 3.40. The stock has a 50 day moving average price of $231.89 and a two-hundred day moving average price of $322.52.

Strategy (NASDAQ:MSTR) last released its 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 firm had revenue of $128.69 million for the quarter, compared to analyst estimates of $116.65 million. During the same quarter in the prior year, the firm posted ($1.56) earnings per share. The company’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 Buying and Selling at Strategy

In other news, Director Jane A. Dietze bought 1,100 shares of the business’s stock in a transaction on Friday, November 21st. The shares were bought at an average cost of $95.28 per share, for a total transaction of $104,808.00. Following the completion of the acquisition, the director owned 2,600 shares in the company, valued at approximately $247,728. This trade represents a 73.33% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Wei-Ming Shao sold 2,600 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total transaction of $525,252.00. Following the completion of the transaction, the executive vice president directly owned 32,726 shares of the company’s stock, valued at $6,611,306.52. This trade represents a 7.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders bought 24,880 shares of company stock valued at $2,421,219 and sold 53,177 shares valued at $17,122,166. Insiders own 8.46% of the company’s stock.

Institutional Investors Weigh In On Strategy

A number of hedge funds have recently modified their holdings of the business. Strategic Investment Solutions Inc. IL grew its position in shares of Strategy by 410.4% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 684 shares of the software maker’s stock valued at $220,000 after purchasing an additional 550 shares during the period. Allworth Financial LP raised its holdings in Strategy by 3.8% during the 3rd quarter. Allworth Financial LP now owns 2,807 shares of the software maker’s stock worth $905,000 after buying an additional 103 shares during the period. Swiss Life Asset Management Ltd lifted its stake in Strategy by 17.0% in the third quarter. Swiss Life Asset Management Ltd now owns 27,547 shares of the software maker’s stock valued at $8,876,000 after buying an additional 4,009 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of Strategy in the third quarter valued at approximately $6,129,000. Finally, Centaurus Financial Inc. increased its position in shares of Strategy by 15.0% during the third quarter. Centaurus Financial Inc. now owns 6,719 shares of the software maker’s stock worth $2,165,000 after acquiring an additional 877 shares in the last quarter. 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.