Strategy (NASDAQ:MSTR) Reaches New 12-Month Low – What’s Next?

Strategy Inc (NASDAQ:MSTR)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $219.59 and last traded at $225.1540, with a volume of 1470769 shares. The stock had previously closed at $224.61.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MSTR. Wells Fargo & Company reissued 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. Cantor Fitzgerald lowered their target price on shares of Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Benchmark reissued a “buy” rating on shares of Strategy in a research report on Friday, October 31st. Monness Crespi & Hardt upgraded shares of Strategy from a “sell” rating to a “neutral” rating in a research report on Monday. Finally, Citigroup assumed coverage on shares of Strategy in a report on Tuesday, October 21st. They issued a “buy” rating and a $485.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $485.80.

Strategy Trading Down 0.2%

The stock has a market cap of $64.39 billion, a P/E ratio of 19.73 and a beta of 3.87. The firm’s 50 day simple moving average is $303.70 and its two-hundred day simple moving average is $358.08. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17.

Strategy (NASDAQ:MSTR) last announced its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.90 by $0.52. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The company had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.76 million. During the same period in the previous year, the business earned ($1.56) EPS. The company’s 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 Jarrod M. Patten bought 12,000 shares of the business’s stock in a transaction on Friday, October 17th. The shares were bought at an average cost of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the acquisition, the director owned 29,335 shares in the company, valued at approximately $2,841,974.80. This trade represents a 69.22% 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 30,000 shares of the business’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total transaction of $10,721,100.00. Following the transaction, the executive vice president owned 12,726 shares in the company, valued at approximately $4,547,890.62. The trade was a 70.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders acquired 36,399 shares of company stock valued at $3,539,220. Corporate insiders own 8.46% of the company’s stock.

Institutional Trading of Strategy

Institutional investors and hedge funds have recently modified their holdings of the stock. Legal & General Group Plc lifted its position in Strategy by 7.5% in the third quarter. Legal & General Group Plc now owns 1,255,770 shares of the software maker’s stock valued at $404,622,000 after purchasing an additional 87,333 shares during the last quarter. Fieldview Capital Management LLC bought a new stake in Strategy during the 3rd quarter valued at about $1,193,000. Swiss National Bank increased its position in Strategy by 0.4% during the 3rd quarter. Swiss National Bank now owns 752,500 shares of the software maker’s stock valued at $242,463,000 after buying an additional 3,200 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in Strategy during the 3rd quarter worth about $5,334,000. Finally, Schroder Investment Management Group raised its position in shares of Strategy by 21.0% during the 3rd quarter. Schroder Investment Management Group now owns 118,478 shares of the software maker’s stock worth $38,175,000 after purchasing an additional 20,536 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other 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.