Strategy (NASDAQ:MSTR) Shares Up 4.4% – Time to Buy?

Strategy Inc (NASDAQ:MSTR) rose 4.4% during trading on Tuesday . The company traded as high as $203.05 and last traded at $203.9510. Approximately 3,158,954 shares changed hands during trading, a decline of 78% from the average daily volume of 14,374,261 shares. The stock had previously closed at $195.42.

Wall Street Analysts Forecast Growth

MSTR has been the topic of a number of recent analyst reports. Cowen reaffirmed a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Mizuho lifted their price objective on shares of Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research note on Monday, August 11th. HC Wainwright reduced their price target on Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a report on Monday, November 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a research note on Wednesday, October 8th. Finally, 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 report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $485.80.

Strategy Stock Up 7.8%

The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The stock has a market cap of $60.51 billion, a P/E ratio of 18.35 and a beta of 3.87. The stock’s 50-day moving average is $295.91 and its 200-day moving average is $354.20.

Strategy (NASDAQ:MSTR) last released its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $8.52. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The firm had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.65 million. During the same period in the prior year, the firm posted ($1.56) earnings per share. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity

In related news, EVP Wei-Ming Shao sold 30,000 shares of Strategy stock in a transaction dated 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 directly owned 12,726 shares of the company’s stock, valued at $4,547,890.62. The trade was a 70.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jarrod M. Patten purchased 12,000 shares of the company’s stock in a transaction on Friday, October 17th. The stock was bought at an average cost of $96.88 per share, for a total transaction of $1,162,560.00. Following the acquisition, the director directly owned 29,335 shares of the company’s stock, valued at $2,841,974.80. This represents a 69.22% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 36,399 shares of company stock valued at $3,539,220 and have sold 47,934 shares valued at $16,067,946. Company insiders own 8.46% of the company’s stock.

Hedge Funds Weigh In On Strategy

Several institutional investors and hedge funds have recently bought and sold shares of MSTR. Resona Asset Management Co. Ltd. lifted its stake in Strategy by 13.6% in the second quarter. Resona Asset Management Co. Ltd. now owns 77,914 shares of the software maker’s stock valued at $31,298,000 after acquiring an additional 9,338 shares during the last quarter. Tradewinds LLC. acquired a new position in shares of Strategy during the 2nd quarter worth $556,000. Fiduciary Alliance LLC raised its holdings in shares of Strategy by 28.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 44,918 shares of the software maker’s stock valued at $18,157,000 after purchasing an additional 9,937 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Strategy by 71.4% during the 2nd quarter. D.A. Davidson & CO. now owns 2,223 shares of the software maker’s stock valued at $899,000 after purchasing an additional 926 shares in the last quarter. Finally, Achmea Investment Management B.V. lifted its stake in shares of Strategy by 1,867.3% in the 2nd quarter. Achmea Investment Management B.V. now owns 17,725 shares of the software maker’s stock valued at $7,165,000 after purchasing an additional 16,824 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

About Strategy

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.