Jane Dietze Buys 1,100 Shares of Strategy (NASDAQ:MSTR) Stock

Strategy Inc (NASDAQ:MSTR) Director Jane Dietze bought 1,100 shares of the company’s stock in a transaction on Friday, November 21st. The shares were bought 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 approximately $247,728. This represents a 73.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Strategy Stock Performance

Shares of NASDAQ MSTR traded down $6.85 during mid-day trading on Tuesday, hitting $172.19. The company had a trading volume of 19,028,609 shares, compared to its average volume of 14,713,246. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. Strategy Inc has a 1 year low of $166.01 and a 1 year high of $457.22. The company has a market capitalization of $49.48 billion, a price-to-earnings ratio of 15.16 and a beta of 3.87. The stock’s 50-day moving average price is $281.50 and its 200-day moving average price is $346.78.

Strategy (NASDAQ:MSTR) last posted its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating 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 business had revenue of $128.69 million during the quarter, compared to analyst estimates of $116.65 million. During the same quarter in the previous year, the firm earned ($1.56) EPS. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Monness Crespi & Hardt raised shares of Strategy from a “sell” rating to a “neutral” rating in a report on Monday, November 10th. Citigroup started coverage on Strategy in a research note on Tuesday, October 21st. They set a “buy” rating and a $485.00 price objective for the company. HC Wainwright decreased their target price on Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a research note on Monday, November 3rd. Cantor Fitzgerald lowered their price target on Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Finally, Wells Fargo & Company reissued an “equal weight” rating and set a $54.00 price objective (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 issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $485.80.

Hedge Funds Weigh In On Strategy

Several institutional investors and hedge funds have recently bought and sold shares of MSTR. Vanguard Group Inc. boosted its stake in shares of Strategy by 7.3% during the third quarter. Vanguard Group Inc. now owns 19,884,275 shares of the software maker’s stock valued at $6,406,912,000 after purchasing an additional 1,344,519 shares during the period. Capital International Investors grew its holdings in Strategy by 2.6% in the 3rd quarter. Capital International Investors now owns 15,014,295 shares of the software maker’s stock worth $4,837,778,000 after acquiring an additional 383,207 shares during the last quarter. State Street Corp increased its position in shares of Strategy by 9.2% in the third quarter. State Street Corp now owns 5,989,048 shares of the software maker’s stock valued at $1,929,731,000 after acquiring an additional 504,479 shares during the period. Capital Research Global Investors boosted its holdings in shares of Strategy by 33.6% during the third quarter. Capital Research Global Investors now owns 4,205,258 shares of the software maker’s stock worth $1,354,982,000 after purchasing an additional 1,057,804 shares during the period. Finally, Norges Bank purchased a new stake in shares of Strategy during the second quarter worth about $1,203,062,000. 59.84% of the stock is currently owned by institutional investors.

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.