Strategy (NASDAQ:MSTR) Hits New 12-Month Low – Should You Sell?

Shares of Strategy Inc (NASDAQ:MSTR) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $163.12 and last traded at $165.2950, with a volume of 4990744 shares. The stock had previously closed at $177.18.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Wells Fargo & Company reissued an “equal weight” rating and issued a $54.00 target price (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. Cowen restated a “buy” rating on shares of Strategy in a report on Friday, October 31st. China Renaissance started coverage on shares of Strategy in a report on Wednesday, October 15th. They set a “buy” rating and a $473.00 price target on the stock. HC Wainwright reduced their price target on Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Finally, Benchmark restated a “buy” rating on shares of Strategy in a report on Monday. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Strategy presently has an average rating of “Moderate Buy” and a consensus target price of $485.80.

Strategy Trading Down 10.3%

The stock has a market capitalization of $45.66 billion, a P/E ratio of 13.90 and a beta of 3.87. The stock’s 50 day moving average price is $268.36 and its 200-day moving average price is $340.04. 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 posted 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 company had revenue of $128.69 million during the quarter, compared to analyst estimates of $116.65 million. During the same quarter in the prior year, the business earned ($1.56) earnings per share. Strategy’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 Activity at Strategy

In other Strategy news, Director Jarrod M. Patten purchased 12,000 shares of the stock in a transaction on Friday, October 17th. The stock was acquired at an average price 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 in the company, valued at $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jane A. Dietze purchased 1,100 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were acquired at an average price of $95.28 per share, for a total transaction of $104,808.00. Following the purchase, the director directly owned 2,600 shares of the company’s stock, valued at approximately $247,728. The trade was a 73.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 37,380 shares of company stock valued at $3,632,719 and have sold 53,177 shares valued at $17,122,166. 8.46% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Strategy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Triglav Skladi D.O.O. purchased a new position in shares of Strategy in the first quarter worth $144,000. EverSource Wealth Advisors LLC increased its stake in shares of Strategy by 41.3% in the first quarter. EverSource Wealth Advisors LLC now owns 32,088 shares of the software maker’s stock worth $9,250,000 after acquiring an additional 9,372 shares during the period. Ethic Inc. lifted its position in Strategy by 43.2% during the first quarter. Ethic Inc. now owns 1,642 shares of the software maker’s stock valued at $502,000 after purchasing an additional 495 shares during the period. Nations Financial Group Inc. IA ADV lifted its position in Strategy by 2.0% during the first quarter. Nations Financial Group Inc. IA ADV now owns 34,485 shares of the software maker’s stock valued at $9,941,000 after purchasing an additional 665 shares during the period. Finally, Mill Creek Capital Advisors LLC boosted its holdings in Strategy by 2.8% in the first quarter. Mill Creek Capital Advisors LLC now owns 1,701 shares of the software maker’s stock valued at $490,000 after purchasing an additional 46 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other 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.