Strategy Incorporated (NASDAQ:MSTR) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Strategy Incorporated (NASDAQ:MSTR) have received a consensus rating of “Moderate Buy” from the twelve research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $514.42.

MSTR has been the subject of several recent analyst reports. HC Wainwright assumed coverage on shares of Strategy in a report on Tuesday, April 29th. They issued a “buy” rating and a $480.00 target price for the company. Monness Crespi & Hardt lowered Strategy from a “neutral” rating to a “sell” rating and set a $220.00 price objective for the company. in a research note on Tuesday, April 1st. Mizuho initiated coverage on Strategy in a report on Wednesday, January 29th. They issued an “outperform” rating and a $515.00 price target on the stock. Compass Point raised shares of Strategy to a “strong-buy” rating in a report on Wednesday, January 29th. Finally, Barclays boosted their target price on shares of Strategy from $421.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday.

Insider Activity

In other news, CFO Andrew Kang acquired 1,500 shares of the firm’s stock in a transaction on Thursday, March 20th. The shares were bought at an average price of $85.00 per share, for a total transaction of $127,500.00. Following the acquisition, the chief financial officer now owns 1,500 shares of the company’s stock, valued at approximately $127,500. This trade represents a ? increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jarrod M. Patten sold 1,700 shares of the firm’s stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of $342.01, for a total transaction of $581,417.00. Following the completion of the transaction, the director now directly owns 4,970 shares in the company, valued at $1,699,789.70. This trade represents a 25.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 8,000 shares of company stock worth $680,000 and have sold 37,798 shares worth $12,535,866. Company insiders own 9.16% of the company’s stock.

Institutional Investors Weigh In On Strategy

A number of institutional investors have recently made changes to their positions in MSTR. Maryland State Retirement & Pension System boosted its holdings in Strategy by 0.3% in the fourth quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker’s stock valued at $2,604,000 after purchasing an additional 30 shares during the period. Family Management Corp boosted its stake in Strategy by 2.2% during the 4th quarter. Family Management Corp now owns 1,370 shares of the software maker’s stock worth $397,000 after purchasing an additional 30 shares during the period. GPS Wealth Strategies Group LLC grew its holdings in shares of Strategy by 3.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,120 shares of the software maker’s stock worth $324,000 after buying an additional 35 shares during the last quarter. Oder Investment Management LLC increased its holdings in shares of Strategy by 3.1% in the fourth quarter. Oder Investment Management LLC now owns 1,268 shares of the software maker’s stock valued at $367,000 after purchasing an additional 38 shares during the period. Finally, Versant Capital Management Inc raised its position in Strategy by 38.2% during the 4th quarter. Versant Capital Management Inc now owns 141 shares of the software maker’s stock worth $41,000 after buying an additional 39 shares during the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Strategy Price Performance

Shares of MSTR opened at $386.53 on Tuesday. Strategy has a 1-year low of $102.40 and a 1-year high of $543.00. The firm has a fifty day simple moving average of $306.66 and a two-hundred day simple moving average of $324.92. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The firm has a market cap of $99.47 billion, a PE ratio of -68.62 and a beta of 3.79.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) EPS for the quarter, missing the consensus estimate of ($0.02) by ($16.47). The company had revenue of $111.07 million during the quarter, compared to analysts’ expectations of $116.66 million. Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%. The company’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.83) earnings per share.

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.