Strategy (NASDAQ:MSTR) Trading Up 5% – Here’s What Happened

Strategy Inc (NASDAQ:MSTR)’s share price was up 5% during trading on Monday . The company traded as high as $179.84 and last traded at $179.04. Approximately 23,027,782 shares were traded during mid-day trading, an increase of 57% from the average daily volume of 14,690,372 shares. The stock had previously closed at $170.50.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Monness Crespi & Hardt upgraded Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. Cantor Fitzgerald decreased their price objective on Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Benchmark reiterated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Wells Fargo & Company reissued an “equal weight” rating and issued a $54.00 target price (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. Finally, Canaccord Genuity Group raised their target price on shares of Strategy from $464.00 to $474.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. 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 company’s stock. According to data from MarketBeat, Strategy has a consensus rating of “Moderate Buy” and an average target price of $485.80.

Strategy Stock Up 5.0%

The firm has a market capitalization of $51.45 billion, a PE ratio of 15.76 and a beta of 3.87. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. The company has a 50-day moving average price of $281.50 and a 200 day moving average price of $346.78.

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

Insider Buying and Selling

In related news, Director Jarrod M. Patten acquired 12,000 shares of Strategy stock in a transaction dated Friday, October 17th. The shares were purchased at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the transaction, the director directly owned 29,335 shares in the company, valued at approximately $2,841,974.80. This represents a 69.22% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Wei-Ming Shao sold 2,600 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $202.02, for a total transaction of $525,252.00. Following the completion of the transaction, the executive vice president directly owned 32,726 shares in the company, valued at $6,611,306.52. This trade represents a 7.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have acquired 36,399 shares of company stock valued at $3,539,220 and have sold 53,177 shares valued at $17,122,166. Company insiders own 8.46% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MSTR. Resona Asset Management Co. Ltd. boosted its stake in Strategy by 13.6% during 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 buying an additional 9,338 shares during the last quarter. Stevens Capital Management LP bought a new stake in Strategy in the 2nd quarter worth approximately $35,967,000. Tradewinds LLC. purchased a new stake in shares of Strategy during the 2nd quarter worth approximately $556,000. Swiss National Bank boosted its position in shares of Strategy by 17.1% during the 2nd quarter. Swiss National Bank now owns 749,300 shares of the software maker’s stock valued at $302,890,000 after acquiring an additional 109,500 shares during the last quarter. Finally, Fiduciary Alliance LLC boosted its position 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 acquiring an additional 9,937 shares during the last quarter. Institutional investors own 59.84% of the company’s stock.

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.