Strategy (NASDAQ:MSTR) Stock Price Down 3.8% – Time to Sell?

Shares of Strategy Inc (NASDAQ:MSTR) were down 3.8% during trading on Friday . The company traded as low as $176.30 and last traded at $178.99. Approximately 19,590,735 shares were traded during trading, an increase of 31% from the average daily volume of 15,010,172 shares. The stock had previously closed at $186.01.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MSTR. Mizuho increased their price target on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research note on Monday, August 11th. TD Cowen cut their price objective on shares of Strategy from $620.00 to $535.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Benchmark reiterated a “buy” rating on shares of Strategy in a report on Monday. Wells Fargo & Company reissued an “equal weight” rating and issued a $54.00 price target (down from $65.00) on shares of Strategy in a research report on Tuesday, September 30th. Finally, HC Wainwright cut their price target on Strategy from $521.00 to $475.00 and set a “buy” rating on the stock 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 assigned a Hold rating to the company. According to data from MarketBeat, Strategy currently has a consensus rating of “Moderate Buy” and a consensus target price of $485.80.

Strategy Trading Down 3.8%

The firm’s 50 day moving average price is $257.15 and its 200-day moving average price is $334.83. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.66 and a quick ratio of 0.66. The stock has a market cap of $51.43 billion, a P/E ratio of 8.33 and a beta of 3.40.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $8.52. Strategy had a net margin of 1,667.09% and a return on equity of 20.98%. The company had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.65 million. During the same quarter last year, the firm earned ($1.56) earnings per share. The firm’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.

Insiders Place Their Bets

In other Strategy news, Director Jane A. Dietze acquired 1,100 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were bought at an average cost of $95.28 per share, with a total value of $104,808.00. Following the completion of the transaction, the director directly owned 2,600 shares of the company’s stock, valued at approximately $247,728. This represents a 73.33% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jarrod M. Patten bought 12,000 shares of the firm’s stock in a transaction on Friday, October 17th. The stock was acquired at an average cost of $96.88 per share, with a total value of $1,162,560.00. Following the transaction, the director owned 29,335 shares in the company, valued at $2,841,974.80. The trade was a 69.22% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 37,380 shares of company stock valued at $3,632,719 and sold 53,177 shares valued at $17,122,166. Corporate insiders own 8.46% of the company’s stock.

Institutional Trading of Strategy

A number of institutional investors have recently made changes to their positions in MSTR. Norges Bank bought a new position in Strategy during the second quarter valued at approximately $1,203,062,000. Amundi raised its stake in Strategy by 378.9% during the 2nd quarter. Amundi now owns 1,783,982 shares of the software maker’s stock valued at $717,660,000 after buying an additional 1,411,500 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Strategy by 7.3% during the 3rd quarter. Vanguard Group Inc. now owns 19,884,275 shares of the software maker’s stock valued at $6,406,912,000 after buying an additional 1,344,519 shares during the period. Capital Research Global Investors boosted its stake in shares of Strategy by 33.6% in the 3rd quarter. Capital Research Global Investors now owns 4,205,258 shares of the software maker’s stock worth $1,354,982,000 after buying an additional 1,057,804 shares during the last quarter. Finally, Harvest Portfolios Group Inc. boosted its stake in shares of Strategy by 119.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker’s stock worth $499,593,000 after buying an additional 842,480 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.