Strategy (NASDAQ:MSTR) Shares Down 8.1% – What’s Next?

Shares of Strategy Inc (NASDAQ:MSTR) traded down 8.1% on Monday . The stock traded as low as $160.54 and last traded at $162.08. 24,809,935 shares were traded during trading, an increase of 64% from the average session volume of 15,148,411 shares. The stock had previously closed at $176.45.

Analyst Ratings Changes

MSTR has been the subject of several research analyst reports. Cantor Fitzgerald reissued an “overweight” rating on shares of Strategy in a research report on Friday, December 5th. HC Wainwright decreased their price target on Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Strategy in a report on Tuesday, December 9th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $54.00 price target (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. Finally, Cowen restated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $475.80.

Strategy Price Performance

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 capitalization of $46.57 billion, a price-to-earnings ratio of 7.54 and a beta of 3.40. The company has a 50-day simple moving average of $239.06 and a two-hundred day simple moving average of $325.38.

Strategy (NASDAQ:MSTR) last released its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, topping 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 business 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 firm earned ($1.56) earnings per share. The company’s quarterly 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 Buying and Selling at Strategy

In other Strategy news, Director Jarrod M. Patten acquired 12,000 shares of Strategy stock in a transaction dated Friday, October 17th. The stock was acquired at an average cost of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the transaction, the director 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 SEC, which is accessible through the SEC website. Also, Director Jane A. Dietze bought 1,100 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was acquired at an average price of $95.28 per share, for a total transaction of $104,808.00. Following the completion of the transaction, the director owned 2,600 shares in the company, valued at $247,728. This trade represents a 73.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have bought 24,880 shares of company stock worth $2,421,219 and have sold 53,177 shares worth $17,122,166. 8.46% of the stock is owned by company insiders.

Hedge Funds Weigh In On Strategy

A number of institutional investors and hedge funds have recently bought and sold shares of MSTR. Vanguard Group Inc. raised its position 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 worth $6,406,912,000 after buying an additional 1,344,519 shares in the last quarter. Capital International Investors increased its stake in shares of Strategy by 2.6% during the third quarter. Capital International Investors now owns 15,014,295 shares of the software maker’s stock valued at $4,837,778,000 after acquiring an additional 383,207 shares during the period. State Street Corp increased its stake in shares of Strategy by 9.2% during 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 raised its holdings in 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 in the last quarter. Finally, Norges Bank acquired a new stake in Strategy in the second quarter worth approximately $1,203,062,000. 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.