Strategy (NASDAQ:MSTR) Trading 3.1% Higher – Here’s Why

Strategy Inc (NASDAQ:MSTR) shares shot up 3.1% on Tuesday . The company traded as high as $344.53 and last traded at $344.92. 4,024,499 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 15,136,603 shares. The stock had previously closed at $334.41.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on MSTR. UBS Group reissued a “buy” rating on shares of Strategy in a research note on Friday, May 16th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Strategy in a research note on Wednesday, August 13th. Benchmark reaffirmed a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. TD Cowen boosted their price objective on shares of Strategy from $590.00 to $680.00 and gave the company a “buy” rating in a research report on Tuesday, July 15th. Finally, Mizuho increased their price target on Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Strategy presently has an average rating of “Moderate Buy” and an average price target of $552.50.

Strategy Trading Up 1.8%

The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The company has a 50 day moving average of $390.33 and a 200 day moving average of $355.24. The stock has a market capitalization of $96.50 billion, a price-to-earnings ratio of 29.96 and a beta of 3.82.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $32.72. The company had revenue of $114.49 million for the quarter, compared to analyst estimates of $112.68 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($5.74) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In other news, Director Peter L. Briger, Jr. purchased 220,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The shares were purchased at an average price of $90.00 per share, with a total value of $19,800,000.00. Following the purchase, the director directly owned 220,000 shares of the company’s stock, valued at approximately $19,800,000. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Andrew Kang sold 18,750 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $395.00, for a total value of $7,406,250.00. Following the sale, the chief financial officer directly owned 24,460 shares in the company, valued at approximately $9,661,700. This represents a 43.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders acquired 268,251 shares of company stock valued at $24,143,304 and sold 151,363 shares valued at $62,739,988. 8.46% of the stock is owned by insiders.

Institutional Trading of Strategy

Several hedge funds have recently added to or reduced their stakes in MSTR. Total Investment Management Inc. bought a new stake in shares of Strategy in the 2nd quarter worth $280,000. Centaurus Financial Inc. grew its stake in Strategy by 2.2% in the second quarter. Centaurus Financial Inc. now owns 5,842 shares of the software maker’s stock valued at $2,362,000 after purchasing an additional 126 shares in the last quarter. Orion Porfolio Solutions LLC lifted its stake in shares of Strategy by 5.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 23,494 shares of the software maker’s stock valued at $9,497,000 after purchasing an additional 1,163 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH acquired a new position in Strategy during the second quarter valued at approximately $355,000. Finally, TT Capital Management LLC acquired a new position in shares of Strategy during the 2nd quarter worth about $902,000. 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.