Brokerages Set Strategy Inc (NASDAQ:MSTR) Target Price at $321.86

Shares of Strategy Inc (NASDAQ:MSTR) have earned an average rating of “Moderate Buy” from the sixteen analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $322.2143.

MSTR has been the topic of a number of analyst reports. Cantor Fitzgerald reissued an “overweight” rating on shares of Strategy in a research note on Monday, May 11th. B. Riley Financial increased their price target on Strategy from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Canaccord Genuity Group set a $224.00 price target on Strategy and gave the company a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Strategy in a research note on Friday, March 27th. Finally, BTIG Research reissued a “buy” rating and issued a $350.00 price target (up from $250.00) on shares of Strategy in a research note on Wednesday, May 6th.

Strategy Stock Performance

MSTR stock opened at $159.89 on Friday. The business’s fifty day moving average is $152.77 and its 200-day moving average is $160.66. The company has a quick ratio of 6.05, a current ratio of 6.05 and a debt-to-equity ratio of 0.22. The company has a market cap of $56.03 billion, a P/E ratio of -3.98 and a beta of 3.59. Strategy has a twelve month low of $104.17 and a twelve month high of $457.22.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings results on Tuesday, May 5th. The software maker reported ($38.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.86) by ($37.39). The company had revenue of $124.30 million during the quarter, compared to analyst estimates of $120.75 million. Strategy had a negative net margin of 2,482.01% and a negative return on equity of 26.97%. The business’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the company earned ($16.49) EPS. Equities research analysts forecast that Strategy will post 116.7 EPS for the current year.

More Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: TD Cowen reiterated a Buy rating and lifted its price target on Strategy, citing continued Bitcoin accumulation and potential upside from the company’s BTC-focused model.
• Positive Sentiment: Reports that Strategy continued buying Bitcoin with capital raised from securities sales reinforce the core bull case that BTC holdings remain the main value driver for MSTR.
• Neutral Sentiment: Michael Saylor’s CNBC comments on tokenization and Strategy’s evolving capital-markets approach support the long-term Bitcoin thesis, but do not create an immediate operating catalyst.
• Negative Sentiment: Investor concern has increased after reports that Strategy may pause Bitcoin buying and could even sell some BTC to support capital-management moves or debt repurchases.
• Negative Sentiment: Zacks Research downgraded Strategy to Strong Sell, adding to bearish sentiment around the stock.
• Negative Sentiment: New insider selling, including CFO Andrew Kang’s stock sale and director Jarrod M. Patten’s disposals, is weighing on confidence in the shares.

Insider Buying and Selling at Strategy

In related news, CFO Andrew Kang sold 5,597 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $165.78, for a total transaction of $927,870.66. Following the sale, the chief financial officer owned 33,675 shares of the company’s stock, valued at approximately $5,582,641.50. This trade represents a 14.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jarrod M. Patten sold 2,250 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $166.37, for a total value of $374,332.50. Following the sale, the director directly owned 28,000 shares in the company, valued at $4,658,360. The trade was a 7.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 41,549 shares of company stock worth $6,510,803 in the last ninety days. 6.49% of the stock is currently owned by company insiders.

Institutional Trading of Strategy

Several hedge funds have recently added to or reduced their stakes in the business. Rhumbline Advisers increased its holdings in Strategy by 16.1% during the 3rd quarter. Rhumbline Advisers now owns 313,565 shares of the software maker’s stock worth $101,034,000 after purchasing an additional 43,509 shares in the last quarter. Schroder Investment Management Group increased its holdings in Strategy by 21.0% during the 3rd quarter. Schroder Investment Management Group now owns 118,478 shares of the software maker’s stock worth $38,175,000 after purchasing an additional 20,536 shares in the last quarter. Van ECK Associates Corp increased its holdings in Strategy by 46.1% during the 3rd quarter. Van ECK Associates Corp now owns 204,506 shares of the software maker’s stock worth $65,894,000 after purchasing an additional 64,482 shares in the last quarter. Harvest Portfolios Group Inc. increased its holdings in Strategy by 119.0% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker’s stock worth $499,593,000 after purchasing an additional 842,480 shares in the last quarter. Finally, Shariaportfolio Inc. increased its holdings in Strategy by 18.1% during the 3rd quarter. Shariaportfolio Inc. now owns 106,492 shares of the software maker’s stock worth $34,313,000 after purchasing an additional 16,354 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

About Strategy

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.