Strategy (NASDAQ:MSTR) Trading 0% Higher – Should You Buy?

Shares of Strategy Incorporated (NASDAQ:MSTR) rose 0% during trading on Tuesday . The company traded as high as $319.75 and last traded at $311.48. Approximately 4,594,384 shares traded hands during trading, a decline of 74% from the average daily volume of 17,969,895 shares. The stock had previously closed at $311.45.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on MSTR shares. Maxim Group increased their price objective on Strategy from $480.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. Keefe, Bruyette & Woods began coverage on shares of Strategy in a report on Friday, February 7th. They set an “outperform” rating and a $560.00 price objective on the stock. Barclays reduced their target price on shares of Strategy from $515.00 to $421.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Mizuho initiated coverage on Strategy in a research note on Wednesday, January 29th. They set an “outperform” rating and a $515.00 price target on the stock. Finally, Cantor Fitzgerald raised their price objective on Strategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $508.09.

Strategy Stock Down 0.5 %

The stock has a market capitalization of $79.77 billion, a price-to-earnings ratio of -55.02 and a beta of 3.46. The firm has a 50 day simple moving average of $295.29 and a 200-day simple moving average of $307.59. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65.

Strategy (NASDAQ:MSTR) last announced its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

Insider Buying and Selling

In other Strategy news, EVP Wei-Ming Shao acquired 500 shares of Strategy stock in a transaction on Thursday, March 20th. The shares were bought at an average price of $85.00 per share, with a total value of $42,500.00. Following the completion of the purchase, the executive vice president now owns 500 shares in the company, valued at $42,500. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Leslie J. Rechan sold 15,000 shares of the stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $335.90, for a total value of $5,038,500.00. Following the sale, the director now owns 4,970 shares in the company, valued at $1,669,423. The trade was a 75.11 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have acquired 8,000 shares of company stock worth $680,000 and have sold 22,998 shares worth $7,671,926. 9.16% of the stock is owned by corporate insiders.

Institutional Trading of Strategy

Hedge funds have recently modified their holdings of the stock. Handelsbanken Fonder AB raised its position in Strategy by 4.2% in the 1st quarter. Handelsbanken Fonder AB now owns 50,060 shares of the software maker’s stock worth $14,431,000 after purchasing an additional 2,000 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Strategy by 47.7% during the first quarter. GAMMA Investing LLC now owns 830 shares of the software maker’s stock worth $239,000 after acquiring an additional 268 shares during the last quarter. Yousif Capital Management LLC lifted its stake in shares of Strategy by 42.9% during the first quarter. Yousif Capital Management LLC now owns 2,909 shares of the software maker’s stock valued at $839,000 after acquiring an additional 873 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in Strategy by 40.9% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 231 shares of the software maker’s stock worth $67,000 after purchasing an additional 67 shares during the period. Finally, NBC Securities Inc. bought a new stake in Strategy during the 1st quarter worth about $236,000. 59.84% of the stock is owned by institutional investors.

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.