Strategy (NASDAQ:MSTR) Hits New 1-Year Low – Here’s Why

Strategy Inc (NASDAQ:MSTR)’s stock price reached a new 52-week low on Thursday . The company traded as low as $219.59 and last traded at $225.1540, with a volume of 1470769 shares trading hands. The stock had previously closed at $224.61.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MSTR shares. BTIG Research dropped their price target on Strategy from $700.00 to $630.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Citigroup began coverage on shares of Strategy in a research report on Tuesday, October 21st. They issued a “buy” rating and a $485.00 target price on the stock. Canaccord Genuity Group boosted their price target on shares of Strategy from $464.00 to $474.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Cantor Fitzgerald decreased their price objective on shares of Strategy from $697.00 to $560.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Finally, Mizuho lifted their price objective on shares of Strategy from $563.00 to $586.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $485.80.

Strategy Stock Down 4.2%

The business’s 50 day simple moving average is $298.59 and its 200-day simple moving average is $355.86. 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 market cap of $57.40 billion, a price-to-earnings ratio of 17.58 and a beta of 3.87.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $8.52. The business had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.65 million. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. Strategy’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business posted ($1.56) earnings per share. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Activity

In other news, Director Jarrod M. Patten purchased 12,000 shares of the stock in a transaction that occurred on Friday, October 17th. The stock was acquired at an average price of $96.88 per share, with a total value of $1,162,560.00. Following the purchase, the director owned 29,335 shares in the company, valued at $2,841,974.80. This represents a 69.22% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Wei-Ming Shao sold 2,600 shares of the stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $223.67, for a total value of $581,542.00. Following the completion of the transaction, the executive vice president owned 32,726 shares in the company, valued at $7,319,824.42. This represents a 7.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have bought 36,399 shares of company stock valued at $3,539,220 and have sold 47,934 shares valued at $16,067,946. 8.46% of the stock is owned by insiders.

Institutional Trading of Strategy

Several large investors have recently modified their holdings of MSTR. Pilgrim Partners Asia Pte Ltd acquired a new position in Strategy during the 3rd quarter worth $32,000. Quent Capital LLC acquired a new position in shares of Strategy during the 3rd quarter worth about $33,000. Binnacle Investments Inc boosted its stake in Strategy by 492.9% during the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after purchasing an additional 69 shares during the period. MCF Advisors LLC acquired a new stake in Strategy in the 2nd quarter valued at approximately $35,000. Finally, Maseco LLP bought a new position in Strategy in the 2nd quarter worth approximately $36,000. 59.84% of the stock is owned by institutional investors.

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.