Strategy (NASDAQ:MSTR) Shares Down 8.1% – Should You Sell?

Strategy Inc (NASDAQ:MSTR)’s share price traded down 8.1% on Monday . The stock traded as low as $160.54 and last traded at $162.08. 24,809,935 shares changed hands during mid-day 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

A number of equities analysts have weighed in on the company. Citigroup began coverage on Strategy in a research note on Tuesday, October 21st. They issued a “buy” rating and a $485.00 target price on the stock. Cantor Fitzgerald reissued an “overweight” rating on shares of Strategy in a report on Friday, December 5th. Benchmark reaffirmed a “buy” rating on shares of Strategy in a research note on Monday, December 1st. Weiss Ratings reissued a “hold (c+)” rating on shares of Strategy in a research note on Monday. Finally, Monness Crespi & Hardt upgraded shares of Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $475.80.

Strategy Trading Down 4.3%

The stock has a market capitalization of $46.09 billion, a P/E ratio of 7.46 and a beta of 3.40. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.16. The stock’s fifty day moving average price is $231.89 and its two-hundred day moving average price is $322.52.

Strategy (NASDAQ:MSTR) last issued its earnings results on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $8.52. Strategy had a net margin of 1,667.09% and a return on equity of 20.98%. The company had revenue of $128.69 million for the quarter, compared to analysts’ expectations of $116.65 million. During the same quarter last year, the company earned ($1.56) EPS. The firm’s revenue was up 10.9% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In other news, Director Jarrod M. Patten bought 12,000 shares of the business’s stock in a transaction dated Friday, October 17th. The shares were purchased at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the completion of the acquisition, the director owned 29,335 shares of the company’s stock, valued at approximately $2,841,974.80. This trade represents a 69.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Jane A. Dietze purchased 1,100 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were purchased at an average price of $95.28 per share, with a total value of $104,808.00. Following the completion of the acquisition, the director directly owned 2,600 shares in the company, valued at $247,728. The trade was a 73.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have purchased 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 corporate insiders.

Hedge Funds Weigh In On Strategy

A number of hedge funds have recently modified their holdings of the company. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Strategy in the third quarter worth about $32,000. Quent Capital LLC purchased a new stake in Strategy in the 3rd quarter worth approximately $33,000. Binnacle Investments Inc grew its position in shares of Strategy by 492.9% in the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock worth $34,000 after buying an additional 69 shares during the last quarter. MCF Advisors LLC purchased a new position in shares of Strategy during the second quarter valued at approximately $35,000. Finally, Maseco LLP purchased a new position in shares of Strategy during the second quarter valued at approximately $36,000. Hedge funds and other 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.