Strategy (NASDAQ:MSTR) Sets New 12-Month Low After Insider Selling

Strategy Inc (NASDAQ:MSTR)’s share price hit a new 52-week low during trading on Thursday following insider selling activity. The company traded as low as $181.73 and last traded at $186.50, with a volume of 27733295 shares. The stock had previously closed at $206.80.

Specifically, EVP Wei-Ming Shao sold 2,600 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $202.02, for a total transaction of $525,252.00. Following the completion of the sale, the executive vice president owned 32,726 shares in the company, valued at approximately $6,611,306.52. This trade represents a 7.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Wei-Ming Shao sold 2,600 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $200.00, for a total transaction of $520,000.00. Following the completion of the transaction, the executive vice president owned 32,726 shares in the company, valued at approximately $6,545,200. This trade represents a 7.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In other Strategy news, EVP Wei-Ming Shao sold 5,334 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $226.36, for a total transaction of $1,207,404.24. Following the completion of the sale, the executive vice president directly owned 32,726 shares in the company, valued at $7,407,857.36. This trade represents a 14.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on MSTR shares. Citigroup began coverage on Strategy in a research note on Tuesday, October 21st. They set a “buy” rating and a $485.00 target price on the stock. HC Wainwright decreased their price objective on Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Benchmark reiterated a “buy” rating on shares of Strategy in a research report on Friday, October 31st. BTIG Research reduced their target price on shares of Strategy from $700.00 to $630.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Finally, Monness Crespi & Hardt upgraded shares of Strategy from a “sell” rating to a “neutral” rating in a research note on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Strategy currently has an average rating of “Moderate Buy” and an average price target of $485.80.

Strategy Price Performance

The business has a 50-day moving average of $284.48 and a two-hundred day moving average of $349.00. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The firm has a market cap of $48.99 billion, a P/E ratio of 15.01 and a beta of 3.87.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $8.52. The business had revenue of $128.69 million during the quarter, compared to the consensus estimate of $116.65 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.Strategy’s quarterly revenue was up 10.9% on a year-over-year basis. 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.

Institutional Trading of Strategy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MSTR. Binnacle Investments Inc increased 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 in the last quarter. MCF Advisors LLC bought a new stake in shares of Strategy during the second quarter worth about $35,000. Maseco LLP acquired a new stake in shares of Strategy in the 2nd quarter worth about $36,000. AllSquare Wealth Management LLC lifted its position in Strategy by 100.0% in the 2nd quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker’s stock valued at $40,000 after acquiring an additional 50 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in Strategy during the 3rd quarter valued at about $32,000. 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.