Strategy (NASDAQ:MSTR) Trading Down 2.4% on Insider Selling

Strategy Inc (NASDAQ:MSTR)’s stock price dropped 2.4% on Tuesday following insider selling activity. The company traded as low as $327.77 and last traded at $327.78. Approximately 9,340,469 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 14,823,708 shares. The stock had previously closed at $335.93.

Specifically, EVP Wei-Ming Shao sold 10,000 shares of the business’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $355.79, for a total value of $3,557,900.00. Following the completion of the transaction, the executive vice president directly owned 12,726 shares of the company’s stock, valued at approximately $4,527,783.54. The trade was a 44.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Wall Street Analysts Forecast Growth

MSTR has been the subject of several recent research reports. Cantor Fitzgerald reissued an “overweight” rating on shares of Strategy in a research report on Wednesday, August 13th. TD Cowen reduced their price target on Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $464.00 target price on shares of Strategy in a research report on Tuesday, August 26th. Cowen reaffirmed a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Finally, Mizuho upped their target price on Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $547.50.

Strategy Trading Down 1.4%

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 50 day simple moving average of $364.55 and a two-hundred day simple moving average of $359.43. The firm has a market cap of $91.67 billion, a PE ratio of 28.46 and a beta of 3.82.

Strategy (NASDAQ:MSTR) last posted its quarterly earnings results on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $32.72. The business had revenue of $114.49 million for the quarter, compared to the consensus estimate of $112.68 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($5.74) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Institutional Trading of Strategy

Large investors have recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. boosted its holdings in Strategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after purchasing an additional 24 shares during the period. Mutual Advisors LLC boosted its holdings in Strategy by 2.0% in the second quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker’s stock valued at $548,000 after purchasing an additional 27 shares during the period. Bernardo Wealth Planning LLC boosted its holdings in Strategy by 3.9% in the second quarter. Bernardo Wealth Planning LLC now owns 772 shares of the software maker’s stock valued at $312,000 after purchasing an additional 29 shares during the period. Smith Anglin Financial LLC boosted its holdings in Strategy by 1.2% in the second quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock valued at $1,025,000 after purchasing an additional 30 shares during the period. Finally, GPS Wealth Strategies Group LLC boosted its holdings in Strategy by 2.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,163 shares of the software maker’s stock valued at $470,000 after purchasing an additional 31 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

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.