Brokerages Set Strategy Inc (NASDAQ:MSTR) Price Target at $552.50

Shares of Strategy Inc (NASDAQ:MSTR) have earned an average rating of “Moderate Buy” from the fourteen analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $552.50.

Several research analysts recently issued reports on the company. Cowen reaffirmed a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Barclays restated a “hold” rating on shares of Strategy in a research note on Monday, May 19th. Benchmark reaffirmed a “buy” rating on shares of Strategy in a research report on Wednesday, August 13th. Mizuho boosted their target price 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. Finally, UBS Group reaffirmed a “buy” rating on shares of Strategy in a report on Friday, May 16th.

Strategy Trading Down 0.6%

NASDAQ:MSTR opened at $326.45 on Monday. The stock has a market capitalization of $92.56 billion, a price-to-earnings ratio of 28.74 and a beta of 3.82. Strategy has a 52 week low of $121.30 and a 52 week high of $543.00. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The firm has a 50 day moving average of $382.42 and a 200 day moving average of $355.21.

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

Insider Transactions at Strategy

In related news, CAO Jeanine Montgomery sold 43,750 shares of the firm’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $430.54, for a total value of $18,836,125.00. Following the completion of the transaction, the chief accounting officer owned 8,606 shares in the company, valued at $3,705,227.24. This trade represents a 83.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Andrew Kang sold 18,750 shares of the business’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $395.00, for a total value of $7,406,250.00. Following the sale, the chief financial officer owned 24,460 shares in the company, valued at approximately $9,661,700. The trade was a 43.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders acquired 252,974 shares of company stock worth $22,844,759 and sold 142,150 shares worth $59,289,351. Insiders own 8.46% of the company’s stock.

Hedge Funds Weigh In On Strategy

Hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Strategy in the 2nd quarter valued at $1,203,062,000. Amundi lifted its position in Strategy by 378.9% during the second quarter. Amundi now owns 1,783,982 shares of the software maker’s stock valued at $717,660,000 after purchasing an additional 1,411,500 shares during the period. State Street Corp lifted its position in Strategy by 9.9% during the second quarter. State Street Corp now owns 5,484,569 shares of the software maker’s stock valued at $2,217,027,000 after purchasing an additional 495,278 shares during the period. Harvest Portfolios Group Inc. boosted its holdings in Strategy by 181.8% in the second quarter. Harvest Portfolios Group Inc. now owns 708,040 shares of the software maker’s stock valued at $286,211,000 after purchasing an additional 456,745 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in Strategy by 42,473.7% during the 1st quarter. GAMMA Investing LLC now owns 239,264 shares of the software maker’s stock worth $68,973,000 after purchasing an additional 238,702 shares during the period. Institutional investors and hedge funds 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.