Key Points
- Strategy director Jarrod Patten sold 7,250 shares on May 28 at an average price of $147.74, generating about $1.07 million. After the sale, he still held 28,000 shares, a position worth roughly $4.14 million.
- MSTR recently reported a very weak quarter, with EPS of -$38.25 versus expectations of -$0.86, even though revenue came in slightly above estimates at $124.3 million and rose 11.9% year over year.
- Analysts remain generally constructive on the stock despite some target cuts, with Mizuho lowering its price target to $265 but maintaining an outperform rating and the consensus rating still sitting at “Moderate Buy.”
Strategy Inc (NASDAQ:MSTR - Get Free Report) Director Jarrod Patten sold 7,250 shares of the company's stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $147.74, for a total transaction of $1,071,115.00. Following the completion of the transaction, the director owned 28,000 shares in the company, valued at approximately $4,136,720. This represents a 20.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Strategy Price Performance
Shares of MSTR opened at $149.78 on Tuesday. Strategy Inc has a twelve month low of $104.17 and a twelve month high of $457.22. The company has a market capitalization of $52.49 billion, a P/E ratio of -3.73 and a beta of 3.50. The firm has a 50 day moving average of $154.39 and a 200 day moving average of $156.28. The company has a quick ratio of 6.05, a current ratio of 6.05 and a debt-to-equity ratio of 0.22.
Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The software maker reported ($38.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.86) by ($37.39). Strategy had a negative net margin of 2,482.01% and a negative return on equity of 26.97%. The business had revenue of $124.30 million during the quarter, compared to the consensus estimate of $120.75 million. During the same period last year, the company posted ($16.49) earnings per share. The business's revenue was up 11.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Strategy Inc will post 116.7 earnings per share for the current fiscal year.
More Strategy News
Here are the key news stories impacting Strategy this week:
- Positive Sentiment: Analyst support remains in place, with Mizuho lowering its price target to $265 but keeping an outperform stance, implying meaningful upside versus the current share price. Article Title
- Neutral Sentiment: Michael Saylor’s recent social-media posts have revived speculation that Strategy may resume bitcoin purchases soon, which could support the stock if confirmed. Article Title
- Negative Sentiment: Multiple reports say the rare bitcoin sale has rattled investors and challenged the company’s long-standing “never sell” reputation, adding pressure to MSTR’s premium valuation. Article Title
Institutional Trading of Strategy
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Capital International Investors boosted its holdings in Strategy by 37.3% in the 4th quarter. Capital International Investors now owns 20,614,868 shares of the software maker's stock worth $3,132,460,000 after buying an additional 5,600,573 shares during the period. Vanguard Group Inc. lifted its position in shares of Strategy by 21.0% in the fourth quarter. Vanguard Group Inc. now owns 24,062,886 shares of the software maker's stock valued at $3,656,356,000 after acquiring an additional 4,178,611 shares in the last quarter. Amundi lifted its position in shares of Strategy by 373.7% in the fourth quarter. Amundi now owns 4,790,702 shares of the software maker's stock valued at $727,947,000 after acquiring an additional 3,779,340 shares in the last quarter. Norges Bank bought a new position in shares of Strategy in the fourth quarter worth about $536,140,000. Finally, Capital Research Global Investors boosted its stake in shares of Strategy by 66.7% in the fourth quarter. Capital Research Global Investors now owns 7,008,535 shares of the software maker's stock worth $1,064,963,000 after acquiring an additional 2,803,277 shares during the period. 59.84% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on MSTR shares. Texas Capital raised Strategy to a "strong-buy" rating in a research report on Thursday, March 19th. Weiss Ratings restated a "hold (c)" rating on shares of Strategy in a research note on Friday, March 27th. Mizuho dropped their price target on shares of Strategy from $320.00 to $265.00 and set an "outperform" rating on the stock in a report on Monday. BTIG Research reiterated a "buy" rating and issued a $350.00 price target (up from $250.00) on shares of Strategy in a research note on Wednesday, May 6th. Finally, TD Cowen boosted their price objective on shares of Strategy from $395.00 to $400.00 and gave the company a "buy" rating in a report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $318.29.
Check Out Our Latest Stock Analysis on MSTR
Strategy Company Profile
(
Get Free Report)
Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.
Founded in 1989 by Michael J.
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