Key Points
- Strategy director Jarrod Patten sold 4,750 shares for $669,750 at an average price of $141, reducing his stake by 14.33%; he retained 28,406 shares after the transaction.
- Strategy shares opened at $128.93 and were reported down 0.3%. The company beat quarterly EPS estimates ($44.75 versus $20.19), but revenue of $125.43 million fell short of expectations and declined 2.5% year over year.
- Analysts hold a consensus “Moderate Buy” rating, with an average price target of $244.79; the article also notes that Bitcoin weakness has weighed on Strategy shares.
Strategy Inc (NASDAQ:MSTR - Get Free Report) Director Jarrod Patten sold 4,750 shares of the firm's stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $141.00, for a total transaction of $669,750.00. Following the transaction, the director owned 28,406 shares of the company's stock, valued at $4,005,246. This trade represents a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Strategy Trading Down 0.3%
Shares of MSTR stock opened at $128.93 on Friday. The stock has a 50-day simple moving average of $144.43 and a 200 day simple moving average of $133.56. The company has a quick ratio of 5.39, a current ratio of 4.04 and a debt-to-equity ratio of 0.10. Strategy Inc has a fifty-two week low of $81.81 and a fifty-two week high of $249.96. The stock has a market capitalization of $49.54 billion, a P/E ratio of -2.12 and a beta of 3.60.
Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The software maker reported $44.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $20.19 by $24.56. The business had revenue of $125.43 million for the quarter, compared to analysts' expectations of $127.76 million. Strategy had a negative return on equity of 32.71% and a negative net margin of 2,760.33%. The firm's quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $8.42 earnings per share. On average, sell-side analysts expect that Strategy Inc will post -13.01 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on MSTR. Canaccord Genuity Group increased their price objective on Strategy from $175.00 to $179.00 and gave the company a "buy" rating in a report on Tuesday, September 8th. UBS Group reissued a "buy" rating on shares of Strategy in a report on Friday, July 31st. Barclays reaffirmed an "overweight" rating and issued a $175.00 price target (up from $160.00) on shares of Strategy in a research report on Friday, October 9th. HC Wainwright reissued a "buy" rating and issued a $250.00 price target on shares of Strategy in a report on Friday, October 30th. Finally, Alliance Global Partners started coverage on Strategy in a report on Tuesday, September 1st. They set a "buy" rating and a $217.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $244.79.
Get Our Latest Research Report on MSTR
Strategy News Roundup
Here are the key news stories impacting Strategy this week:
- Positive Sentiment: Michael Saylor said he believes Bitcoin’s bull market could last another two to three years, citing potential demand from digital credit, bank lending, tokenization and the 2028 halving. His outlook supports Strategy’s long-term Bitcoin investment thesis, though it does not offset short-term price volatility. Michael Saylor Says Bitcoin Bull Market Could Last 2-3 Years
- Positive Sentiment: Strategy’s preferred stock STRC returned to its $100 par value, a potential sign of investor confidence in the security and the company’s financing strategy for Bitcoin accumulation. Strategy's STRC hits par for first time since May
- Negative Sentiment: Bitcoin fell below $76,000 amid a broader technology-stock sell-off, weighing on Strategy and other crypto-related stocks. Reports noted MSTR’s declines can be amplified relative to Bitcoin, making its shares vulnerable when crypto prices fall. Strategy Sinks as Bitcoin Tumbles Below $76,000
- Negative Sentiment: Director Jarrod Patten sold 4,750 shares for about $670,000, reducing his direct holding by 14.33%. The disclosed sale may weigh on sentiment, although it does not by itself establish a change in the company’s outlook. SEC filing on director stock sale
- Negative Sentiment: Recent coverage raised concerns about an impending CFO departure and whether MSTR’s valuation is full, adding to uncertainty around the stock. Strategy CFO Exit Looms, Does The Stock Look Fully Valued?
Institutional Trading of Strategy
Institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC grew its position in shares of Strategy by 122.6% during the first quarter. Renaissance Technologies LLC now owns 2,130,881 shares of the software maker's stock worth $265,934,000 after buying an additional 1,173,549 shares in the last quarter. State Street Corp raised its position in shares of Strategy by 7.2% during the 2nd quarter. State Street Corp now owns 7,527,561 shares of the software maker's stock valued at $654,371,000 after acquiring an additional 506,635 shares during the last quarter. Royal Bank of Canada increased its stake in Strategy by 685.2% in the 1st quarter. Royal Bank of Canada now owns 339,001 shares of the software maker's stock valued at $42,308,000 after buying an additional 295,829 shares during the last quarter. Aberdeen Group plc increased its position in Strategy by 1,915.7% during the third quarter. Aberdeen Group plc now owns 304,492 shares of the software maker's stock worth $46,615,000 after acquiring an additional 289,386 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Strategy during the 3rd quarter worth approximately $25,816,000. 59.84% of the stock is owned by hedge funds and other institutional investors.
About Strategy
(
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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