Strategy Inc (NASDAQ:MSTR – Get Free Report) Director Jarrod Patten sold 4,750 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $141.00, for a total value of $669,750.00. Following the transaction, the director directly owned 28,406 shares in the company, 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 is available through the SEC website.
Strategy Stock Down 0.3%
NASDAQ MSTR traded down $0.37 on Friday, reaching $128.93. The company had a trading volume of 13,777,366 shares, compared to its average volume of 21,408,330. The firm has a market capitalization of $49.54 billion, a PE ratio of -2.12 and a beta of 3.60. Strategy Inc has a 1 year low of $81.81 and a 1 year high of $249.96. The firm has a 50-day moving average of $144.60 and a 200-day moving average of $133.72. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.04 and a quick ratio of 5.39.
Strategy (NASDAQ:MSTR – Get Free Report) last issued its quarterly earnings data 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 company had revenue of $125.43 million during the quarter, compared to the consensus estimate of $127.76 million. Strategy had a negative net margin of 2,760.33% and a negative return on equity of 32.71%. Strategy’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter last year, the company earned $8.42 earnings per share. On average, equities research analysts anticipate that Strategy Inc will post -13.01 EPS for the current fiscal year.
Institutional Investors Weigh In On Strategy
Several hedge funds and other institutional investors have recently bought and sold shares of MSTR. Farther Finance Advisors LLC grew its position in shares of Strategy by 0.5% during the third quarter. Farther Finance Advisors LLC now owns 14,162 shares of the software maker’s stock worth $2,168,000 after buying an additional 69 shares in the last quarter. V Square Quantitative Management LLC raised its holdings in Strategy by 21.6% in the third quarter. V Square Quantitative Management LLC now owns 524 shares of the software maker’s stock valued at $80,000 after acquiring an additional 93 shares in the last quarter. Sterling Capital Management LLC raised its holdings in Strategy by 8.1% in the third quarter. Sterling Capital Management LLC now owns 1,315 shares of the software maker’s stock valued at $201,000 after acquiring an additional 98 shares in the last quarter. Rahlfs Capital LLC raised its holdings in Strategy by 4.0% in the third quarter. Rahlfs Capital LLC now owns 2,585 shares of the software maker’s stock valued at $396,000 after acquiring an additional 100 shares in the last quarter. Finally, Weaver Consulting Group boosted its stake in Strategy by 3.4% during the 3rd quarter. Weaver Consulting Group now owns 3,211 shares of the software maker’s stock valued at $492,000 after acquiring an additional 106 shares during the last quarter. 59.84% of the stock is currently owned by hedge funds and other institutional investors.
More Strategy News
Here are the key news stories impacting Strategy this week:
- Positive Sentiment: Saylor said he believes Bitcoin’s bull market could last another two to three years, citing possible demand drivers including digital credit, bank lending, tokenization and the 2028 halving. Strategy’s large Bitcoin holdings give investors substantial upside exposure if prices recover. Michael Saylor Says Bitcoin Bull Market Could Last 2-3 Years
- Neutral Sentiment: Strategy’s preferred stock, STRC, reportedly returned to its $100 par value, a sign of firmer demand for that financing vehicle. It may support the company’s Bitcoin-buying strategy, though it does not remove the risks tied to MSTR’s common shares. Strategy’s STRC hits par for first time since May
- Negative Sentiment: Recent reports link MSTR’s steep losses to Bitcoin falling below $76,000 and weakness across technology stocks. Because the market value of Strategy’s Bitcoin holdings drives much of its equity valuation, the stock can move more sharply than Bitcoin during sell-offs. Strategy Sinks 9% as Bitcoin Tumbles Below $76,000 and Tech Sells Off
- Negative Sentiment: Coverage also raises uncertainty around a possible CFO departure and whether MSTR’s valuation fully reflects its prospects. Those concerns may add to investor caution amid Bitcoin’s decline. Strategy CFO Exit Looms, Does The Stock Look Fully Valued?
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Strategy in a report on Monday. Mizuho set a $165.00 price target on shares of Strategy in a research note on Monday, August 10th. HC Wainwright reiterated a “buy” rating and issued a $250.00 price objective on shares of Strategy in a report on Friday, October 30th. B. Riley Financial decreased their price objective on shares of Strategy from $195.00 to $180.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, UBS Group restated a “buy” rating on shares of Strategy in a research note on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Strategy presently has a consensus rating of “Moderate Buy” and an average target price of $244.79.
View Our Latest Research Report on Strategy
About Strategy
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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