Strategy (NASDAQ:MSTR) Shares Up 0% – Still a Buy?

Strategy Incorporated (NASDAQ:MSTR) was up 0% on Tuesday . The stock traded as high as $319.75 and last traded at $311.48. Approximately 4,594,384 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 17,969,895 shares. The stock had previously closed at $311.45.

Wall Street Analyst Weigh In

A number of analysts have commented on MSTR shares. Monness Crespi & Hardt lowered shares of Strategy from a “neutral” rating to a “sell” rating and set a $220.00 target price for the company. in a report on Tuesday, April 1st. Maxim Group upped their price objective on Strategy from $480.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Cantor Fitzgerald raised their target price on Strategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Benchmark reiterated a “buy” rating and issued a $650.00 price target on shares of Strategy in a research report on Tuesday, January 14th. Finally, Barclays decreased their price objective on shares of Strategy from $515.00 to $421.00 and set an “overweight” rating for the company in a report on Monday, February 10th. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Strategy has an average rating of “Moderate Buy” and a consensus price target of $508.09.

Strategy Price Performance

The stock has a market cap of $79.77 billion, a price-to-earnings ratio of -55.02 and a beta of 3.46. The company has a 50 day simple moving average of $295.29 and a 200-day simple moving average of $307.59. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39.

Strategy (NASDAQ:MSTR) last released its earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($3.07). Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Insider Buying and Selling

In related news, CEO Phong Le purchased 6,000 shares of Strategy stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average cost of $85.00 per share, with a total value of $510,000.00. Following the completion of the transaction, the chief executive officer now owns 6,000 shares of the company’s stock, valued at approximately $510,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Wei-Ming Shao purchased 500 shares of the stock in a transaction on Thursday, March 20th. The shares were bought at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the transaction, the executive vice president now directly owns 500 shares in the company, valued at approximately $42,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 8,000 shares of company stock worth $680,000 and sold 22,998 shares worth $7,671,926. 9.16% of the stock is currently owned by corporate insiders.

Institutional Trading of Strategy

Several institutional investors and hedge funds have recently added to or reduced their stakes in MSTR. Riverview Trust Co bought a new stake in shares of Strategy in the 4th quarter valued at about $25,000. IAG Wealth Partners LLC bought a new stake in Strategy in the fourth quarter valued at approximately $25,000. Quadrant Capital Group LLC lifted its position in shares of Strategy by 855.6% in the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker’s stock valued at $25,000 after buying an additional 77 shares during the last quarter. Dunhill Financial LLC bought a new position in shares of Strategy during the 4th quarter worth approximately $26,000. Finally, Sunbelt Securities Inc. increased its holdings in shares of Strategy by 900.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 160 shares of the software maker’s stock worth $27,000 after acquiring an additional 144 shares during the last quarter. 59.84% of the stock is owned by institutional investors.

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.