Strategy (NASDAQ:MSTR) Shares Up 9.2% - Should You Buy?

Shares of Strategy Incorporated (NASDAQ:MSTR - Get Free Report) traded up 9.2% during mid-day trading on Tuesday . The company traded as high as $348.10 and last traded at $346.97. 9,801,308 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 17,937,349 shares. The stock had previously closed at $317.76.

Analyst Ratings Changes

Several brokerages have weighed in on MSTR. Maxim Group lifted their target price on Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Canaccord Genuity Group cut their price objective on shares of Strategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Compass Point upgraded shares of Strategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Barclays dropped their price target on shares of Strategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Finally, Benchmark reiterated a "buy" rating and issued a $650.00 price objective on shares of Strategy in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $508.09.

Strategy Stock Up 1.0 %

The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The stock has a market capitalization of $89.86 billion, a P/E ratio of -61.65 and a beta of 3.46. The stock's fifty day moving average is $294.63 and its two-hundred day moving average is $313.19.

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

Insider Buying and Selling

In other news, EVP Wei-Ming Shao bought 500 shares of the company's stock in a transaction dated Thursday, March 20th. The shares were acquired at an average cost of $85.00 per share, with a total value of $42,500.00. Following the completion of 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 position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Leslie J. Rechan sold 15,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total transaction of $5,038,500.00. Following the sale, the director now owns 4,970 shares in the company, valued at $1,669,423. This represents a 75.11 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have purchased 8,000 shares of company stock valued at $680,000 and have sold 32,998 shares valued at $10,821,926. 9.16% of the stock is currently owned by company insiders.

Institutional Trading of Strategy

Hedge funds and other institutional investors have recently modified their holdings of the business. Quadrant Capital Group LLC lifted its stake in Strategy by 855.6% in the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after acquiring an additional 77 shares in the last quarter. Riverview Trust Co acquired a new position in shares of Strategy in the 4th quarter valued at about $25,000. IAG Wealth Partners LLC purchased a new stake in shares of Strategy in the fourth quarter worth approximately $25,000. Dunhill Financial LLC acquired a new stake in shares of Strategy during the fourth quarter worth approximately $26,000. Finally, Safe Harbor Fiduciary LLC grew its position in Strategy by 820.0% during the fourth quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker's stock valued at $27,000 after purchasing an additional 82 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

About Strategy

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.