Strategy (NASDAQ:MSTR) Trading Up 1.2% - Should You Buy?

Strategy Incorporated (NASDAQ:MSTR - Get Free Report)'s share price rose 1.2% during mid-day trading on Thursday . The company traded as high as $350.40 and last traded at $349.81. Approximately 3,754,435 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 17,951,725 shares. The stock had previously closed at $345.73.

Wall Street Analyst Weigh In

MSTR has been the subject of several recent research reports. Maxim Group upped their price target on shares of Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th. Monness Crespi & Hardt downgraded Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective on the stock. in a report on Tuesday, April 1st. Benchmark reissued a "buy" rating and issued a $650.00 price target on shares of Strategy in a research report on Tuesday, January 14th. Compass Point raised Strategy to a "strong-buy" rating in a research note on Wednesday, January 29th. Finally, Barclays cut their target price on Strategy from $515.00 to $421.00 and set an "overweight" rating on the stock in a report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $508.09.

Strategy Price Performance

The stock has a market cap of $94.89 billion, a price-to-earnings ratio of -65.46 and a beta of 3.46. The company's 50-day moving average is $295.57 and its 200-day moving average is $315.54. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39.

Strategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 Activity at Strategy

In other news, Director Leslie J. Rechan sold 15,000 shares of the firm's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $335.90, for a total value of $5,038,500.00. Following the transaction, the director now owns 4,970 shares of the company's stock, valued at approximately $1,669,423. This trade represents a 75.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Wei-Ming Shao acquired 500 shares of Strategy stock in a transaction on Thursday, March 20th. The stock was acquired at an average cost of $85.00 per share, for a total transaction of $42,500.00. Following the completion of the purchase, the executive vice president now owns 500 shares of the company's stock, valued at approximately $42,500. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders acquired 8,000 shares of company stock valued at $680,000 and sold 34,698 shares valued at $11,403,343. Insiders own 9.16% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC raised its position in shares of Strategy by 855.6% in the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock valued at $25,000 after acquiring an additional 77 shares during the period. Riverview Trust Co acquired a new stake in shares of Strategy in the 4th quarter valued at about $25,000. IAG Wealth Partners LLC acquired a new stake in Strategy in the 4th quarter valued at approximately $25,000. Dunhill Financial LLC bought a new stake in shares of Strategy in the fourth quarter worth $26,000. Finally, Safe Harbor Fiduciary LLC increased its stake in Strategy by 820.0% in the 4th quarter. Safe Harbor Fiduciary LLC now owns 92 shares of the software maker's stock valued at $27,000 after buying an additional 82 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

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.