In the latest trading session, 5.74 million Strategy (NASDAQ:MSTR) shares changed hands as the company’s beta touched 3.60. With the company’s most recent per share price at $273.68 changed hands at -$19.93 or -6.79% at last look, the market valuation stands at $71.28B. MSTR’s current price is a discount, trading about -98.41% off its 52-week high of $543.00. The share price had its 52-week low at $101.00, which suggests the last value was 63.1% up since then. When we look at Strategy’s average trading volume, we note the 10-day average is 18.07 million shares, with the 3-month average coming to 18.37 million.
Analysts gave the Strategy (MSTR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.47. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended MSTR as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
Strategy (NASDAQ:MSTR) trade information
Instantly MSTR was in red as seen in intraday trades today. With action -5.06%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -5.50%, with the 5-day performance at -5.06% in the red. However, in the 30-day time frame, Strategy (NASDAQ:MSTR) is -4.70% down. Looking at the short shares, we see there were 28.57 million shares sold at short interest cover period of 1.35 days.
The consensus price target for the stock as assigned by Wall Street analysts is 420, meaning bulls need an upside of 34.84% from its recent market value. According to analyst projections, MSTR’s forecast low is 270 with 570 as the target high. To hit the forecast high, the stock’s price needs a -108.27% plunge from its current level, while the stock would need to tank 1.34% for it to hit the projected low.
Strategy (NASDAQ:MSTR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.19% of Strategy shares while 46.28% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 46.36%. There are 46.28% institutions holding the Strategy stock share, with CAPITAL INTERNATIONAL INVESTORS the top institutional holder. As of 2024-06-30, the company held 9.6609% of the shares, roughly 1.73 million MSTR shares worth $2.38 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.0157% or 1.55 million shares worth $2.14 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were GROWTH FUND OF AMERICA and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 6.42 shares estimated at $1.89 billion under it, the former controlled 2.70% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.50% of the shares, roughly 5.95 shares worth around $1.75 billion.
