Insider Selling: Strategy (NASDAQ:MSTR) EVP Sells 5,334 Shares of Stock

by · The Cerbat Gem

Strategy Inc (NASDAQ:MSTR – Get Free Report) EVP Wei-Ming Shao sold 5,334 shares of Strategy stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $226.36, for a total value of $1,207,404.24. Following the completion of the transaction, the executive vice president owned 32,726 shares in the company, valued at $7,407,857.36. The trade was a 14.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Wei-Ming Shao also recently made the following trade(s):

  • On Thursday, November 13th, Wei-Ming Shao sold 2,600 shares of Strategy stock. The stock was sold at an average price of $223.67, for a total value of $581,542.00.
  • On Tuesday, October 7th, Wei-Ming Shao sold 30,000 shares of Strategy stock. The shares were sold at an average price of $357.37, for a total value of $10,721,100.00.
  • On Thursday, September 18th, Wei-Ming Shao sold 10,000 shares of Strategy stock. The stock was sold at an average price of $355.79, for a total transaction of $3,557,900.00.
  • On Monday, September 15th, Wei-Ming Shao purchased 12,500 shares of Strategy stock. The shares were bought at an average cost of $96.92 per share, for a total transaction of $1,211,500.00.

Strategy Stock Down 4.2%

Strategy stock traded down $8.79 during midday trading on Friday, hitting $199.75. The stock had a trading volume of 23,084,734 shares, compared to its average volume of 14,409,803. The business has a fifty day moving average price of $301.32 and a 200 day moving average price of $357.04. Strategy Inc has a 12 month low of $194.56 and a 12 month high of $543.00. The stock has a market cap of $57.40 billion, a P/E ratio of 17.58 and a beta of 3.87. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17.

Strategy (NASDAQ:MSTR – Get Free Report) last issued its earnings results on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, topping the consensus estimate of ($0.10) by $8.52. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company had revenue of $128.69 million during the quarter, compared to analyst estimates of $116.65 million. During the same quarter last year, the firm earned ($1.56) EPS. The business’s revenue was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Analyst Upgrades and Downgrades

Several brokerages have commented on MSTR. Mizuho raised their price target on shares of Strategy from $563.00 to $586.00 and gave the company an “outperform” rating in a research note on Monday, August 11th. Citigroup started coverage on Strategy in a research note on Tuesday, October 21st. They set a “buy” rating and a $485.00 target price on the stock. China Renaissance began coverage on Strategy in a research report on Wednesday, October 15th. They set a “buy” rating and a $473.00 price target for the company. Cantor Fitzgerald cut their price objective on shares of Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Finally, Benchmark reaffirmed a “buy” rating on shares of Strategy in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $485.80.

Check Out Our Latest Stock Analysis on MSTR

Institutional Investors Weigh In On Strategy

A number of institutional investors and hedge funds have recently modified their holdings of MSTR. Pilgrim Partners Asia Pte Ltd purchased a new position in Strategy in the 3rd quarter worth about $32,000. Quent Capital LLC purchased a new position in shares of Strategy in the third quarter worth approximately $33,000. Binnacle Investments Inc increased its position in shares of Strategy by 492.9% in the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock worth $34,000 after acquiring an additional 69 shares in the last quarter. MCF Advisors LLC acquired a new stake in shares of Strategy during the second quarter valued at approximately $35,000. Finally, Maseco LLP purchased a new stake in shares of Strategy in the 2nd quarter valued at approximately $36,000. 59.84% of the stock is owned by institutional investors and hedge funds.

About Strategy

(Get Free Report)

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.

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