Insider Selling: Strategy (NASDAQ:MSTR) EVP Sells 2,600 Shares of Stock

Strategy Inc (NASDAQ:MSTR) EVP Wei-Ming Shao sold 2,600 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $200.00, for a total value of $520,000.00. Following the transaction, the executive vice president owned 32,726 shares in the company, valued at approximately $6,545,200. This trade represents a 7.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, November 12th, Wei-Ming Shao sold 5,334 shares of Strategy stock. The stock was sold at an average price of $226.36, for a total transaction of $1,207,404.24.
• 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 stock was 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 shares were 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 stock was acquired at an average cost of $96.92 per share, for a total transaction of $1,211,500.00.

Strategy Stock Performance

NASDAQ MSTR traded up $11.38 during mid-day trading on Tuesday, reaching $206.80. 21,900,826 shares of the stock were exchanged, compared to its average volume of 14,467,247. Strategy Inc has a 1 year low of $189.53 and a 1 year high of $543.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market capitalization of $59.42 billion, a P/E ratio of 18.20 and a beta of 3.87. The business’s 50 day moving average is $295.91 and its 200-day moving average is $354.20.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on MSTR shares. BTIG Research lowered their target price on shares of Strategy from $700.00 to $630.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. HC Wainwright dropped their target price on Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a report on Monday, November 3rd. Canaccord Genuity Group raised their price objective on shares of Strategy from $464.00 to $474.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Cantor Fitzgerald reduced their price target on shares of Strategy from $697.00 to $560.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $485.80.

Institutional Investors Weigh In On Strategy

Large investors have recently bought and sold shares of the stock. Binnacle Investments Inc increased its stake in shares of Strategy by 492.9% during the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock worth $34,000 after buying an additional 69 shares during the period. MCF Advisors LLC acquired a new position in Strategy in the second quarter valued at approximately $35,000. Maseco LLP acquired a new position in Strategy in the second quarter valued at approximately $36,000. AllSquare Wealth Management LLC raised its holdings in Strategy by 100.0% during the second quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker’s stock worth $40,000 after purchasing an additional 50 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in Strategy during the third quarter worth approximately $32,000. Hedge funds and other institutional investors 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.