Phong Le Sells 5,522 Shares of Strategy (NASDAQ:MSTR) Stock

Strategy Inc (NASDAQ:MSTR) CEO Phong Le sold 5,522 shares of Strategy stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $123.84, for a total transaction of $683,844.48. Following the completion of the transaction, the chief executive officer directly owned 126,323 shares in the company, valued at approximately $15,643,840.32. The trade was a 4.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Phong Le also recently made the following trade(s):

• On Friday, June 5th, Phong Le sold 93,738 shares of Strategy stock. The shares were sold at an average price of $118.73, for a total transaction of $11,129,512.74.
• On Friday, May 22nd, Phong Le purchased 55 shares of Strategy stock. The shares were acquired at an average cost of $99.41 per share, for a total transaction of $5,467.55.
• On Tuesday, March 24th, Phong Le sold 3,299 shares of Strategy stock. The shares were sold at an average price of $138.33, for a total value of $456,350.67.
• On Thursday, March 19th, Phong Le acquired 2,509 shares of Strategy stock. The stock was acquired at an average cost of $99.62 per share, with a total value of $249,946.58.
• On Thursday, March 12th, Phong Le sold 2,034 shares of Strategy stock. The stock was sold at an average price of $137.25, for a total value of $279,166.50.

Strategy Stock Down 8.0%

NASDAQ:MSTR traded down $10.18 during mid-day trading on Tuesday, hitting $117.02. 22,918,018 shares of the company’s stock traded hands, compared to its average volume of 20,758,729. The company has a fifty day moving average of $153.54 and a 200 day moving average of $153.50. The company has a debt-to-equity ratio of 0.22, a quick ratio of 6.05 and a current ratio of 6.05. Strategy Inc has a twelve month low of $104.17 and a twelve month high of $457.22. The company has a market capitalization of $41.01 billion, a P/E ratio of -2.91 and a beta of 3.50.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings results on Tuesday, May 5th. The software maker reported ($38.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.86) by ($37.39). Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The business had revenue of $124.30 million for the quarter, compared to analysts’ expectations of $120.75 million. During the same quarter in the previous year, the firm posted ($16.49) EPS. Strategy’s revenue was up 11.9% on a year-over-year basis. On average, analysts forecast that Strategy Inc will post 116.7 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MSTR. Benchmark restated a “buy” rating on shares of Strategy in a research note on Tuesday, June 2nd. Monness Crespi & Hardt reiterated a “neutral” rating on shares of Strategy in a research note on Tuesday, June 2nd. B. Riley Financial lifted their price objective on shares of Strategy from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a research note on Friday, March 27th. Finally, Mizuho lowered their price objective on shares of Strategy from $320.00 to $265.00 and set an “outperform” rating for the company in a research note on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Strategy presently has an average rating of “Moderate Buy” and a consensus price target of $313.93.

Key Stories Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy said it bought 1,550 Bitcoin for about $101.3 million, taking total holdings to 845,256 BTC. The purchase signaled the company is still leaning into its Bitcoin treasury strategy and helped reassure traders after last week’s small BTC sale sparked panic. Strategy resumes bitcoin buying spree, quelling market panic
• Positive Sentiment: Strategy shareholders also approved changes to preferred dividends, including moving STRC payouts to a semi-monthly schedule, which may improve investor appeal for the company’s yield products and support its capital-raising structure. Strategy Shareholders Approve Changes to Preferred Dividends
• Neutral Sentiment: Short-interest data showed no meaningful change in reported shares, suggesting no clear new signal from positioning data.
• Neutral Sentiment: Several analysts and commentators remained highly mixed, with some calling MSTR a buying opportunity and others warning it is still an aggressive, highly leveraged way to play Bitcoin.
• Negative Sentiment: Bearish coverage continued to focus on Strategy’s dependence on Bitcoin prices, including warnings from JPMorgan, Peter Schiff, and others that the company may need to rebuild dollar reserves and could face pressure if BTC weakens further. JPMorgan: Strategy’s $1.7 Billion Dividend Bill Could Force More Bitcoin Sales
• Negative Sentiment: Broader crypto sentiment stayed shaky, with articles pointing to Bitcoin’s sharp pullback, ETF outflows, and fears that Strategy’s earlier BTC sale may have rattled confidence in the company’s “never sell” narrative.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. McIlrath & Eck LLC raised its holdings in shares of Strategy by 3.8% during the second quarter. McIlrath & Eck LLC now owns 1,246 shares of the software maker’s stock worth $504,000 after purchasing an additional 46 shares during the last quarter. Mill Creek Capital Advisors LLC raised its holdings in shares of Strategy by 2.8% during the third quarter. Mill Creek Capital Advisors LLC now owns 1,748 shares of the software maker’s stock worth $563,000 after purchasing an additional 48 shares during the last quarter. Angeles Wealth Management LLC grew its position in Strategy by 6.2% during the third quarter. Angeles Wealth Management LLC now owns 893 shares of the software maker’s stock valued at $288,000 after buying an additional 52 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. grew its position in Strategy by 0.6% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 9,533 shares of the software maker’s stock valued at $3,061,000 after buying an additional 53 shares during the period. Finally, Binnacle Investments Inc grew its position in Strategy by 492.9% during the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after buying an additional 69 shares during the period. Hedge funds and other institutional investors own 59.84% of the company’s stock.

About Strategy

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.