Wei-Ming Shao Sells 2,600 Shares of Strategy (NASDAQ:MSTR) Stock

Strategy Inc (NASDAQ:MSTR) EVP Wei-Ming Shao sold 2,600 shares of Strategy stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $202.02, for a total transaction of $525,252.00. Following the sale, the executive vice president directly owned 32,726 shares of the company’s stock, valued at $6,611,306.52. The trade was a 7.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, November 17th, Wei-Ming Shao sold 2,600 shares of Strategy stock. The shares were sold at an average price of $200.00, for a total value of $520,000.00.
• 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 transaction 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 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 shares were purchased at an average cost of $96.92 per share, for a total transaction of $1,211,500.00.

Strategy Stock Down 5.0%

Shares of NASDAQ MSTR traded down $9.37 during mid-day trading on Thursday, reaching $177.13. 27,505,028 shares of the company’s stock traded hands, compared to its average volume of 14,587,042. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. The business has a 50-day simple moving average of $290.67 and a 200 day simple moving average of $351.72. Strategy Inc has a 1-year low of $171.48 and a 1-year high of $543.00. The stock has a market cap of $50.90 billion, a P/E ratio of 15.59 and a beta of 3.87.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on MSTR shares. TD Cowen dropped their price objective on Strategy from $620.00 to $535.00 and set a “buy” rating for the company in a research note on Friday, October 31st. China Renaissance initiated coverage on Strategy in a research note on Wednesday, October 15th. They issued a “buy” rating and a $473.00 price target for the company. Wells Fargo & Company restated an “equal weight” rating and issued a $54.00 target price (down previously from $65.00) on shares of Strategy in a report on Tuesday, September 30th. Citigroup assumed coverage on shares of Strategy in a research report on Tuesday, October 21st. They set a “buy” rating and a $485.00 target price for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Strategy has a consensus rating of “Moderate Buy” and a consensus target price of $485.80.

Institutional Investors Weigh In On Strategy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Binnacle Investments Inc grew 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 valued at $34,000 after acquiring an additional 69 shares in the last quarter. MCF Advisors LLC purchased a new stake in Strategy during the 2nd quarter worth approximately $35,000. Maseco LLP acquired a new stake in shares of Strategy during the second quarter worth approximately $36,000. AllSquare Wealth Management LLC grew its position in shares of 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 buying an additional 50 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Strategy in the third quarter worth $32,000. Hedge funds and other institutional investors 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.