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 on Thursday, November 13th. The stock was sold at an average price of $223.67, for a total value of $581,542.00. Following the completion of the sale, the executive vice president directly owned 32,726 shares of the company’s stock, valued at approximately $7,319,824.42. The trade was a 7.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

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 shares were sold at an average price of $226.36, for a total value of $1,207,404.24.
• 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 value of $3,557,900.00.
• On Monday, September 15th, Wei-Ming Shao bought 12,500 shares of Strategy stock. The stock was acquired at an average cost of $96.92 per share, with a total value of $1,211,500.00.

Strategy Stock Performance

Shares of NASDAQ MSTR opened at $199.75 on Friday. The firm’s 50-day moving average price is $298.59 and its 200-day moving average price is $355.68. Strategy Inc has a 52-week low of $194.56 and a 52-week high of $543.00. The company has a market cap of $57.40 billion, a PE ratio of 17.58 and a beta of 3.87. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $8.52. Strategy had a net margin of 1,036.61% and a return on equity of 18.83%. The company had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.65 million. During the same quarter in the prior year, the firm earned ($1.56) earnings per share. The firm’s revenue for the quarter 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 Analyst Weigh In

Several equities analysts have recently weighed in on the company. TD Cowen lowered their price target on Strategy from $620.00 to $535.00 and set a “buy” rating on the stock in a report on Friday, October 31st. HC Wainwright lowered their target price on Strategy from $521.00 to $475.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Cowen restated a “buy” rating on shares of Strategy in a research note on Friday, October 31st. Monness Crespi & Hardt raised shares of Strategy from a “sell” rating to a “neutral” rating in a research report on Monday, November 10th. Finally, China Renaissance initiated coverage on shares of Strategy in a report on Wednesday, October 15th. They issued a “buy” rating and a $473.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $485.80.

Institutional Trading of Strategy

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