Jarrod Patten Sells 2,750 Shares of Strategy (NASDAQ:MSTR) Stock

Strategy Inc (NASDAQ:MSTR) Director Jarrod Patten sold 2,750 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $191.59, for a total value of $526,872.50. Following the completion of the transaction, the director directly owned 28,000 shares in the company, valued at $5,364,520. The trade was a 8.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Strategy Stock Down 3.5%

Shares of Strategy stock opened at $178.03 on Thursday. Strategy Inc has a 12-month low of $104.17 and a 12-month high of $457.22. The company has a quick ratio of 5.62, a current ratio of 6.05 and a debt-to-equity ratio of 0.22. The stock has a 50 day moving average price of $148.41 and a two-hundred day moving average price of $165.19. The stock has a market capitalization of $59.42 billion, a P/E ratio of -4.43 and a beta of 3.59.

Strategy (NASDAQ:MSTR) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported ($38.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.86) by ($37.39). The firm had revenue of $124.30 million during the quarter, compared to the consensus estimate of $120.75 million. Strategy had a negative net margin of 2,482.01% and a negative return on equity of 26.97%. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($16.49) EPS. Equities analysts expect that Strategy Inc will post 136.35 earnings per share for the current year.

Institutional Investors Weigh In On Strategy

Several hedge funds have recently made changes to their positions in MSTR. Federated Hermes Inc. acquired a new position in Strategy in the 2nd quarter valued at approximately $396,000. Cary Street Partners Financial LLC bought a new stake in shares of Strategy during the second quarter valued at approximately $202,000. Sei Investments Co. raised its stake in shares of Strategy by 136.0% in the second quarter. Sei Investments Co. now owns 39,905 shares of the software maker’s stock valued at $16,125,000 after purchasing an additional 22,999 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Strategy by 59.4% in the second quarter. The Manufacturers Life Insurance Company now owns 19,215 shares of the software maker’s stock valued at $7,767,000 after purchasing an additional 7,158 shares in the last quarter. Finally, Peapack Gladstone Financial Corp lifted its position in Strategy by 22.0% in the second quarter. Peapack Gladstone Financial Corp now owns 3,055 shares of the software maker’s stock worth $1,235,000 after purchasing an additional 550 shares during the period. Institutional investors own 59.84% of the company’s stock.

Key Stories Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy resumed Bitcoin accumulation, buying 535 BTC for roughly $43 million, reinforcing its long-term crypto treasury strategy. Strategy Just Made Its Smallest Bitcoin Purchase of 2026: Here’s What That Signals
• Positive Sentiment: Michael Saylor said Strategy remains a net buyer of Bitcoin over time, which helped ease fears that the company is stepping back from its accumulation model. Saylor Calls Bitcoin Sale Fears A ‘Big Nothing Burger’—So Why Is Everyone Panicking?
• Positive Sentiment: The company’s software business was described as having a strong quarter, reminding investors that MSTR has operating assets in addition to Bitcoin holdings. Strategy Says Its Software Business Is Quietly Powering Its Bitcoin Machine
• Neutral Sentiment: Wall Street analysts remain constructive, with TD Cowen and Cantor Fitzgerald maintaining bullish ratings, though this mostly supports valuation rather than creating a new catalyst. TD Cowen Maintains Buy Rating on Strategy (MSTR) Following Strong BTC Yield
• Negative Sentiment: Investor anxiety is rising over Strategy’s comments that it could sell Bitcoin to help fund STRC dividends, raising questions about treasury risk and balance-sheet flexibility. Strategy’s Bitcoin Sale Comment Puts Treasury Risk in Focus
• Negative Sentiment: Recent insider selling by a director may be adding a small amount of pressure, even though the sale was relatively modest. SEC insider filing

Analysts Set New Price Targets

A number of research firms have recently commented on MSTR. TD Cowen reiterated a “buy” rating and issued a $395.00 price objective (up from $385.00) on shares of Strategy in a research note on Thursday, May 7th. HC Wainwright restated a “buy” rating on shares of Strategy in a research note on Friday, February 6th. Canaccord Genuity Group set a $224.00 target price on Strategy and gave the company a “buy” rating in a report on Thursday, May 7th. Texas Capital raised Strategy to a “strong-buy” rating in a research report on Thursday, March 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $321.86.

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.