Key Points
- Wei‑Ming Shao sold 2,600 MSTR shares on Nov. 17 at an average price of $200 for $520,000, leaving him with 32,726 shares and marking a 7.36% reduction in his ownership; the sale adds to several large disposals this year, including 30,000 shares on Oct. 7 at $357.37.
- Strategy (NASDAQ:MSTR) stock opened at $206.80 (up 5.8%) with a $59.4B market cap; analysts maintain a consensus "Moderate Buy" with a $485.80 price target after the company posted a sizable earnings beat (Q EPS $8.42 vs. -$0.10) and set FY2025 guidance of about $80.00 EPS.
Strategy Inc (NASDAQ:MSTR - Get Free Report) EVP Wei-Ming Shao sold 2,600 shares of Strategy stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $200.00, for a total value of $520,000.00. Following the completion of the sale, the executive vice president directly owned 32,726 shares in the company, valued at $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 SEC, which is accessible through this hyperlink.
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 Thursday, November 13th, Wei-Ming Shao sold 2,600 shares of Strategy stock. The shares were 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 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 Up 5.8%
Shares of NASDAQ:MSTR opened at $206.80 on Wednesday. The company has a market cap of $59.42 billion, a price-to-earnings ratio of 18.20 and a beta of 3.87. Strategy Inc has a 12 month low of $189.53 and a 12 month high of $543.00. The company has a 50-day moving average price of $293.47 and a 200 day moving average price of $352.88. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17.
Strategy (NASDAQ:MSTR - Get Free Report) last released its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $8.52. The firm had revenue of $128.69 million for the quarter, compared to the consensus estimate of $116.65 million. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.56) EPS. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. Benchmark reissued a "buy" rating on shares of Strategy in a research note on Friday, October 31st. Cantor Fitzgerald reduced their price objective 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. Mizuho raised their price objective on shares of Strategy from $563.00 to $586.00 and gave the stock an "outperform" rating in a research note on Monday, August 11th. BTIG Research dropped their target price on Strategy from $700.00 to $630.00 and set a "buy" rating for the company in a research report on Friday, October 31st. Finally, Cowen reiterated a "buy" rating on shares of Strategy in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, Strategy currently has a consensus rating of "Moderate Buy" and a consensus price target of $485.80.
Check Out Our Latest Stock Analysis on Strategy
Hedge Funds Weigh In On Strategy
A number of hedge funds have recently added to or reduced their stakes in MSTR. Tcfg Wealth Management LLC raised its stake in shares of Strategy by 1,445.0% during the third quarter. Tcfg Wealth Management LLC now owns 18,092 shares of the software maker's stock valued at $5,829,000 after acquiring an additional 16,921 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its stake in Strategy by 41.7% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,700 shares of the software maker's stock worth $548,000 after purchasing an additional 500 shares in the last quarter. Kestra Private Wealth Services LLC raised its position in Strategy by 21.5% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 20,810 shares of the software maker's stock valued at $6,705,000 after purchasing an additional 3,686 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Strategy by 5.1% in the third quarter. NewEdge Advisors LLC now owns 52,431 shares of the software maker's stock valued at $16,727,000 after acquiring an additional 2,564 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its position in Strategy by 43.5% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 139,034 shares of the software maker's stock valued at $45,373,000 after purchasing an additional 42,145 shares during the period. 59.84% of the stock is currently owned by institutional investors.
About Strategy
(
Get Free Report)
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.
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