Key Points
- Strategy CFO Andrew Kang sold 5,597 shares on May 19 at an average price of $165.78, for proceeds of about $927,871. The company said the sale was to cover tax withholding obligations tied to vested equity awards.
- After the transaction, Kang still held 33,675 shares valued at roughly $5.58 million, but his position fell by 14.25%. He had also sold shares in March, showing a pattern of recent insider selling.
- Strategy’s stock was trading around $165.81, and the company recently reported a much wider-than-expected quarterly loss, even as revenue came in above estimates and rose 11.9% year over year. Analyst sentiment remains mixed, with several buy ratings offset by recent downgrades.
Strategy Inc (NASDAQ:MSTR - Get Free Report) CFO Andrew Kang sold 5,597 shares of the firm's stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $165.78, for a total transaction of $927,870.66. Following the transaction, the chief financial officer owned 33,675 shares of the company's stock, valued at approximately $5,582,641.50. This represents a 14.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Andrew Kang also recently made the following trade(s):
- On Tuesday, March 24th, Andrew Kang sold 2,373 shares of Strategy stock. The stock was sold at an average price of $138.33, for a total transaction of $328,257.09.
- On Thursday, March 12th, Andrew Kang sold 916 shares of Strategy stock. The stock was sold at an average price of $137.25, for a total transaction of $125,721.00.
Strategy Stock Performance
NASDAQ MSTR opened at $165.81 on Thursday. The firm has a market cap of $58.11 billion, a price-to-earnings ratio of -4.13 and a beta of 3.59. The company has a 50 day moving average of $151.81 and a 200-day moving average of $161.40. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.22. Strategy Inc has a 1-year low of $104.17 and a 1-year high of $457.22.
Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported ($38.25) earnings per share for the quarter, missing the consensus estimate of ($0.86) by ($37.39). The firm had revenue of $124.30 million for the quarter, compared to analyst estimates of $120.75 million. Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The business's quarterly revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the business posted ($16.49) EPS. On average, equities analysts forecast that Strategy Inc will post 116.7 earnings per share for the current fiscal year.
Key Stories Impacting Strategy
Here are the key news stories impacting Strategy this week:
- Positive Sentiment: TD Cowen raised its price target on Strategy Inc. (MSTR) to $400 and kept a Buy rating, pointing to continued Bitcoin accumulation and significant implied upside. Article Title
- Positive Sentiment: The company’s latest Bitcoin purchase, reportedly funded through securities sales, signals management is still aggressively expanding its BTC treasury position, which bulls see as the core value driver for the stock. Article Title
- Neutral Sentiment: Strategy’s earnings call highlighted that the company is still focused on its Bitcoin-first model and may adjust dividend policy, but the details were more about strategy than near-term operating results. Article Title
- Negative Sentiment: Investor concern has increased after reports that Strategy may pause Bitcoin buying and could even sell Bitcoin to support a planned $1.5 billion convertible note repurchase, raising questions about balance-sheet flexibility. Article Title
- Negative Sentiment: Zacks Research downgraded Strategy Inc. (MSTR) from Hold to Strong Sell, which may be weighing on sentiment alongside weakness in Bitcoin itself. Article Title
Analyst Upgrades and Downgrades
MSTR has been the topic of a number of recent research reports. Wall Street Zen cut shares of Strategy from a "hold" rating to a "sell" rating in a research note on Sunday, February 8th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Strategy in a research note on Monday, May 11th. TD Cowen raised their price objective on shares of Strategy from $395.00 to $400.00 and gave the company a "buy" rating in a research note on Tuesday. Mizuho set a $320.00 price objective on shares of Strategy and gave the company an "outperform" rating in a research note on Tuesday, February 17th. Finally, Zacks Research cut shares of Strategy from a "hold" rating to a "strong sell" rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $322.21.
View Our Latest Report on Strategy
Institutional Investors Weigh In On Strategy
Several institutional investors and hedge funds have recently added to or reduced their stakes in MSTR. Fideuram Asset Management Ireland dac bought a new stake in Strategy during the 4th quarter worth about $25,000. Westfuller Advisors LLC acquired a new position in Strategy in the 1st quarter valued at about $25,000. Dogwood Wealth Management LLC grew its holdings in Strategy by 280.0% in the 4th quarter. Dogwood Wealth Management LLC now owns 190 shares of the software maker's stock valued at $29,000 after buying an additional 140 shares in the last quarter. Wilkerson Advisory Group LLC bought a new stake in shares of Strategy in the fourth quarter valued at about $30,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Strategy in the third quarter valued at about $32,000. 59.84% of the stock is owned by institutional investors.
About Strategy
(
Get Free Report)
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.
Further Reading
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