Key Points
- Strategy CEO Phong Le bought 11,000 shares on June 22 at an average price of $90.80, a transaction worth about $998,800. The filing shows he now directly owns 11,000 shares.
- Le had recently sold a much larger block of shares, including 93,738 shares on June 5 and 5,522 shares on June 9, after also buying just 55 shares in May. That makes the latest purchase stand out as a notable reversal in his trading pattern.
- Strategy’s stock was down 2.7% and has been volatile, with shares trading far below their 52-week high. The company also posted a huge quarterly loss, though revenue beat estimates and analysts still largely maintain bullish ratings.
Strategy Inc (NASDAQ:MSTR - Get Free Report) CEO Phong Le bought 11,000 shares of the company's stock in a transaction on Monday, June 22nd. The stock was purchased at an average price of $90.80 per share, with a total value of $998,800.00. Following the completion of the transaction, the chief executive officer directly owned 11,000 shares of the company's stock, valued at approximately $998,800. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Phong Le also recently made the following trade(s):
- On Tuesday, June 9th, Phong Le sold 5,522 shares of Strategy stock. The stock was sold at an average price of $123.84, for a total value of $683,844.48.
- On Friday, June 5th, Phong Le sold 93,738 shares of Strategy stock. The shares were sold at an average price of $118.73, for a total value of $11,129,512.74.
- On Friday, May 22nd, Phong Le acquired 55 shares of Strategy stock. The stock was acquired at an average price of $99.41 per share, with a total value of $5,467.55.
- On Tuesday, March 24th, Phong Le sold 3,299 shares of Strategy stock. The stock was sold at an average price of $138.33, for a total transaction of $456,350.67.
Strategy Stock Down 2.7%
NASDAQ:MSTR opened at $109.46 on Tuesday. Strategy Inc has a one year low of $104.17 and a one year high of $457.22. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.05 and a quick ratio of 6.05. The company has a market cap of $38.36 billion, a PE ratio of -2.73 and a beta of 3.50. The firm's 50 day simple moving average is $152.30 and its 200 day simple moving average is $149.37.
Strategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The software maker reported ($38.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.86) by ($37.39). The business had revenue of $124.30 million during the quarter, compared to analyst estimates 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 was up 11.9% compared to the same quarter last year. During the same quarter last year, the company posted ($16.49) earnings per share. On average, research analysts anticipate that Strategy Inc will post 116.7 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on MSTR. B. Riley Financial raised their target price on Strategy from $200.00 to $215.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. TD Cowen upped their price target on Strategy from $395.00 to $400.00 and gave the company a "buy" rating in a research report on Tuesday, May 19th. Weiss Ratings restated a "hold (c)" rating on shares of Strategy in a research report on Friday, March 27th. BTIG Research reaffirmed a "buy" rating and issued a $350.00 price objective (up from $250.00) on shares of Strategy in a research note on Wednesday, May 6th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Strategy in a research note on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Strategy has an average rating of "Moderate Buy" and an average price target of $313.93.
Check Out Our Latest Research Report on Strategy
Hedge Funds Weigh In On Strategy
Several hedge funds and other institutional investors have recently bought and sold shares of MSTR. McIlrath & Eck LLC grew its holdings in Strategy by 3.8% during the 2nd quarter. McIlrath & Eck LLC now owns 1,246 shares of the software maker's stock worth $504,000 after acquiring an additional 46 shares during the period. Mill Creek Capital Advisors LLC grew its stake in Strategy by 2.8% during the third quarter. Mill Creek Capital Advisors LLC now owns 1,748 shares of the software maker's stock worth $563,000 after purchasing an additional 48 shares during the period. Angeles Wealth Management LLC increased its holdings in Strategy by 6.2% in the third quarter. Angeles Wealth Management LLC now owns 893 shares of the software maker's stock worth $288,000 after purchasing an additional 52 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in Strategy by 0.6% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 9,533 shares of the software maker's stock valued at $3,061,000 after buying an additional 53 shares during the period. Finally, Binnacle Investments Inc boosted its holdings in shares of 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 buying an additional 69 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.
More Strategy News
Here are the key news stories impacting Strategy this week:
- Positive Sentiment: Strategy disclosed that it bought another 520 Bitcoin for about $34.9 million and raised its USD reserve by $300 million to $1.4 billion, which supporters view as a balance-sheet buffer and a sign the company is still committed to expanding its Bitcoin holdings. Article Title
- Positive Sentiment: Michael Saylor’s latest “orange dots” post fueled speculation of more Bitcoin buying, helping reinforce the bullish narrative that Strategy is still actively accumulating BTC. Article Title
- Neutral Sentiment: Analysts and market watchers continue to focus on Strategy’s massive Bitcoin treasury, now around 847,000 BTC, keeping the stock closely tied to crypto price moves rather than software fundamentals. Article Title
- Negative Sentiment: Investor concern is rising that Strategy’s STRC preferred stock is trading below par, forcing the company to halt new STRC sales and even sell Bitcoin to help cover dividend obligations. That has sparked fears about funding pressure, dilution, and the durability of its capital model. Article Title
- Negative Sentiment: Related commentary highlighted that STRC’s slide has “emboldened critics” and raised questions about whether Strategy’s Bitcoin-financing flywheel is starting to break down, which is pressuring the stock. Article Title
Strategy Company Profile
(
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.
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