Wei-Ming Shao Sells 30,000 Shares of Strategy (NASDAQ:MSTR) Stock

Strategy Inc (NASDAQ:MSTR) EVP Wei-Ming Shao sold 30,000 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $357.37, for a total value of $10,721,100.00. Following the completion of the transaction, the executive vice president owned 12,726 shares in the company, valued at approximately $4,547,890.62. This trade represents a 70.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Wei-Ming Shao also recently made the following trade(s):

• On Thursday, September 18th, Wei-Ming Shao sold 10,000 shares of Strategy stock. The shares were sold at an average price of $355.79, for a total value of $3,557,900.00.
• On Monday, September 15th, Wei-Ming Shao acquired 12,500 shares of Strategy stock. The stock was acquired at an average price of $96.92 per share, for a total transaction of $1,211,500.00.
• On Tuesday, July 29th, Wei-Ming Shao acquired 2,500 shares of Strategy stock. The stock was acquired at an average price of $90.00 per share, for a total transaction of $225,000.00.
• On Monday, July 14th, Wei-Ming Shao sold 10,900 shares of Strategy stock. The shares were sold at an average price of $448.89, for a total value of $4,892,901.00.
• On Friday, July 11th, Wei-Ming Shao sold 10,000 shares of Strategy stock. The stock was sold at an average price of $431.98, for a total value of $4,319,800.00.

Strategy Price Performance

NASDAQ:MSTR opened at $304.79 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $86.42 billion, a P/E ratio of 26.83 and a beta of 3.83. Strategy Inc has a 12 month low of $185.81 and a 12 month high of $543.00. The business’s 50-day moving average is $345.00 and its 200 day moving average is $362.58.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, July 31st. The software maker reported $32.60 earnings per share for the quarter, topping the consensus estimate of ($0.12) by $32.72. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company had revenue of $114.49 million for the quarter, compared to analysts’ expectations of $112.68 million. During the same period in the previous year, the firm posted ($5.74) earnings per share. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Cowen reissued a “buy” rating on shares of Strategy in a research note on Wednesday, August 13th. TD Cowen dropped their target price on Strategy from $640.00 to $620.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Weiss Ratings restated a “hold (c)” rating on shares of Strategy in a research report on Wednesday. Canaccord Genuity Group restated a “buy” rating and set a $464.00 target price on shares of Strategy in a research report on Tuesday, August 26th. Finally, BTIG Research boosted their target price on Strategy from $620.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Strategy currently has an average rating of “Moderate Buy” and an average target price of $509.54.

Institutional Trading of Strategy

Hedge funds have recently bought and sold shares of the stock. Binnacle Investments Inc lifted its holdings in Strategy by 492.9% during the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock worth $34,000 after buying an additional 69 shares during the period. MCF Advisors LLC purchased a new stake in Strategy during the second quarter worth $35,000. Maseco LLP purchased a new stake in Strategy during the second quarter worth $36,000. First United Bank & Trust purchased a new stake in Strategy during the first quarter worth $29,000. Finally, AllSquare Wealth Management LLC increased its position in shares of Strategy by 100.0% during the second quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker’s stock worth $40,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

About Strategy

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.