Insider Selling: Strategy (NASDAQ:MSTR) Director Sells 4,750 Shares of Stock

Key Points

• Strategy director Jarrod Patten sold 4,750 shares at an average price of $141, for proceeds of $669,750. After the sale, he held 28,406 shares, a 14.33% reduction in his position.
• Strategy shares were trading at $128.93, down $0.37 on the day. The stock’s 12-month range was $81.81 to $249.96.
• Analysts surveyed by MarketBeat held a consensus “Moderate Buy” rating, with an average price target of $244.79; the company’s latest quarter beat EPS estimates but missed revenue expectations.

Strategy Inc (NASDAQ:MSTR - Get Free Report) Director Jarrod Patten sold 4,750 shares of Strategy stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $141.00, for a total transaction of $669,750.00. Following the sale, the director owned 28,406 shares of the company's stock, valued at approximately $4,005,246. The trade was a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Strategy Price Performance

Shares of MSTR traded down $0.37 on Friday, reaching $128.93. The stock had a trading volume of 13,777,366 shares, compared to its average volume of 21,408,330. The firm has a market capitalization of $49.54 billion, a PE ratio of -2.12 and a beta of 3.60. The company has a quick ratio of 5.39, a current ratio of 4.04 and a debt-to-equity ratio of 0.10. The firm has a 50-day moving average of $144.60 and a 200 day moving average of $133.72. Strategy Inc has a twelve month low of $81.81 and a twelve month high of $249.96.

Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The software maker reported $44.75 earnings per share for the quarter, beating the consensus estimate of $20.19 by $24.56. The firm had revenue of $125.43 million during the quarter, compared to the consensus estimate of $127.76 million. Strategy had a negative return on equity of 32.71% and a negative net margin of 2,760.33%. Strategy's quarterly revenue was down 2.5% on a year-over-year basis. During the same period last year, the business posted $8.42 EPS. Sell-side analysts expect that Strategy Inc will post -13.01 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MSTR. Barclays reaffirmed an "overweight" rating and set a $175.00 price target (up from $160.00) on shares of Strategy in a research note on Friday, October 9th. Alliance Global Partners assumed coverage on shares of Strategy in a research note on Tuesday, September 1st. They issued a "buy" rating and a $217.00 price objective on the stock. Zacks Research upgraded shares of Strategy from a "strong sell" rating to a "hold" rating in a report on Monday, September 21st. Citigroup restated a "buy" rating and set a $240.00 target price (up from $136.00) on shares of Strategy in a research report on Friday, October 2nd. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $350.00 price target (down from $450.00) on shares of Strategy in a report on Wednesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $244.79.

Institutional Trading of Strategy

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ancora Advisors LLC boosted its position in Strategy by 111.7% during the 2nd quarter. Ancora Advisors LLC now owns 290 shares of the software maker's stock worth $25,000 after purchasing an additional 153 shares during the period. Continuum Advisory LLC acquired a new stake in Strategy in the 2nd quarter valued at $26,000. Ameritas Advisory Services LLC purchased a new position in Strategy in the second quarter valued at about $28,000. Root Financial Partners LLC purchased a new position in Strategy in the third quarter valued at about $38,000. Finally, V Square Quantitative Management LLC purchased a new position in Strategy in the first quarter valued at about $47,000. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Saylor said he believes Bitcoin’s bull market could last another two to three years, citing possible demand drivers including digital credit, bank lending, tokenization and the 2028 halving. Strategy’s large Bitcoin holdings give investors substantial upside exposure if prices recover. Michael Saylor Says Bitcoin Bull Market Could Last 2-3 Years
• Neutral Sentiment: Strategy’s preferred stock, STRC, reportedly returned to its $100 par value, a sign of firmer demand for that financing vehicle. It may support the company’s Bitcoin-buying strategy, though it does not remove the risks tied to MSTR’s common shares. Strategy's STRC hits par for first time since May
• Negative Sentiment: Recent reports link MSTR’s steep losses to Bitcoin falling below $76,000 and weakness across technology stocks. Because the market value of Strategy’s Bitcoin holdings drives much of its equity valuation, the stock can move more sharply than Bitcoin during sell-offs. Strategy Sinks 9% as Bitcoin Tumbles Below $76,000 and Tech Sells Off
• Negative Sentiment: Coverage also raises uncertainty around a possible CFO departure and whether MSTR’s valuation fully reflects its prospects. Those concerns may add to investor caution amid Bitcoin’s decline. Strategy CFO Exit Looms, Does The Stock Look Fully Valued?

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.

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