Insider Selling: Strategy (NASDAQ:MSTR) CEO Sells 93,738 Shares of Stock

Key Points

• Strategy CEO Phong Le sold 93,738 shares on Friday, June 5 at an average price of $118.73, generating about $11.13 million. The company said the sale was to cover tax withholding tied to vesting equity awards.
• After the transaction, Le still owned 119,925 shares, but his stake fell by 43.87%. He had also made several smaller buys and sells in recent months.
• MSTR shares fell 6.9% to $120.44 amid heavy trading, and the stock remains far below its 50-day and 200-day moving averages. The company recently reported a large EPS miss even as revenue came in above estimates.

Strategy Inc (NASDAQ:MSTR - Get Free Report) CEO Phong Le sold 93,738 shares of the firm's stock in a transaction on Friday, June 5th. The stock was sold at an average price of $118.73, for a total value of $11,129,512.74. Following the completion of the transaction, the chief executive officer owned 119,925 shares in the company, valued at $14,238,695.25. This represents a 43.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Phong Le also recently made the following trade(s):

• On Friday, May 22nd, Phong Le purchased 55 shares of Strategy stock. The stock was bought at an average price of $99.41 per share, for a total transaction 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 value of $456,350.67.
• On Thursday, March 19th, Phong Le purchased 2,509 shares of Strategy stock. The stock was bought at an average price of $99.62 per share, for a total transaction of $249,946.58.
• On Thursday, March 12th, Phong Le sold 2,034 shares of Strategy stock. The stock was sold at an average price of $137.25, for a total value of $279,166.50.

Strategy Trading Down 6.9%

Shares of NASDAQ:MSTR traded down $8.93 during midday trading on Friday, hitting $120.44. The company had a trading volume of 41,735,189 shares, compared to its average volume of 15,553,520. Strategy Inc has a 12 month low of $104.17 and a 12 month high of $457.22. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.22. The stock has a market cap of $42.21 billion, a price-to-earnings ratio of -3.00 and a beta of 3.49. The firm has a fifty day simple moving average of $153.65 and a 200 day simple moving average of $154.35.

Strategy (NASDAQ:MSTR - Get Free Report) last posted 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). Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The company had revenue of $124.30 million during the quarter, compared to the consensus estimate of $120.75 million. During the same quarter in the prior year, the business earned ($16.49) earnings per share. The firm's revenue for the quarter was up 11.9% on a year-over-year basis. On average, analysts predict that Strategy Inc will post 116.7 EPS for the current year.

Institutional Trading of Strategy

Hedge funds and other institutional investors have recently modified their holdings of the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Strategy in the 4th quarter valued at about $25,000. Westfuller Advisors LLC acquired a new stake in shares of Strategy in the 1st quarter valued at about $25,000. Dogwood Wealth Management LLC raised its stake in shares of 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 purchasing an additional 140 shares during the period. Wilkerson Advisory Group LLC acquired a new stake in shares of Strategy in the 4th quarter valued at about $30,000. Finally, Binnacle Investments Inc raised its stake in shares of Strategy by 492.9% in the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker's stock valued at $34,000 after purchasing an additional 69 shares during the period. Institutional investors and hedge funds own 59.84% of the company's stock.

Analyst Ratings Changes

MSTR has been the topic of several research analyst reports. Benchmark reaffirmed a "buy" rating on shares of Strategy in a research note on Tuesday. BTIG Research reaffirmed a "buy" rating and set a $350.00 price objective (up from $250.00) on shares of Strategy in a research note on Wednesday, May 6th. HC Wainwright reaffirmed a "buy" rating on shares of Strategy in a research note on Friday, February 6th. Canaccord Genuity Group set a $163.00 price objective on Strategy and gave the stock a "buy" rating in a research note on Wednesday. Finally, Zacks Research downgraded Strategy from a "hold" rating to a "strong sell" rating in a research note on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $313.93.

Key Headlines Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Some commentary noted that Strategy still has a large liquidity cushion, with reports citing about $2.25 billion in reserves and lower leverage, which could help support long-term balance-sheet stability. MSTR's Liquidity Position Improves: Is Long-Term Stability Growing?
• Positive Sentiment: Michael Saylor argued Bitcoin is undergoing a “disciplined expansion” and that institutional adoption through banks, credit, and capital markets could still support long-term demand for the asset. Saylor says Bitcoin needs ‘disciplined expansion’ as analysts weigh demand reset
• Neutral Sentiment: Strategy’s founder Michael Saylor also tried to frame the Bitcoin weakness as capital rotating into AI and other assets, suggesting the selloff may be more about market allocation than a fundamental break in Strategy’s business model. Strategy's Michael Saylor Blames 'Capital Rotation' Into AI as Bitcoin Dives 13%
• Neutral Sentiment: Several reports said the company’s small Bitcoin sale was mainly used to fund preferred stock dividends, but it still sparked concern that Strategy may need to keep adjusting its funding approach if crypto weakness persists. Crypto Biz: Nobody told Saylor ‘never sell’
• Negative Sentiment: Bitcoin’s drop below key support levels is pressuring all BTC-linked stocks, and Strategy was cited as one of the biggest losers as investors reassess the risks of its leveraged Bitcoin exposure. Crypto mutiny on Strategy: Shorts target 'MSTR' in bitcoin bloodbath
• Negative Sentiment: Analysts and market commentators warned that Strategy’s first Bitcoin sale in years may signal tighter liquidity, reduced buying capacity, and possible further downside if Bitcoin keeps falling. Why Strategy (Formerly MicroStrategy) Stock Collapsed This Week

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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