Rep. Jefferson Shreve Sells Off Shares of MicroStrategy Incorporated (NASDAQ:MSTR)

Representative Jefferson Shreve (R-Indiana) recently sold shares of MicroStrategy Incorporated NASDAQ: MSTR. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in MicroStrategy stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

MicroStrategy Price Performance

Shares of NASDAQ:MSTR traded down $9.03 during trading on Friday, reaching $405.89. 8,311,257 shares of the company traded hands, compared to its average volume of 15,901,045. The company's 50 day moving average is $395.70 and its two-hundred day moving average is $350.50. The firm has a market capitalization of $110.97 billion, a PE ratio of -18.61 and a beta of 3.70. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.25. MicroStrategy Incorporated has a 52 week low of $102.40 and a 52 week high of $543.00.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last released its earnings results on Thursday, May 1st. The software maker reported ($16.49) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($16.47). The company had revenue of $111.07 million for the quarter, compared to the consensus estimate of $116.66 million. MicroStrategy had a negative net margin of 1,160.72% and a negative return on equity of 37.64%. The business's revenue was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.83) earnings per share.

Wall Street Analyst Weigh In

Several analysts recently weighed in on MSTR shares. UBS Group restated a "buy" rating on shares of MicroStrategy in a research report on Friday, May 16th. BTIG Research reiterated a "buy" rating on shares of MicroStrategy in a research report on Wednesday, May 14th. HC Wainwright initiated coverage on MicroStrategy in a research report on Tuesday, April 29th. They issued a "buy" rating and a $480.00 target price for the company. TD Cowen increased their target price on MicroStrategy from $590.00 to $680.00 and gave the company a "buy" rating in a research report on Tuesday, July 15th. Finally, Cowen reiterated a "buy" rating on shares of MicroStrategy in a research report on Monday, July 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $525.67.

Institutional Investors Weigh In On MicroStrategy

Several large investors have recently added to or reduced their stakes in MSTR. SJS Investment Consulting Inc. increased its position in MicroStrategy by 25.8% in the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker's stock worth $47,000 after buying an additional 24 shares during the last quarter. Maryland State Retirement & Pension System increased its position in MicroStrategy by 0.3% in the fourth quarter. Maryland State Retirement & Pension System now owns 8,991 shares of the software maker's stock worth $2,604,000 after buying an additional 30 shares during the last quarter. Family Management Corp increased its position in MicroStrategy by 2.2% in the fourth quarter. Family Management Corp now owns 1,370 shares of the software maker's stock worth $397,000 after buying an additional 30 shares during the last quarter. Smith Anglin Financial LLC grew its position in shares of MicroStrategy by 1.2% in the second quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker's stock valued at $1,025,000 after purchasing an additional 30 shares in the last quarter. Finally, Magnus Financial Group LLC grew its position in shares of MicroStrategy by 0.9% in the second quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker's stock valued at $1,479,000 after purchasing an additional 32 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

Insider Buying and Selling

In other news, CAO Jeanine Montgomery sold 43,750 shares of MicroStrategy stock in a transaction on Friday, July 11th. The stock was sold at an average price of $430.54, for a total value of $18,836,125.00. Following the completion of the transaction, the chief accounting officer directly owned 8,606 shares in the company, valued at approximately $3,705,227.24. The trade was a 83.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Wei-Ming Shao sold 32,500 shares of MicroStrategy stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $401.47, for a total value of $13,047,775.00. Following the completion of the transaction, the executive vice president owned 12,726 shares of the company's stock, valued at approximately $5,109,107.22. This trade represents a 71.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders bought 25,277 shares of company stock valued at $2,312,345 and sold 172,971 shares valued at $70,540,378. 8.46% of the stock is owned by company insiders.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About MicroStrategy

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.