Strategy Incorporated (NASDAQ:MSTR) EVP Acquires $299,795.00 in Stock

Strategy Incorporated (NASDAQ:MSTR - Get Free Report) EVP Wei-Ming Shao acquired 3,527 shares of Strategy stock in a transaction dated Thursday, June 5th. The shares were bought at an average price of $85.00 per share, for a total transaction of $299,795.00. Following the transaction, the executive vice president now owns 3,527 shares of the company's stock, valued at approximately $299,795. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Friday, June 6th, Wei-Ming Shao sold 1,701 shares of Strategy stock. The shares were sold at an average price of $374.54, for a total transaction of $637,092.54.
• On Tuesday, April 15th, Wei-Ming Shao sold 10,000 shares of Strategy stock. The shares were sold at an average price of $315.00, for a total transaction of $3,150,000.00.
• On Monday, March 24th, Wei-Ming Shao sold 2,051 shares of Strategy stock. The shares were sold at an average price of $329.26, for a total transaction of $675,312.26.
• On Thursday, March 20th, Wei-Ming Shao purchased 500 shares of Strategy stock. The shares were acquired at an average cost of $85.00 per share, for a total transaction of $42,500.00.

Strategy Stock Up 4.7%

Shares of MSTR stock traded up $17.65 during mid-day trading on Monday, hitting $392.12. 10,807,132 shares of the stock traded hands, compared to its average volume of 18,066,297. The stock has a market cap of $107.21 billion, a P/E ratio of -69.61 and a beta of 3.73. The stock's fifty day moving average is $355.18 and its two-hundred day moving average is $341.67. Strategy Incorporated has a 52-week low of $102.40 and a 52-week high of $543.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65.

Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The software maker reported ($16.49) EPS for the quarter, missing the consensus estimate of ($0.02) by ($16.47). The firm had revenue of $111.07 million for the quarter, compared to analysts' expectations of $116.66 million. Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%. The business's quarterly revenue was down 3.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.83) earnings per share.

Hedge Funds Weigh In On Strategy

Several hedge funds and other institutional investors have recently modified their holdings of MSTR. Riverview Trust Co purchased a new position in shares of Strategy in the 4th quarter valued at approximately $25,000. IAG Wealth Partners LLC purchased a new position in Strategy during the 4th quarter worth approximately $25,000. Quadrant Capital Group LLC raised its position in Strategy by 855.6% during the 4th quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker's stock worth $25,000 after buying an additional 77 shares during the last quarter. Dunhill Financial LLC purchased a new position in Strategy during the 4th quarter worth approximately $26,000. Finally, Parkside Financial Bank & Trust raised its position in Strategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker's stock worth $27,000 after buying an additional 76 shares during the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on MSTR shares. HC Wainwright started coverage on shares of Strategy in a research note on Tuesday, April 29th. They set a "buy" rating and a $480.00 price target on the stock. Monness Crespi & Hardt downgraded shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price target on the stock. in a research note on Tuesday, April 1st. Barclays reaffirmed a "hold" rating on shares of Strategy in a research note on Monday, May 19th. Cantor Fitzgerald reaffirmed a "hold" rating on shares of Strategy in a research note on Monday, May 19th. Finally, BTIG Research reaffirmed a "buy" rating on shares of Strategy in a research note on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $514.42.

Strategy Company Profile

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.

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