Strategy Incorporated (NASDAQ:MSTR - Get Free Report) EVP Wei-Ming Shao sold 10,000 shares of the company's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $315.00, for a total value of $3,150,000.00. Following the completion of the sale, the executive vice president now owns 10,597 shares of the company's stock, valued at approximately $3,338,055. The trade was a 48.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Wei-Ming Shao also recently made the following trade(s):
- 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 purchased at an average cost of $85.00 per share, for a total transaction of $42,500.00.
Strategy Stock Up 0.3 %
Shares of Strategy stock opened at $311.66 on Thursday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. Strategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00. The company has a market capitalization of $80.21 billion, a P/E ratio of -55.33 and a beta of 3.46. The company has a 50 day moving average of $294.68 and a 200 day moving average of $307.64.
Strategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($3.07). Strategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC boosted its holdings in Strategy by 10.2% in the fourth quarter. Geode Capital Management LLC now owns 3,047,625 shares of the software maker's stock valued at $881,470,000 after purchasing an additional 281,342 shares in the last quarter. Norges Bank acquired a new position in shares of Strategy in the 4th quarter valued at $523,981,000. Northern Trust Corp boosted its holdings in shares of Strategy by 24.4% in the 4th quarter. Northern Trust Corp now owns 1,076,185 shares of the software maker's stock valued at $311,685,000 after buying an additional 210,997 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Strategy by 25.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 802,464 shares of the software maker's stock valued at $232,410,000 after buying an additional 162,757 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Strategy by 14.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker's stock worth $220,626,000 after acquiring an additional 97,515 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have issued reports on MSTR. Keefe, Bruyette & Woods assumed coverage on Strategy in a research note on Friday, February 7th. They set an "outperform" rating and a $560.00 target price for the company. Maxim Group boosted their price objective on shares of Strategy from $480.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Canaccord Genuity Group decreased their target price on shares of Strategy from $510.00 to $409.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Mizuho assumed coverage on shares of Strategy in a research report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target for the company. Finally, Monness Crespi & Hardt lowered shares of Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective on the stock. in a report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Strategy currently has an average rating of "Moderate Buy" and a consensus price target of $508.09.
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About Strategy
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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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