Jarrod Patten Sells 925 Shares of Strategy (NASDAQ:MSTR) Stock

Posted by Brian Himes on Aug 26th, 2026

Strategy Inc (NASDAQ:MSTR – Get Free Report) Director Jarrod Patten sold 925 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $122.34, for a total transaction of $113,164.50. Following the completion of the transaction, the director directly owned 28,406 shares in the company, valued at approximately $3,475,190.04. The trade was a 3.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Strategy Stock Performance

MSTR traded down $3.64 during trading on Wednesday, hitting $123.19. The company’s stock had a trading volume of 16,785,570 shares, compared to its average volume of 21,373,172. Strategy Inc has a one year low of $81.81 and a one year high of $365.21. The business’s 50 day simple moving average is $99.08 and its 200-day simple moving average is $128.13. The company has a quick ratio of 5.39, a current ratio of 5.39 and a debt-to-equity ratio of 0.22. The firm has a market cap of $47.33 billion, a PE ratio of -1.27 and a beta of 3.54.

Strategy (NASDAQ:MSTR – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The software maker reported ($24.45) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.19) by ($22.26). Strategy had a negative net margin of 6,102.95% and a negative return on equity of 74.18%. The company had revenue of $122.37 million for the quarter, compared to analysts’ expectations of $122.90 million. During the same period in the previous year, the firm earned $32.52 earnings per share. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. As a group, sell-side analysts predict that Strategy Inc will post -23.76 EPS for the current fiscal year.

Institutional Trading of Strategy

Several hedge funds have recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Strategy during the 2nd quarter valued at approximately $8,727,000. California State Teachers Retirement System increased its position in Strategy by 8,577.0% in the second quarter. California State Teachers Retirement System now owns 34,849,455 shares of the software maker’s stock worth $3,029,463,000 after purchasing an additional 34,447,826 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in Strategy during the second quarter valued at $28,000. Kintra Wealth LLC raised its stake in Strategy by 14.1% during the second quarter. Kintra Wealth LLC now owns 5,846 shares of the software maker’s stock valued at $508,000 after purchasing an additional 722 shares in the last quarter. Finally, Operose Advisors LLC bought a new position in Strategy during the second quarter valued at $144,000. 59.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on MSTR shares. Weiss Ratings cut Strategy from a “hold (c)” rating to a “sell (d)” rating in a report on Tuesday, August 4th. Canaccord Genuity Group upped their target price on shares of Strategy from $130.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday. Monness Crespi & Hardt reaffirmed a “neutral” rating on shares of Strategy in a research note on Tuesday, June 2nd. Wall Street Zen upgraded shares of Strategy from a “strong sell” rating to a “sell” rating in a report on Sunday, August 16th. Finally, BTIG Research reissued a “buy” rating and set a $250.00 price objective on shares of Strategy in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.38.

Read Our Latest Stock Analysis on MSTR

Strategy News Summary

Here are the key news stories impacting Strategy this week:

Positive Sentiment: Strategy’s 840,447-Bitcoin holdings moved back into an estimated unrealized profit after Bitcoin rose above the company’s approximately $75,385 average cost basis. Because MSTR has significant exposure to Bitcoin, the rebound improved sentiment toward the stock. Bitcoin Price Rally Puts Strategy’s $66B BTC Bet Back in Profit Above $75,385 Cost Basis
Positive Sentiment: Canaccord Genuity raised its price target on Strategy to $175 from $130 and maintained a Buy rating, citing the company’s new liquidity structure and Bitcoin momentum. The higher target provides a bullish catalyst, although it reflects substantial risk. Why Is Strategy Stock Surging on Tuesday?
Neutral Sentiment: Strategy raised approximately $2.01 billion through share sales and created a roughly $1.59 billion cash pool. The reserve gives management flexibility to fund preferred dividends, debt obligations, buybacks or future Bitcoin purchases, but the company did not immediately add to its Bitcoin holdings. Strategy earmarks $1.6 billion cash pool for treasury operations, buybacks
Negative Sentiment: Bernstein cut its MSTR price target by $100 to $350, while retaining a bullish long-term Bitcoin outlook, because Strategy’s faster equity issuance could dilute existing shareholders. The stock’s sensitivity to Bitcoin also remains exceptionally high: a $1,000 move in Bitcoin is estimated to change Strategy’s Bitcoin holdings’ value by about $840 million. Bernstein: Bitcoin Could Hit $500,000 By 2029, MSTR to $350
Negative Sentiment: Commentators, including Jim Cramer, continue to warn that Strategy’s debt and recurring capital-market needs make MSTR riskier than direct Bitcoin exposure. One analysis estimates roughly $1.76 billion in annual obligations and argues that losing access to equity and debt markets—not necessarily a Bitcoin margin call—is the company’s key vulnerability. Strategy’s $66B Bitcoin machine hinges on capital markets, not BTC price

About Strategy

(Get Free Report)

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.