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

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 Stock Down 8.8%

Shares of MicroStrategy stock opened at $366.63 on Friday. The company has a market cap of $100.24 billion, a P/E ratio of -16.81 and a beta of 3.76. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.66 and a current ratio of 0.66. MicroStrategy Incorporated has a one year low of $102.40 and a one year high of $543.00. The firm has a fifty day moving average of $395.02 and a two-hundred day moving average of $353.02.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data on Thursday, May 1st. The software maker reported ($16.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($16.47). MicroStrategy had a negative return on equity of 37.64% and a negative net margin of 1,160.72%. The firm had revenue of $111.07 million for the quarter, compared to analysts’ expectations of $116.66 million. During the same quarter in the previous year, the company posted ($0.83) EPS. The firm’s quarterly revenue was down 3.6% compared to the same quarter last year.

Insider Activity at MicroStrategy

In other news, Director Jarrod M. Patten acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, May 27th. The stock was acquired at an average price of $101.38 per share, with a total value of $1,013,800.00. Following the completion of the transaction, the director directly owned 10,000 shares in the company, valued at approximately $1,013,800. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Jeanine Montgomery sold 43,750 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $430.54, for a total transaction of $18,836,125.00. Following the completion of the transaction, the chief accounting officer directly owned 8,606 shares of the company’s stock, valued at approximately $3,705,227.24. This represents a 83.56% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 268,132 shares of company stock valued at $24,169,295 and have sold 172,971 shares valued at $70,540,378. 8.46% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MSTR. UBS Group reaffirmed a “buy” rating on shares of MicroStrategy in a research note on Friday, May 16th. Canaccord Genuity Group reaffirmed a “buy” rating on shares of MicroStrategy in a research note on Monday, May 19th. TD Cowen upped their price target on shares of MicroStrategy from $590.00 to $680.00 and gave the stock a “buy” rating in a research note on Tuesday, July 15th. Benchmark upped their price target on shares of MicroStrategy from $650.00 to $705.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Barclays reaffirmed a “hold” rating on shares of MicroStrategy in a research note on Monday, May 19th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, MicroStrategy presently has a consensus rating of “Moderate Buy” and an average target price of $546.58.

Hedge Funds Weigh In On MicroStrategy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Riverview Trust Co acquired a new position in MicroStrategy during the fourth quarter worth about $25,000. IAG Wealth Partners LLC acquired a new position in MicroStrategy during the fourth quarter worth about $25,000. Quadrant Capital Group LLC raised its position in MicroStrategy by 855.6% during the fourth quarter. Quadrant Capital Group LLC now owns 86 shares of the software maker’s stock worth $25,000 after acquiring an additional 77 shares during the last quarter. Dunhill Financial LLC acquired a new position in MicroStrategy during the fourth quarter worth about $26,000. Finally, Parkside Financial Bank & Trust raised its position in MicroStrategy by 422.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock worth $27,000 after acquiring an additional 76 shares during the last quarter. Institutional investors and hedge funds own 59.84% of the company’s stock.

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 [email protected] 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.

MicroStrategy 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.