Representative Jefferson Shreve (R-Indiana) recently bought shares of MicroStrategy Incorporated NASDAQ: MSTR. In a filing disclosed on March 09th, the Representative disclosed that they had bought between $15,001 and $50,000 in MicroStrategy stock on February 24th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of RTX NYSE: RTX on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Royal Gold NASDAQ: RGLD on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of QUALCOMM NASDAQ: QCOM on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 2/24/2025.
- Sold $15,001 - $50,000 in shares of Norfolk Southern NYSE: NSC on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 2/24/2025.
- Purchased $50,001 - $100,000 in shares of AbbVie NYSE: ABBV on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Johnson & Johnson NYSE: JNJ on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of The Cigna Group NYSE: CI on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Adobe NASDAQ: ADBE on 2/24/2025.
MicroStrategy Price Performance
Shares of MicroStrategy stock traded down $2.02 on Wednesday, reaching $258.57. The company's stock had a trading volume of 10,269,262 shares, compared to its average volume of 18,756,709. The company has a market capitalization of $66.54 billion, a P/E ratio of -45.90 and a beta of 3.36. The stock has a 50-day moving average price of $323.71 and a 200-day moving average price of $280.20. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00.
MicroStrategy (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). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.
Analyst Ratings Changes
Several equities analysts have issued reports on the company. Mizuho assumed coverage on MicroStrategy in a report on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price objective on the stock. Keefe, Bruyette & Woods started coverage on MicroStrategy in a research note on Friday, February 7th. They issued an "outperform" rating and a $560.00 target price on the stock. TD Cowen boosted their price target on shares of MicroStrategy from $392.00 to $525.00 and gave the stock a "buy" rating in a research note on Monday, November 25th. Canaccord Genuity Group cut their price objective on MicroStrategy from $510.00 to $409.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Finally, BTIG Research boosted their price target on MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. One analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $536.90.
Check Out Our Latest Analysis on MSTR
Hedge Funds Weigh In On MicroStrategy
A number of large investors have recently modified their holdings of the company. National Bank of Canada FI raised its holdings in MicroStrategy by 746.2% in the third quarter. National Bank of Canada FI now owns 20,647 shares of the software maker's stock valued at $3,481,000 after buying an additional 18,207 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of MicroStrategy in the 4th quarter valued at $81,783,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of MicroStrategy in the 3rd quarter valued at $254,000. Clarity Capital Partners LLC raised its position in MicroStrategy by 122.3% in the fourth quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker's stock valued at $7,274,000 after purchasing an additional 13,817 shares during the period. Finally, Wellington Management Group LLP raised its position in MicroStrategy by 979.8% in the third quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker's stock valued at $1,134,000 after purchasing an additional 6,104 shares during the period. 59.84% of the stock is currently owned by hedge funds and other institutional investors.
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.
MicroStrategy Company Profile
(
Get Free Report)
MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.
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