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Microstrategy (NASDAQ:MSTR) Executive Vice President and General Counsel, Shao Wei-Ming, reported selling 7,168 shares of Class A Common Stock on July 14, 2025, at prices ranging from $440.98 to $455.139, totaling approximately $4,892,895. The sale comes as MSTR trades near $456, having delivered an impressive 174% return over the past year. According to InvestingPro analysis, the stock appears overvalued at current levels, with analyst price targets ranging from $175 to $680.
On the same day, Shao also exercised options to acquire 10,900 shares of Class A Common Stock at a price of $40.46 per share, amounting to $441,014. Following these transactions, Shao directly owns 13,830 shares of Class A Common Stock. He also directly owns 3,527 shares of Series A Perpetual Stride Preferred Stock and 500 shares of Series A Perpetual Strife Preferred Stock. Investors tracking this $127 billion market cap company can access detailed insider trading patterns and 12 additional key insights through InvestingPro’s comprehensive research reports, with the next earnings announcement scheduled for August 5, 2025.
In other recent news, MicroStrategy Incorporated has reported significant updates on its bitcoin acquisitions and ATM offering programs. Between July 7 and July 13, the company sold 797,008 shares of its Class A common stock, generating $330.9 million in net proceeds, which were used to acquire 4,225 bitcoins for approximately $472.5 million. As of July 13, MicroStrategy held a total of 601,550 bitcoins. Additionally, the company launched a $4.2 billion at-the-market offering of its 10.00% Series A Perpetual Stride Preferred Stock, with proceeds intended for general corporate purposes, including further bitcoin acquisitions.
TD Cowen has raised its price target for Strategy to $680 from $590, maintaining a Buy rating, citing the company’s unique position as the world’s largest corporate holder of bitcoin. The firm highlighted Strategy’s cost of capital advantage and its wide range of bitcoin-backed securities tailored for institutional investors. In related developments, Strategy’s stock rating was reiterated at Buy by TD Cowen after exceeding bitcoin acquisition estimates for the second quarter, leading to over $4 billion in bitcoin dollar gains.
In corporate governance news, MicroStrategy announced the election of Peter L. Briger, Jr. to its board of directors, while also revealing the upcoming retirement of Wei-Ming Shao, executive vice president and general counsel, at the end of the year. Mr. Briger was granted equity awards valued at $2 million under the company’s 2023 Equity Incentive Plan. These developments reflect ongoing strategic initiatives and leadership transitions within the company.
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