The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Strategy shares valued at $9,027,276 were sold by GRAHAM STEPHEN X on Nov 21 ’24. At $451.36 per share, GRAHAM STEPHEN X sold 20,000 shares. The insider’s holdings dropped to 6,970 shares worth approximately $1.67 million following the completion of this transaction.
Also, STEPHEN GRAHAM purchased 20,000 shares, netting a total of over 9,027,246 in proceeds.
Before that, Montgomery Jeanine had sold 46 shares from its account. In a trade valued at $16,540, the SVP & CAO traded Strategy shares for $359.56 each. Upon closing the transaction, the insider’s holdings decreased to 46 shares, worth approximately $1.55 million.
As published in their initiating research note from Keefe Bruyette on February 07, 2025, Strategy [MSTR] has been an Outperform and the price target has been revised to $560. Analysts at Mizuho started covering the stock with ‘”an Outperform”‘ outlook in a report released in late January. As of October 31, 2024, Maxim Group has reiterated its “Buy” rating for MSTR. Earlier on September 06, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for MSTR stock.
Analyzing MSTR Stock Performance
During the last five days, there has been a drop of approximately -25.89%. Over the course of the year, Strategy shares have dropped approximately -17.12%. Shares of the company reached a 52-week high of $404.42 on 01/21/25 and a 52-week low of $239.48 on 02/27/25. A 50-day SMA is recorded $336.94, while a 200-day SMA reached $231.27.
Support And Resistance Levels for Strategy (MSTR)
According to the 24-hour chart, there is a support level at 229.20, which, if violated, would cause prices to drop to 218.35. In the upper region, resistance lies at 261.18. The next price resistance is at 282.30. RSI (Relative Strength Index) is 29.23 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -54.72, which suggests the price will decrease in the coming days. Percent R is at 99.46%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
