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

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 Stock Performance

NASDAQ MSTR traded up $12.59 on Tuesday, reaching $251.86. 12,398,029 shares of the company’s stock traded hands, compared to its average volume of 18,842,474. MicroStrategy Incorporated has a fifty-two week low of $101.00 and a fifty-two week high of $543.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The firm has a market cap of $64.82 billion, a price-to-earnings ratio of -44.29 and a beta of 3.36. The stock has a 50 day moving average price of $324.29 and a 200-day moving average price of $279.42.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MSTR. Canaccord Genuity Group reduced their price objective on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. TD Cowen upped their price target on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Keefe, Bruyette & Woods started coverage on shares of MicroStrategy in a research report on Friday, February 7th. They issued an “outperform” rating and a $560.00 price target for the company. Cantor Fitzgerald lifted their target price on MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $600.00 price objective on shares of MicroStrategy in a report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, MicroStrategy presently has an average rating of “Moderate Buy” and an average price target of $536.90.

Institutional Trading of MicroStrategy

Institutional investors and hedge funds have recently made changes to their positions in the stock. Riverview Trust Co acquired a new stake in shares of MicroStrategy during the 4th quarter worth about $25,000. IAG Wealth Partners LLC purchased a new position in shares of MicroStrategy during the 4th quarter worth about $25,000. Quadrant Capital Group LLC boosted its position in shares of MicroStrategy by 855.6% in 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 purchased a new stake in MicroStrategy in the fourth quarter valued at approximately $26,000. Finally, Capital Performance Advisors LLP acquired a new position in shares of MicroStrategy in the 3rd quarter valued at $27,000. 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 [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

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.