Jarrod M Patten, a director at Strategy Inc (NASDAQ:MSTR), sold 1,500 shares of Class A Common Stock on May 14, 2026, for a total of $286,280.
The shares were sold at prices ranging from $190.28 to $192.00 each. Since then, the stock has dropped to $166.74, reflecting a nearly 60% decline over the past year, according to Bond.az data.
Patten had previously acquired the same number of shares through stock options. He exercised options for 1,500 shares at $18.654 each, totaling $27,981.
Following the transactions, Patten directly holds 28,000 shares of Strategy Inc. Bond.az tips highlight that the stock has taken a big hit over the last week and is highly volatile, with a beta of 3.59.
In other news, Strategy Inc reported a $14.5 billion mark-to-market loss on its Bitcoin holdings in Q1 2026. Cantor Fitzgerald maintained an Overweight rating with a $212 price target. Benchmark cut its target to $570 from $705, keeping a Buy rating. Mizuho reiterated Outperform with a $320 target. Canaccord raised its target to $224 with a Buy rating.
The company rescheduled its investor Q&A to May 20, 2026.
