MSTR Strategy (MSTR) Insider Trading, Ownership & Congress Trades
Financial Services · Finance services · CIK 0001050446
C-suite buying · 2Congress · 1Form 144 · 9
Funds added, last quarter
528
13F, latest reported quarter
Conversions, 180 days
41
Codes C/M, not in net · $1.1M priced
What the filings say about MSTR
Insiders, 180 days
-$26.1M net sold
2 buyers · 5 sellers · 0% of sales under a 10b5-1 plan
Congress, 1 year
1 bought · 0 sold
Latest: purchase, 2026-06-05
Planned sales (Form 144), 90 days
$1.8M
9 notices
Strategy insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Strategy Inc insiders sold a net $26.1M of stock across 3,149 Form 4 purchases and sales, with 2 insiders buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 202 earlier Form 4 trades (code P or S) here by this insider (5 buys, 197 sales), the last on Oct 8, 2026.
- -25.1% median (-24.2% mean) 90-day return after 5 previous buys.
- The trade is 1.5% of the 29,306 shares held after it.
- No other insider sold within 30 days.
- 528 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Patten Jarrod M sold about $69.5K of MSTR on Oct 9, 2026; 528 funds added in the latest 13F quarter.Context
- 202 earlier Form 4 trades (code P or S) here by this insider (5 buys, 197 sales), the last on Oct 8, 2026.
- -25.1% median (-24.2% mean) 90-day return after 5 previous buys.
- The trade is 1.6% of the 28,856 shares held after it.
- No other insider sold within 30 days.
- 528 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Patten Jarrod M sold about $70.2K of MSTR on Oct 9, 2026; 528 funds added in the latest 13F quarter.Context
- 202 earlier Form 4 trades (code P or S) here by this insider (5 buys, 197 sales), the last on Oct 8, 2026.
- -25.1% median (-24.2% mean) 90-day return after 5 previous buys.
- The trade is 1.6% of the 28,406 shares held after it.
- No other insider sold within 30 days.
- 528 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Patten Jarrod M sold about $71.1K of MSTR on Oct 9, 2026; 528 funds added in the latest 13F quarter.Context
- 200 earlier Form 4 trades (code P or S) here by this insider (5 buys, 195 sales), the last on Sep 22, 2026.
- -25.1% median (-24.2% mean) 90-day return after 5 previous buys.
- The trade is 3.3% of the 28,856 shares held after it.
- No other insider sold within 30 days.
- 528 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Patten Jarrod M sold about $143.0K of MSTR on Oct 8, 2026; 528 funds added in the latest 13F quarter.Context
- 200 earlier Form 4 trades (code P or S) here by this insider (5 buys, 195 sales), the last on Sep 22, 2026.
- -25.1% median (-24.2% mean) 90-day return after 5 previous buys.
- The trade is 1.6% of the 28,406 shares held after it.
- No other insider sold within 30 days.
- 528 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Patten Jarrod M sold about $68.4K of MSTR on Oct 8, 2026; 528 funds added in the latest 13F quarter.3,149 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$26.1M over 180 days
-$1.8M over 90 days
below 88% of Financial Services
Congress
1 member bought in the last year
the lowest in Financial Services
Funds
528 funds bought in last quarter
more than 92% of Financial Services
Revenue
+3.0% year over year
below 67% of Financial Services
Margin
-806.3% net margin
below 93% of Financial Services
Buybacks
no share repurchases reported
Short interest
8.1% of the float short (float per yahoo 2026-10-26) · 1.2 days to cover · settled 2026-09-30
What changed in the last 30 days
Oct 27Insider buying stopped: no purchases in 90 days after 5 in the prior 90
Why it matters
The absence is the signal: 5 purchases in one 90-day window and none in the next is a change of behaviour, not a filing.
Oct 13Director Patten Jarrod M sold $422.2K (5 trades, Oct 8 to Oct 9)
Oct 9Director Patten Jarrod M filed to sell $210.8K by Oct 9 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.
Oct 8Director Patten Jarrod M filed to sell $211.4K by Oct 8 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.
Watch MSTR
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-48.0%12M
Insider buyInsider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns MSTR: institutional holders (13F)
13F holdings, latest reported quarter
36,120,913 sh
$3.1B
20,134,936 sh
$1.7B
15,353,408 sh
$1.3B
14,938,599 sh
$1.3B
9,519,214 sh
$821.4M
Congress trades in MSTR
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Bought 2026-06-05 · disclosed 27 days later
$15,001 - $50,000
Sold 2025-10-21 · disclosed 296 days later
$15,001 - $50,000
Sold 2025-05-12 · disclosed 41 days later
$15,001 - $50,000
Bought 2025-02-24 · disclosed 13 days later
$15,001 - $50,000
Bought 2024-12-24 · disclosed 76 days later
$15,001 - $50,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
MSTR planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
Patten Jarrod M
Filed 2026-10-09
$210.8K
Patten Jarrod M
Filed 2026-10-08
$211.4K
Patten Jarrod M
Filed 2026-09-22
$81.2K
Patten Jarrod M
Filed 2026-09-21
$238.4K
Chow Thomas C.
Filed 2026-09-04
$14.7K
MSTR mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Bitwise Bitcoin Standard Corporations ETF
$2.4M position · as of 2026-06-30
15.8%
Bitwise Crypto Industry Innovators ETF
$30.9M position · as of 2026-06-30
7.5%
Adaptive Hedged Multi-Asset Income ETF
$4.7M position · as of 2026-05-31
7.3%
VanEck Preferred Securities ex Financials ETF
$164.7M position · as of 2026-06-30
6.3%
REX Crypto Equity Premium Income ETF
$5.3M position · as of 2026-07-31
4.8%
First Trust SkyBridge Crypto Industry and Digital Economy ETF
$5.2M position · as of 2026-05-31
4.6%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $26.1M sold by insiders over 180 days, 528 funds added last quarter, 1 House member(s) bought in 12 months, disclosed weeks after the trade, $1.8M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
MSTR financials
Revenue growth
+3.0%
XBRL, annual
Net margin
-806.3%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$498.3M
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM MSTR
| FY Dec 2025 | $477.2M |
| FY Dec 2024 | $463.5M |
| FY Dec 2023 | $496.3M |
| FY Dec 2022 | $499.3M |
| FY Dec 2021 | $510.8M |
| Jun 2026 | $122.4M |
| Mar 2026 | $124.3M |
| Dec 2025 | $123.0M |
| Sep 2025 | $128.7M |
| Jun 2025 | $114.5M |
| Mar 2025 | $111.1M |
| Dec 2024 | $120.7M |
| Sep 2024 | $116.1M |
At each fiscal year end
Single quarter
Net margin, TTM
-6,103%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM MSTR
| FY Dec 2025 | -806.3% |
| FY Dec 2024 | -251.7% |
| FY Dec 2023 | +86.5% |
| FY Dec 2022 | -294.4% |
| FY Dec 2021 | -104.8% |
| Jun 2026 | -6,717% |
| Mar 2026 | -10,091% |
| Dec 2025 | -10,112% |
| Sep 2025 | +2,164% |
| Jun 2025 | +8,753% |
| Mar 2025 | -3,797% |
| Dec 2024 | -555.8% |
| Sep 2024 | -293.1% |
At each fiscal year end
Single quarter
Free cash flow, TTM
-$26.2M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM MSTR
| FY Dec 2025 | -$75.5M |
| FY Dec 2024 | -$56.0M |
| FY Dec 2023 | $9.8M |
| FY Dec 2022 | $725.0K |
| FY Dec 2021 | $91.1M |
| Jun 2026 | -$5.9M |
| Mar 2026 | $13.0M |
| Dec 2025 | -$22.2M |
| Sep 2025 | -$11.1M |
| Jun 2025 | -$37.0M |
| Mar 2025 | -$5.1M |
| Dec 2024 | -$17.6M |
| Sep 2024 | -$41.4M |
At each fiscal year end
Single quarter
Debt to equity
0.22x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Debt to equity MSTR
| FY Dec 2025 | 0.19x |
| FY Dec 2024 | 0.23x |
| FY Dec 2023 | 1.01x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | 2.20x |
| Jun 2026 | 0.22x |
| Mar 2026 | 0.22x |
| Dec 2025 | 0.19x |
| Sep 2025 | 0.16x |
| Jun 2025 | 0.17x |
| Mar 2025 | 0.25x |
| Dec 2024 | 0.23x |
| Sep 2024 | 1.12x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
-0.00x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt MSTR
| FY Dec 2025 | -0.01x |
| FY Dec 2024 | -0.01x |
| FY Dec 2023 | 0.01x |
| FY Dec 2022 | 0.00x |
| FY Dec 2021 | 0.04x |
| Jun 2026 | -0.00x |
| Mar 2026 | -0.01x |
| Dec 2025 | -0.01x |
| Sep 2025 | -0.01x |
| Jun 2025 | -0.01x |
| Mar 2025 | -0.01x |
| Dec 2024 | -0.01x |
| Sep 2024 | -0.01x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
-77.6%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity MSTR
| FY Dec 2025 | -10.2% |
| FY Dec 2024 | -7.0% |
| FY Dec 2023 | +48.2% |
| FY Dec 2022 | -493.4% |
| FY Dec 2021 | -75.1% |
| Jun 2026 | -77.6% |
| Mar 2026 | -35.4% |
| Dec 2025 | -10.2% |
| Sep 2025 | +28.2% |
| Jun 2025 | +19.1% |
| Mar 2025 | -30.8% |
| Dec 2024 | -7.0% |
| Sep 2024 | -17.6% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
-51.8%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets MSTR
| FY Dec 2025 | -8.8% |
| FY Dec 2024 | -7.6% |
| FY Dec 2023 | +12.0% |
| FY Dec 2022 | -49.3% |
| FY Dec 2021 | -21.3% |
| Jun 2026 | -51.8% |
| Mar 2026 | -24.8% |
| Dec 2025 | -8.8% |
| Sep 2025 | +19.3% |
| Jun 2025 | +13.3% |
| Mar 2025 | -21.2% |
| Dec 2024 | -7.6% |
| Sep 2024 | -6.9% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
pre-tax loss, no effective tax rate to apply
Return on invested capital MSTR
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | +22.0% |
| Jun 2025 | +14.6% |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
-62.4%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed MSTR
| FY Dec 2025 | -12.6% |
| FY Dec 2024 | -12.4% |
| FY Dec 2023 | -3.5% |
| FY Dec 2022 | -47.8% |
| FY Dec 2021 | -35.5% |
| Jun 2026 | -62.4% |
| Mar 2026 | -28.7% |
| Dec 2025 | -12.6% |
| Sep 2025 | +27.0% |
| Jun 2025 | +18.7% |
| Mar 2025 | -30.5% |
| Dec 2024 | -12.4% |
| Sep 2024 | -15.8% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
P/E, trailing MSTR
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | 1.94x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | 15.21x |
| Jun 2025 | 36.62x |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
n/a
no share count filed
Enterprise value MSTR
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
no share count filed
FCF yield MSTR
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
PEG, trailing MSTR
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $477.2M | $463.5M | $496.3M | $499.3M |
| Gross profit | $327.8M | $334.0M | $386.3M | $396.3M |
| Operating income | -$5.4B | -$1.9B | -$115.0M | -$1.3B |
| Net income | -$3.8B | -$1.2B | $429.1M | -$1.5B |
| EPS (diluted) | -15.23 | -6.06 | 2.64 | -12.98 |
| Operating cash flow | -$67.2M | -$53.0M | $12.7M | $3.2M |
| Cash | $2.3B | $38.1M | $46.8M | $43.8M |
| Long-term debt | $8.2B | $7.2B | $2.2B | $2.4B |
| Buybacks | n/a | n/a | n/a | $0 |
SEC XBRL, fiscal years, as known on 2026-10-27
MSTR Stock Sonar score 6/7 axes
Find similar shapesCompareMSTR ranks highest on institutional and government (79th percentile) and financial health (52nd), and lowest on risk and compliance (22nd), among Financial Services peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
MSTR filings, in plain words
Are Strategy insiders buying or selling MSTR?
In the 180 days to 2026-10-27, Strategy insiders were net sellers, a net $26.1M: $1.0M of purchases and $27.1M of sales reported on Form 4, by 2 buyers and 5 sellers.
Have members of Congress traded MSTR?
Yes. In the year to 2026-10-27, 1 House member disclosed buying MSTR and 0 House members disclosed selling it; the latest on record is a purchase by Gilbert Cisneros dated 2026-06-05.
Are there planned insider sales of MSTR?
Yes. 9 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $1.8M of stock; the latest, by Patten Jarrod M, was filed 2026-10-09.
Read the full summary
In the 180 days to 2026-10-27, Strategy insiders were net sellers of MSTR, a net $26.1M across purchases and sales reported on Form 4 by 2 buyers and 5 sellers. Sales outweighed purchases more than tenfold by value. None of the 96 insider sales was flagged as made under a Rule 10b5-1 plan. In the year to 2026-10-27, 1 member of Congress disclosed buying MSTR and 0 members disclosed selling it; the latest on record is a purchase by Gilbert Cisneros dated 2026-06-05. Insiders filed 9 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $1.8M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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