MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor Sells 5,000 Shares

MicroStrategy Incorporated (NASDAQ:MSTRGet Free Report) Chairman Michael J. Saylor sold 5,000 shares of the business’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $513.83, for a total transaction of $2,569,150.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Michael J. Saylor also recently made the following trade(s):

  • On Monday, January 29th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $507.91, for a total transaction of $2,539,550.00.
  • On Friday, January 26th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $484.16, for a total transaction of $2,420,800.00.
  • On Wednesday, January 24th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $453.35, for a total transaction of $2,266,750.00.
  • On Monday, January 22nd, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $469.50, for a total transaction of $2,347,500.00.
  • On Thursday, January 18th, Michael J. Saylor sold 4,800 shares of MicroStrategy stock. The stock was sold at an average price of $499.51, for a total transaction of $2,397,648.00.
  • On Tuesday, January 16th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $480.74, for a total transaction of $2,403,700.00.
  • On Friday, January 12th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $499.64, for a total transaction of $2,498,200.00.
  • On Wednesday, January 10th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $570.17, for a total transaction of $2,850,850.00.
  • On Monday, January 8th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $614.24, for a total transaction of $3,071,200.00.
  • On Thursday, January 4th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $652.46, for a total transaction of $3,262,300.00.

MicroStrategy Price Performance

Shares of MSTR opened at $503.48 on Friday. MicroStrategy Incorporated has a fifty-two week low of $188.30 and a fifty-two week high of $727.77. The firm’s 50 day moving average price is $553.84 and its 200 day moving average price is $445.76. The company has a market cap of $7.31 billion, a P/E ratio of 390.29 and a beta of 2.61. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.59.

MicroStrategy (NASDAQ:MSTRGet Free Report) last announced its earnings results on Wednesday, November 1st. The software maker reported ($8.98) earnings per share for the quarter, missing the consensus estimate of $0.74 by ($9.72). MicroStrategy had a return on equity of 28.10% and a net margin of 17.91%. The business had revenue of $129.46 million for the quarter, compared to analysts’ expectations of $126.00 million. During the same period in the previous year, the company earned ($0.96) earnings per share. MicroStrategy’s quarterly revenue was up 3.3% on a year-over-year basis.

Institutional Investors Weigh In On MicroStrategy

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of MicroStrategy by 10.1% in the 3rd quarter. Vanguard Group Inc. now owns 1,126,980 shares of the software maker’s stock valued at $369,965,000 after purchasing an additional 103,107 shares during the last quarter. Capital World Investors increased its position in shares of MicroStrategy by 5.9% in the 1st quarter. Capital World Investors now owns 622,941 shares of the software maker’s stock valued at $302,949,000 after purchasing an additional 34,945 shares during the last quarter. First Trust Advisors LP increased its position in shares of MicroStrategy by 31.9% in the 1st quarter. First Trust Advisors LP now owns 226,800 shares of the software maker’s stock valued at $110,297,000 after purchasing an additional 54,911 shares during the last quarter. Geode Capital Management LLC increased its position in shares of MicroStrategy by 16.4% in the 2nd quarter. Geode Capital Management LLC now owns 221,013 shares of the software maker’s stock valued at $75,679,000 after purchasing an additional 31,090 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of MicroStrategy by 2.1% in the 3rd quarter. Northern Trust Corp now owns 108,075 shares of the software maker’s stock valued at $35,479,000 after purchasing an additional 2,248 shares during the last quarter. 49.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MSTR has been the topic of several recent analyst reports. BTIG Research upped their price objective on shares of MicroStrategy from $560.00 to $690.00 and gave the stock a “buy” rating in a report on Monday, December 11th. Canaccord Genuity Group upped their price objective on shares of MicroStrategy from $670.00 to $791.00 and gave the stock a “buy” rating in a report on Thursday, December 28th. TheStreet upgraded shares of MicroStrategy from a “d+” rating to a “c-” rating in a report on Friday, November 17th. Finally, StockNews.com upgraded shares of MicroStrategy to a “sell” rating in a report on Tuesday, January 9th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $607.75.

View Our Latest Analysis on MicroStrategy

MicroStrategy Company Profile

(Get Free Report)

MicroStrategy Incorporated provides enterprise analytics software and services in the United States, Canada, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy, an enterprise analytics software platform that enables users to create visualizations, customize apps, and embed analytics directly into workflows; and MicroStrategy Cloud Environment, a managed software-as-a-service solution, which offers always-on threat monitoring and enables rapid analytics development and deployment to deliver security and data privacy requirements.

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Insider Buying and Selling by Quarter for MicroStrategy (NASDAQ:MSTR)

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