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

MicroStrategy Incorporated (NASDAQ:MSTRGet Free Report) Chairman Michael J. Saylor sold 5,000 shares of the business’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $500.62, for a total value of $2,503,100.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Monday, February 5th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $491.71, for a total transaction of $2,458,550.00.
  • On Wednesday, January 31st, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $513.83, for a total value of $2,569,150.00.
  • 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 shares were 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 shares were 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 shares were sold at an average price of $499.51, for a total value 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 value 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 value 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.

MicroStrategy Stock Performance

MicroStrategy stock opened at $498.00 on Wednesday. The business’s 50-day moving average price is $553.19 and its two-hundred day moving average price is $446.85. The stock has a market cap of $7.23 billion, a PE ratio of 386.05 and a beta of 2.61. MicroStrategy Incorporated has a 12-month low of $188.30 and a 12-month high of $727.77. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.59.

Institutional Trading of MicroStrategy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its stake in shares of MicroStrategy by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 99,949 shares of the software maker’s stock worth $63,130,000 after buying an additional 6,272 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in shares of MicroStrategy by 3.8% during the fourth quarter. Apollon Wealth Management LLC now owns 1,393 shares of the software maker’s stock worth $880,000 after purchasing an additional 51 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new stake in shares of MicroStrategy in the fourth quarter worth $207,000. Spire Wealth Management grew its stake in shares of MicroStrategy by 5.3% in the fourth quarter. Spire Wealth Management now owns 2,837 shares of the software maker’s stock worth $1,792,000 after purchasing an additional 142 shares during the last quarter. Finally, Avidian Wealth Solutions LLC bought a new stake in shares of MicroStrategy in the fourth quarter worth $236,000. Institutional investors own 49.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MSTR shares. Canaccord Genuity Group increased their price target on shares of MicroStrategy from $670.00 to $791.00 and gave the company a “buy” rating in a report on Thursday, December 28th. TheStreet upgraded MicroStrategy from a “d+” rating to a “c-” rating in a research report on Friday, November 17th. StockNews.com raised shares of MicroStrategy to a “sell” rating in a report on Tuesday, January 9th. Finally, BTIG Research raised their target price on shares of MicroStrategy from $560.00 to $690.00 and gave the stock a “buy” rating in a report on Monday, December 11th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $607.75.

Get Our Latest Research Report 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.

Further Reading

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

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