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 MicroStrategy stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $491.32, for a total transaction of $2,456,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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 shares were sold at an average price of $491.71, for a total transaction of $2,458,550.00.
  • On Friday, February 2nd, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $500.62, for a total transaction of $2,503,100.00.
  • On Wednesday, January 31st, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $513.83, for a total transaction of $2,569,150.00.
  • On Monday, January 29th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were 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 stock was 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 stock was sold at an average price of $499.64, for a total transaction of $2,498,200.00.

MicroStrategy Price Performance

Shares of NASDAQ:MSTR opened at $646.32 on Friday. The company has a market cap of $9.38 billion, a price-to-earnings ratio of 22.94 and a beta of 2.61. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.83 and a quick ratio of 0.75. The firm has a 50 day simple moving average of $557.37 and a 200 day simple moving average of $449.75. MicroStrategy Incorporated has a one year low of $188.30 and a one year high of $727.77.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on MicroStrategy

Hedge Funds Weigh In On MicroStrategy

Several institutional investors and hedge funds have recently added to or reduced their stakes in MSTR. Principal Securities Inc. bought a new position in MicroStrategy in the 4th quarter valued at approximately $31,000. Harvest Fund Management Co. Ltd lifted its stake in MicroStrategy by 307.7% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 53 shares of the software maker’s stock valued at $33,000 after purchasing an additional 40 shares during the last quarter. GPS Wealth Strategies Group LLC bought a new position in shares of MicroStrategy during the third quarter valued at $37,000. C M Bidwell & Associates Ltd. bought a new position in shares of MicroStrategy during the second quarter valued at $40,000. Finally, Signaturefd LLC raised its stake in shares of MicroStrategy by 85.3% during the fourth quarter. Signaturefd LLC now owns 63 shares of the software maker’s stock valued at $40,000 after acquiring an additional 29 shares during the last quarter. Institutional investors own 49.44% of the company’s stock.

About MicroStrategy

(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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