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 on Friday, February 9th. The stock was sold at an average price of $634.03, for a total value of $3,170,150.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Wednesday, February 7th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $491.32, for a total value of $2,456,600.00.
  • 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 value of $2,458,550.00.
  • On Friday, February 2nd, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $500.62, for a total value of $2,503,100.00.
  • 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 value 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 value 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 value 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 value 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 value 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 value of $2,403,700.00.

MicroStrategy Stock Performance

MSTR opened at $717.52 on Tuesday. The stock has a market cap of $10.42 billion, a P/E ratio of 25.46 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 stock’s 50 day simple moving average is $560.45 and its 200 day simple moving average is $451.93. MicroStrategy Incorporated has a 1-year low of $188.30 and a 1-year high of $727.77.

Analyst Upgrades and Downgrades

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

View Our Latest Report on MSTR

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its holdings in MicroStrategy by 26.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 1,876 shares of the software maker’s stock valued at $642,000 after purchasing an additional 395 shares in the last quarter. California Public Employees Retirement System grew its stake in shares of MicroStrategy by 31.1% during the third quarter. California Public Employees Retirement System now owns 20,519 shares of the software maker’s stock valued at $6,736,000 after acquiring an additional 4,871 shares in the last quarter. Strs Ohio acquired a new stake in shares of MicroStrategy during the second quarter valued at about $239,000. Geode Capital Management LLC grew its stake in shares of MicroStrategy by 16.4% during the second quarter. Geode Capital Management LLC now owns 221,013 shares of the software maker’s stock valued at $75,679,000 after acquiring an additional 31,090 shares in the last quarter. Finally, Barclays PLC grew its stake in shares of MicroStrategy by 42.1% during the third quarter. Barclays PLC now owns 25,402 shares of the software maker’s stock valued at $8,339,000 after acquiring an additional 7,525 shares in the last quarter. 49.44% of the stock is owned by hedge funds and other institutional investors.

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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