Michael J. Saylor Sells 809 Shares of MicroStrategy Incorporated (NASDAQ:MSTR) Stock

MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor sold 809 shares of the stock in a transaction on Monday, March 25th. The shares were sold at an average price of $1,856.97, for a total value of $1,502,288.73. Following the sale, the chairman now owns 2,660 shares in the company, valued at $4,939,540.20. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Thursday, March 21st, Michael J. Saylor sold 1,260 shares of MicroStrategy stock. The shares were sold at an average price of $1,680.49, for a total value of $2,117,417.40.
• On Tuesday, March 19th, Michael J. Saylor sold 1,331 shares of MicroStrategy stock. The shares were sold at an average price of $1,416.13, for a total value of $1,884,869.03.
• On Friday, March 15th, Michael J. Saylor sold 1,600 shares of MicroStrategy stock. The shares were sold at an average price of $1,785.98, for a total value of $2,857,568.00.
• On Tuesday, March 12th, Michael J. Saylor sold 1,693 shares of MicroStrategy stock. The shares were sold at an average price of $1,558.03, for a total value of $2,637,744.79.
• On Tuesday, March 5th, Michael J. Saylor sold 2,063 shares of MicroStrategy stock. The shares were sold at an average price of $1,259.56, for a total value of $2,598,472.28.
• On Friday, February 23rd, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $691.51, for a total value of $3,457,550.00.
• On Tuesday, February 13th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $683.33, for a total value of $3,416,650.00.
• On Friday, February 9th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $634.03, for a total value of $3,170,150.00.
• On Wednesday, February 7th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was 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 stock was sold at an average price of $491.71, for a total value of $2,458,550.00.

MicroStrategy Price Performance

NASDAQ:MSTR opened at $1,919.16 on Thursday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.01. The business’s 50-day simple moving average is $965.27 and its two-hundred day simple moving average is $641.38. The stock has a market cap of $32.57 billion, a PE ratio of 68.10 and a beta of 2.82. MicroStrategy Incorporated has a 52 week low of $232.50 and a 52 week high of $1,999.99.

MicroStrategy (NASDAQ:MSTR) last posted its quarterly earnings results on Tuesday, February 6th. The software maker reported $5.62 EPS for the quarter. The business had revenue of $124.48 million for the quarter, compared to analysts’ expectations of $134.90 million. MicroStrategy had a return on equity of 42.81% and a net margin of 86.47%.

Institutional Investors Weigh In On MicroStrategy

A number of institutional investors and hedge funds have recently bought and sold shares of the business. HighPoint Advisor Group LLC bought a new stake in MicroStrategy during the fourth quarter valued at about $88,000. PNC Financial Services Group Inc. increased its holdings in shares of MicroStrategy by 300.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 124 shares of the software maker’s stock worth $78,000 after purchasing an additional 93 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of MicroStrategy by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 1,151,977 shares of the software maker’s stock worth $727,612,000 after purchasing an additional 24,997 shares during the last quarter. American International Group Inc. increased its holdings in shares of MicroStrategy by 10.0% in the fourth quarter. American International Group Inc. now owns 6,072 shares of the software maker’s stock worth $3,835,000 after purchasing an additional 553 shares during the last quarter. Finally, Virtu Financial LLC increased its holdings in shares of MicroStrategy by 151.6% in the fourth quarter. Virtu Financial LLC now owns 2,750 shares of the software maker’s stock worth $1,737,000 after purchasing an additional 1,657 shares during the last quarter. 72.03% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on MSTR shares. BTIG Research raised their price target on MicroStrategy from $560.00 to $690.00 and gave the stock a “buy” rating in a research note on Monday, December 11th. Canaccord Genuity Group lifted their target price on MicroStrategy from $670.00 to $791.00 and gave the company a “buy” rating in a research report on Thursday, December 28th. StockNews.com upgraded MicroStrategy to a “sell” rating in a research report on Monday, March 18th. Benchmark assumed coverage on MicroStrategy in a research report on Tuesday, February 27th. They set a “buy” rating and a $990.00 target price on the stock. Finally, TD Cowen lowered their target price on MicroStrategy from $1,560.00 to $1,450.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 20th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $870.20.

MicroStrategy Company Profile

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.