MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) Chairman Michael J. Saylor sold 1,140 shares of MicroStrategy stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $1,951.33, for a total value of $2,224,516.20. Following the completion of the sale, the chairman now owns 1,140 shares in the company, valued at approximately $2,224,516.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Michael J. Saylor also recently made the following trade(s):
- On Monday, March 25th, Michael J. Saylor sold 809 shares of MicroStrategy stock. The stock was sold at an average price of $1,856.97, for a total value of $1,502,288.73.
- On Thursday, March 21st, Michael J. Saylor sold 1,260 shares of MicroStrategy stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 shares were sold at an average price of $491.32, for a total value of $2,456,600.00.
MicroStrategy Stock Performance
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NASDAQ MSTR opened at $1,704.56 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.01. The business's 50 day moving average is $989.63 and its two-hundred day moving average is $648.76. MicroStrategy Incorporated has a 12-month low of $255.45 and a 12-month high of $1,999.99. The stock has a market capitalization of $28.93 billion, a price-to-earnings ratio of 60.49 and a beta of 2.82.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last released its earnings results on Tuesday, February 6th. The software maker reported $5.62 earnings per share (EPS) for the quarter. MicroStrategy had a return on equity of 42.81% and a net margin of 86.47%. The company had revenue of $124.48 million for the quarter, compared to analysts' expectations of $134.90 million.
Analyst Ratings Changes
Several analysts have recently weighed in on MSTR shares. Canaccord Genuity Group reissued a "buy" rating and issued a $1,810.00 target price on shares of MicroStrategy in a report on Thursday. TD Cowen reduced their target price on MicroStrategy from $1,560.00 to $1,450.00 and set an "outperform" rating for the company in a report on Wednesday, March 20th. StockNews.com raised MicroStrategy to a "sell" rating in a report on Monday, March 18th. BTIG Research upped their price objective on MicroStrategy from $560.00 to $690.00 and gave the company a "buy" rating in a research note on Monday, December 11th. Finally, Benchmark began coverage on MicroStrategy in a research note on Tuesday, February 27th. They set a "buy" rating and a $990.00 price objective for the company. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $1,074.00.
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 the business. IFP Advisors Inc lifted its stake in shares of MicroStrategy by 90.0% during the 4th quarter. IFP Advisors Inc now owns 2,874 shares of the software maker's stock worth $1,815,000 after purchasing an additional 1,361 shares during the period. Vanguard Group Inc. raised 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 worth $369,965,000 after buying an additional 103,107 shares during the period. SG Americas Securities LLC raised its position in shares of MicroStrategy by 498.9% in the 4th quarter. SG Americas Securities LLC now owns 8,768 shares of the software maker's stock worth $5,538,000 after buying an additional 7,304 shares during the period. California Public Employees Retirement System raised its position in shares of MicroStrategy by 31.1% in the 3rd quarter. California Public Employees Retirement System now owns 20,519 shares of the software maker's stock worth $6,736,000 after buying an additional 4,871 shares during the period. Finally, UBS Group AG raised its position in shares of MicroStrategy by 376.9% in the 3rd quarter. UBS Group AG now owns 36,504 shares of the software maker's stock worth $11,984,000 after buying an additional 28,850 shares during the period. Institutional investors and hedge funds own 72.03% of the company's stock.
MicroStrategy Company Profile
(
Get Free Report)
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.
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