MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) Chairman Michael J. Saylor sold 5,000 shares of MicroStrategy stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $1,638.91, for a total transaction of $8,194,550.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Michael J. Saylor also recently made the following trade(s):
- On Monday, April 1st, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $1,630.88, for a total transaction of $8,154,400.00.
- On Wednesday, March 27th, Michael J. Saylor sold 1,140 shares of MicroStrategy stock. The stock was sold at an average price of $1,951.33, for a total transaction of $2,224,516.20.
- 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 transaction 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 transaction 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 transaction 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 shares were 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 shares were sold at an average price of $683.33, for a total value of $3,416,650.00.
MicroStrategy Price Performance
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Shares of NASDAQ MSTR opened at $1,615.42 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a fifty day moving average price of $1,106.26 and a 200 day moving average price of $693.36. MicroStrategy Incorporated has a 1-year low of $266.00 and a 1-year high of $1,999.99. The company has a market cap of $27.41 billion, a PE ratio of 57.33 and a beta of 2.89.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The software maker reported $5.62 earnings per share for the quarter. MicroStrategy had a return on equity of 42.81% and a net margin of 86.47%. The firm had revenue of $124.48 million during the quarter, compared to the consensus estimate of $134.90 million.
Wall Street Analysts Forecast Growth
MSTR has been the subject of several research analyst reports. Canaccord Genuity Group reissued a "buy" rating and issued a $1,810.00 price objective on shares of MicroStrategy in a report on Thursday, March 28th. BTIG Research increased their price objective on MicroStrategy from $560.00 to $690.00 and gave the company a "buy" rating in a report on Monday, December 11th. StockNews.com raised MicroStrategy to a "sell" rating in a report on Monday, March 18th. TD Cowen decreased their price objective 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. Finally, Benchmark initiated coverage on MicroStrategy in a report on Tuesday, February 27th. They issued a "buy" rating and a $990.00 price objective for the company. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $1,074.00.
View Our Latest Stock Analysis on MSTR
Institutional Investors Weigh In On MicroStrategy
Several hedge funds have recently modified their holdings of MSTR. ST Germain D J Co. Inc. purchased a new position in MicroStrategy in the first quarter worth $29,000. Principal Securities Inc. purchased a new stake in MicroStrategy in the 4th quarter valued at about $31,000. Harvest Fund Management Co. Ltd grew its holdings 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 buying an additional 40 shares during the period. GPS Wealth Strategies Group LLC purchased a new stake in shares of MicroStrategy during the 3rd quarter worth about $37,000. Finally, Harbour Investments Inc. grew its holdings in shares of MicroStrategy by 2,800.0% during the 4th quarter. Harbour Investments Inc. now owns 58 shares of the software maker's stock worth $37,000 after purchasing an additional 56 shares during the period. 72.03% of the stock is owned by institutional investors and hedge funds.
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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