MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) Chairman Michael J. Saylor sold 5,000 shares of the stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $1,537.40, for a total transaction of $7,687,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Michael J. Saylor also recently made the following trade(s):
- On Friday, April 5th, Michael J. Saylor sold 688 shares of MicroStrategy stock. The shares were sold at an average price of $1,657.49, for a total transaction of $1,140,353.12.
- On Wednesday, April 3rd, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $1,638.91, for a total transaction of $8,194,550.00.
- On Monday, April 1st, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were 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 shares were 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 shares were 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 stock was sold at an average price of $1,785.98, for a total transaction 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 transaction 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 transaction of $2,598,472.28.
MicroStrategy Stock Down 4.8 %
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MicroStrategy stock opened at $1,441.02 on Wednesday. The company has a market cap of $24.45 billion, a P/E ratio of 51.14 and a beta of 2.89. MicroStrategy Incorporated has a 1-year low of $266.00 and a 1-year high of $1,999.99. The company has a fifty day simple moving average of $1,163.56 and a 200 day simple moving average of $722.36. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.01.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last released its earnings results on Tuesday, February 6th. The software maker reported $5.62 earnings per share for the quarter. The business had revenue of $124.48 million during the quarter, compared to the consensus estimate of $134.90 million. MicroStrategy had a net margin of 86.47% and a return on equity of 42.81%.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Rise Advisors LLC grew its position in shares of MicroStrategy by 233.3% in the 1st quarter. Rise Advisors LLC now owns 20 shares of the software maker's stock valued at $34,000 after acquiring an additional 14 shares during the period. CWM LLC grew its position in shares of MicroStrategy by 109.3% in the 1st quarter. CWM LLC now owns 829 shares of the software maker's stock valued at $1,413,000 after acquiring an additional 433 shares during the period. Strategic Advocates LLC bought a new position in shares of MicroStrategy in the 1st quarter valued at about $384,000. Avondale Wealth Management bought a new position in shares of MicroStrategy in the 1st quarter valued at about $61,000. Finally, ST Germain D J Co. Inc. bought a new position in shares of MicroStrategy in the 1st quarter valued at about $29,000. Institutional investors own 72.03% of the company's stock.
Analyst Upgrades and Downgrades
MSTR has been the topic of several analyst reports. TD Cowen cut their target price on shares of MicroStrategy from $1,560.00 to $1,450.00 and set an "outperform" rating on the stock in a report on Wednesday, March 20th. BTIG Research raised their price objective on shares of MicroStrategy from $780.00 to $1,800.00 and gave the stock a "buy" rating in a report on Friday, April 5th. Benchmark raised their price objective on shares of MicroStrategy from $990.00 to $1,875.00 and gave the stock a "buy" rating in a report on Monday. StockNews.com upgraded shares of MicroStrategy to a "sell" rating in a report on Monday, March 18th. Finally, Canaccord Genuity Group restated a "buy" rating and set a $1,810.00 price objective on shares of MicroStrategy in a report on Thursday, March 28th. One analyst has rated the stock with a sell rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $1,473.00.
Get Our Latest Stock Analysis on MicroStrategy
About MicroStrategy
(
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.
Further Reading
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