MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) Chairman Michael J. Saylor sold 2,482 shares of the business's stock in a transaction that occurred on Wednesday, April 17th. The stock was sold at an average price of $1,218.09, for a total transaction of $3,023,299.38. Following the completion of the sale, the chairman now directly owns 2,482 shares of the company's stock, valued at $3,023,299.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Michael J. Saylor also recently made the following trade(s):
- On Monday, April 15th, Michael J. Saylor sold 1,967 shares of MicroStrategy stock. The stock was sold at an average price of $1,457.20, for a total transaction of $2,866,312.40.
- On Friday, April 12th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $1,489.82, for a total transaction of $7,449,100.00.
- On Wednesday, April 10th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $1,457.84, for a total transaction of $7,289,200.00.
- On Monday, April 8th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $1,537.40, for a total transaction of $7,687,000.00.
- On Friday, April 5th, Michael J. Saylor sold 688 shares of MicroStrategy stock. The stock was 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 stock was 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 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.
MicroStrategy Trading Up 1.7 %
Have You Seen Elon’s New A.I. Device? (Picture Inside)
From InvestorPlace | Ad
A strange new era for mankind is upon us...
And it's all thanks to Elon Musk's latest creation. Click here to see this strange device you could be wearing some day.
Elon believes A.I. is advancing so fast...
This strange new device to protect us against that A.I. threat...
Shares of MSTR stock opened at $1,208.16 on Friday. MicroStrategy Incorporated has a 52-week low of $266.00 and a 52-week high of $1,999.99. The stock has a market cap of $20.50 billion, a price-to-earnings ratio of 42.87 and a beta of 2.89. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a fifty day moving average of $1,283.45 and a 200-day moving average of $767.64.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The software maker reported $5.62 earnings per share (EPS) for the quarter. The company had revenue of $124.48 million during the quarter, compared to analysts' expectations of $134.90 million. MicroStrategy had a net margin of 86.47% and a return on equity of 42.81%.
Analysts Set New Price Targets
A number of brokerages have weighed in on MSTR. StockNews.com raised shares of MicroStrategy to a "sell" rating in a report on Monday, March 18th. BTIG Research increased their price target on shares of MicroStrategy from $780.00 to $1,800.00 and gave the company a "buy" rating in a report on Friday, April 5th. Canaccord Genuity Group reissued a "buy" rating and issued a $1,810.00 price target on shares of MicroStrategy in a report on Thursday, March 28th. TD Cowen reduced their price target on shares of 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 increased their price target on shares of MicroStrategy from $990.00 to $1,875.00 and gave the company a "buy" rating in a report on Monday, April 8th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,473.00.
Check Out Our Latest Stock Analysis on MSTR
Institutional Investors Weigh In On MicroStrategy
A number of hedge funds have recently made changes to their positions in MSTR. Cresset Asset Management LLC increased its position in shares of MicroStrategy by 100.3% during the 4th quarter. Cresset Asset Management LLC now owns 922 shares of the software maker's stock worth $582,000 after purchasing an additional 271,122 shares in the last quarter. Vanguard Group Inc. increased its position in shares of MicroStrategy by 36.4% during the 1st quarter. Vanguard Group Inc. now owns 888,222 shares of the software maker's stock worth $431,960,000 after purchasing an additional 237,109 shares in the last quarter. Norges Bank acquired a new stake in shares of MicroStrategy during the 4th quarter worth about $70,990,000. Citigroup Inc. increased its position in shares of MicroStrategy by 102.9% during the 1st quarter. Citigroup Inc. now owns 2,858 shares of the software maker's stock worth $835,000 after purchasing an additional 99,930 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of MicroStrategy during the 1st quarter worth about $41,969,000. Institutional investors and hedge funds own 72.03% of the company's stock.
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
