MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) Chairman Michael J. Saylor sold 5,000 shares of the firm's stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $1,295.80, for a total transaction of $6,479,000.00. 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 22nd, Michael J. Saylor sold 719 shares of MicroStrategy stock. The shares were sold at an average price of $1,338.20, for a total value of $962,165.80.
- On Friday, April 19th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was sold at an average price of $1,201.07, for a total value of $6,005,350.00.
- On Wednesday, April 17th, Michael J. Saylor sold 2,482 shares of MicroStrategy stock. The stock was sold at an average price of $1,218.09, for a total value of $3,023,299.38.
- On Monday, April 15th, Michael J. Saylor sold 1,967 shares of MicroStrategy stock. The shares were sold at an average price of $1,457.20, for a total value of $2,866,312.40.
- On Friday, April 12th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were 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 shares were 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 shares were sold at an average price of $1,657.49, for a total value 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 value 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 value of $8,154,400.00.
MicroStrategy Stock Down 2.0 %
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Shares of NASDAQ MSTR opened at $1,240.41 on Friday. The firm has a market cap of $21.05 billion, a price-to-earnings ratio of 44.02 and a beta of 2.89. The company's 50-day simple moving average is $1,339.55 and its 200-day simple moving average is $800.40. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.01. MicroStrategy Incorporated has a 52-week low of $266.00 and a 52-week high of $1,999.99.
MicroStrategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings data 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.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on MSTR. Canaccord Genuity Group reaffirmed a "buy" rating and set a $1,810.00 price objective on shares of MicroStrategy in a research note on Thursday, March 28th. BTIG Research raised their price target on shares of MicroStrategy from $780.00 to $1,800.00 and gave the company a "buy" rating in a research report on Friday, April 5th. Benchmark reiterated a "buy" rating and issued a $1,875.00 price objective on shares of MicroStrategy in a research report on Thursday. TD Cowen dropped 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. Finally, StockNews.com upgraded MicroStrategy to a "sell" rating in a research note on Monday, March 18th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, MicroStrategy has an average rating of "Moderate Buy" and a consensus price target of $1,473.00.
Read Our Latest Stock Report on MSTR
Institutional Trading of MicroStrategy
Large investors have recently made changes to their positions in the company. IFP Advisors Inc boosted its stake in 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 last quarter. Strong Tower Advisory Services purchased a new position in shares of MicroStrategy in the fourth quarter worth about $6,566,000. International Assets Investment Management LLC acquired a new position in MicroStrategy during the fourth quarter worth about $12,367,000. Vanguard Group Inc. grew its stake in MicroStrategy by 10.1% during the 3rd quarter. Vanguard Group Inc. now owns 1,126,980 shares of the software maker's stock valued at $369,965,000 after acquiring an additional 103,107 shares in the last quarter. Finally, RIA Advisory Group LLC purchased a new stake in MicroStrategy during the 4th quarter valued at about $3,118,000. 72.03% of the stock is currently owned by hedge funds and other institutional investors.
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.
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