MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Sells $1,502,288.73 in Stock

MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor sold 809 shares of the stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $1,856.97, for a total value of $1,502,288.73. Following the sale, the chairman now directly owns 2,660 shares in the company, valued at $4,939,540.20. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Michael J. Saylor also recently made the following trade(s):

• 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 shares were 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 shares were 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.
• On Monday, February 5th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $491.71, for a total value of $2,458,550.00.

MicroStrategy Trading Up 2.2 %

MSTR stock opened at $1,919.16 on Thursday. 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 Incorporated has a 12-month low of $232.50 and a 12-month high of $1,999.99. The stock has a market cap of $32.57 billion, a price-to-earnings ratio of 68.10 and a beta of 2.82. The business’s 50-day moving average is $965.27 and its 200 day moving average is $641.38.

MicroStrategy (NASDAQ:MSTR) last released its earnings results on Tuesday, February 6th. The software maker reported $5.62 earnings per share for the quarter. MicroStrategy had a net margin of 86.47% and a return on equity of 42.81%. The business had revenue of $124.48 million for the quarter, compared to analyst estimates of $134.90 million.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. HighPoint Advisor Group LLC purchased a new position in MicroStrategy in the 4th quarter worth approximately $88,000. PNC Financial Services Group Inc. lifted its stake in MicroStrategy by 300.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 124 shares of the software maker’s stock worth $78,000 after purchasing an additional 93 shares in the last quarter. Vanguard Group Inc. lifted its stake in MicroStrategy by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 1,151,977 shares of the software maker’s stock worth $727,612,000 after purchasing an additional 24,997 shares in the last quarter. American International Group Inc. lifted its stake in MicroStrategy by 10.0% in the 4th quarter. American International Group Inc. now owns 6,072 shares of the software maker’s stock worth $3,835,000 after purchasing an additional 553 shares in the last quarter. Finally, Virtu Financial LLC lifted its stake in MicroStrategy by 151.6% in the 4th quarter. Virtu Financial LLC now owns 2,750 shares of the software maker’s stock worth $1,737,000 after purchasing an additional 1,657 shares in the last quarter. 72.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on MSTR shares. 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. BTIG Research raised their target price on MicroStrategy from $560.00 to $690.00 and gave the company a “buy” rating in a research report on Monday, December 11th. Benchmark initiated coverage on MicroStrategy in a report on Tuesday, February 27th. They issued a “buy” rating and a $990.00 price objective on the stock. StockNews.com upgraded MicroStrategy to a “sell” rating in a report on Monday, March 18th. Finally, Canaccord Genuity Group lifted their price objective on MicroStrategy from $670.00 to $791.00 and gave the stock a “buy” rating in a report on Thursday, December 28th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $870.20.

MicroStrategy Company Profile

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.