MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor Sells 2,482 Shares of Stock

MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor sold 2,482 shares of MicroStrategy stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $1,218.09, for a total transaction of $3,023,299.38. Following the completion of the transaction, the chairman now owns 2,482 shares in the company, valued at approximately $3,023,299.38. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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 shares were 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 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 shares were 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 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 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 Price Performance

MSTR opened at $1,208.16 on Friday. The company has a 50-day moving average of $1,283.45 and a 200-day moving average of $767.64. The company has a market capitalization of $20.50 billion, a P/E ratio of 42.87 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 debt-to-equity ratio of 1.01, a quick ratio of 0.83 and a current ratio of 0.83.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $134.90 million.

Institutional Investors Weigh In On MicroStrategy

A number of institutional investors have recently modified their holdings of MSTR. ST Germain D J Co. Inc. bought a new stake in shares of MicroStrategy during the 1st quarter valued at about $29,000. Principal Securities Inc. bought a new stake in shares of MicroStrategy during the 4th quarter valued at about $31,000. Harvest Fund Management Co. Ltd grew its position in shares of MicroStrategy by 307.7% during 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 last quarter. Rise Advisors LLC grew its position in shares of MicroStrategy by 233.3% during the 1st quarter. Rise Advisors LLC now owns 20 shares of the software maker’s stock valued at $34,000 after buying an additional 14 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC bought a new stake in shares of MicroStrategy during the 3rd quarter valued at about $37,000. Institutional investors own 72.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on MSTR shares. Canaccord Genuity Group reaffirmed a “buy” rating and set a $1,810.00 price target on shares of MicroStrategy in a research note on Thursday, March 28th. Benchmark lifted their price target on shares of MicroStrategy from $990.00 to $1,875.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. StockNews.com raised shares of MicroStrategy to a “sell” rating in a research note on Monday, March 18th. BTIG Research lifted their price target on shares of MicroStrategy from $780.00 to $1,800.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Finally, TD Cowen dropped their price target on shares of MicroStrategy from $1,560.00 to $1,450.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 20th. One equities research 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,473.00.

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.