MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor Sells 1,967 Shares

MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor sold 1,967 shares of the company’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $1,457.20, for a total value of $2,866,312.40. Following the transaction, the chairman now directly owns 3,836 shares in the company, valued at approximately $5,589,819.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• 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 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 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 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 value 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 value 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 value 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 shares were 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 shares were sold at an average price of $1,416.13, for a total transaction of $1,884,869.03.

MicroStrategy Stock Down 5.3 %

MSTR opened at $1,188.05 on Thursday. MicroStrategy Incorporated has a 12 month low of $266.00 and a 12 month high of $1,999.99. The business has a 50-day moving average of $1,271.04 and a two-hundred day moving average of $764.56. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market capitalization of $20.16 billion, a price-to-earnings ratio of 42.16 and a beta of 2.89.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings data on Tuesday, February 6th. The software maker reported $5.62 EPS 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 return on equity of 42.81% and a net margin of 86.47%.

Wall Street Analysts Forecast Growth

MSTR has been the subject of several research reports. BTIG Research lifted their price objective on MicroStrategy from $780.00 to $1,800.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. StockNews.com upgraded MicroStrategy to a “sell” rating in a research report on Monday, March 18th. Benchmark boosted their target price on shares of MicroStrategy from $990.00 to $1,875.00 and gave the company a “buy” rating in a research note on Monday, April 8th. 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. Finally, TD Cowen lowered 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. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,473.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Fiduciary Alliance LLC boosted its holdings in MicroStrategy by 36.1% in the first quarter. Fiduciary Alliance LLC now owns 1,134 shares of the software maker’s stock valued at $1,856,000 after purchasing an additional 301 shares during the last quarter. Webster Bank N. A. purchased a new position in shares of MicroStrategy during the 1st quarter valued at approximately $68,000. LongView Wealth Management bought a new stake in shares of MicroStrategy in the first quarter worth $341,000. Sunburst Financial Group LLC acquired a new stake in MicroStrategy in the first quarter valued at $594,000. Finally, Investment Partners Asset Management Inc. bought a new position in MicroStrategy during the 1st quarter valued at $443,000. Institutional investors and hedge funds own 72.03% of the company’s stock.

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.