MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Sells $962,165.80 in Stock

MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor sold 719 shares of the company’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $1,338.20, for a total value of $962,165.80. Following the completion of the transaction, the chairman now directly owns 719 shares in the company, valued at $962,165.80. The sale was disclosed in a filing with the SEC, which is available through this link.

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

• 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 transaction 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 transaction 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 stock was sold at an average price of $1,489.82, for a total value 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 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 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.

MicroStrategy Stock Up 1.1 %

MicroStrategy stock traded up $14.63 during midday trading on Tuesday, reaching $1,338.64. The stock had a trading volume of 1,040,776 shares, compared to its average volume of 2,189,078. The company has a fifty day moving average price of $1,306.13 and a two-hundred day moving average price of $787.00. MicroStrategy Incorporated has a 12 month low of $266.00 and a 12 month high of $1,999.99. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $22.72 billion, a P/E ratio of 46.98 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. MicroStrategy had a return on equity of 42.81% and a net margin of 86.47%. The firm had revenue of $124.48 million during the quarter, compared to the consensus estimate of $134.90 million.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Benchmark boosted their price objective on MicroStrategy from $990.00 to $1,875.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. BTIG Research lifted their target price on shares of MicroStrategy from $780.00 to $1,800.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. 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. StockNews.com upgraded shares of MicroStrategy to a “sell” rating in a research report on Monday, March 18th. Finally, TD Cowen cut 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 report on Wednesday, March 20th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,473.00.

Institutional Trading of MicroStrategy

Several institutional investors and hedge funds have recently modified their holdings of the stock. ST Germain D J Co. Inc. bought a new position in MicroStrategy during the first quarter worth about $29,000. Principal Securities Inc. purchased a new stake in shares of MicroStrategy during the 4th quarter valued at approximately $31,000. Harvest Fund Management Co. Ltd boosted its holdings in MicroStrategy by 307.7% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 53 shares of the software maker’s stock worth $33,000 after buying an additional 40 shares during the period. Rise Advisors LLC grew its stake in MicroStrategy by 233.3% in 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 in the last quarter. Finally, GPS Wealth Strategies Group LLC bought a new stake in MicroStrategy during the 3rd quarter valued at $37,000. 72.03% of the stock is owned by hedge funds and other institutional investors.

About MicroStrategy

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.