MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor Sells 1,140 Shares

MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor sold 1,140 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $1,951.33, for a total value of $2,224,516.20. Following the completion of the sale, the chairman now owns 1,140 shares of the company’s stock, valued at $2,224,516.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• 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 value 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 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.

MicroStrategy Price Performance

MicroStrategy stock opened at $1,704.56 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $28.93 billion, a P/E ratio of 60.49 and a beta of 2.82. The business’s fifty day moving average is $989.63 and its two-hundred day moving average is $648.76. MicroStrategy Incorporated has a 52 week low of $255.45 and a 52 week high of $1,999.99.

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

Hedge Funds Weigh In On MicroStrategy

A number of institutional investors have recently modified their holdings of MSTR. Capital International Investors grew its position in MicroStrategy by 0.3% during the 4th quarter. Capital International Investors now owns 1,558,897 shares of the software maker’s stock worth $984,631,000 after acquiring an additional 4,858 shares during the last quarter. Vanguard Group Inc. grew its position in MicroStrategy by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 1,151,977 shares of the software maker’s stock worth $727,612,000 after acquiring an additional 24,997 shares during the last quarter. Capital World Investors grew its position in MicroStrategy by 5.9% during the 1st quarter. Capital World Investors now owns 622,941 shares of the software maker’s stock worth $302,949,000 after acquiring an additional 34,945 shares during the last quarter. First Trust Advisors LP grew its position in shares of MicroStrategy by 31.9% in the 1st quarter. First Trust Advisors LP now owns 226,800 shares of the software maker’s stock valued at $110,297,000 after buying an additional 54,911 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of MicroStrategy by 16.4% in the 2nd quarter. Geode Capital Management LLC now owns 221,013 shares of the software maker’s stock valued at $75,679,000 after buying an additional 31,090 shares during the last quarter. Institutional investors and hedge funds own 72.03% of the company’s stock.

Analysts Set New Price Targets

MSTR has been the topic of a number of research reports. Canaccord Genuity Group restated a “buy” rating and set a $1,810.00 price objective on shares of MicroStrategy in a research report on Thursday. Benchmark began coverage on MicroStrategy in a research note on Tuesday, February 27th. They issued a “buy” rating and a $990.00 price target on the stock. TD Cowen decreased their price target on 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. BTIG Research boosted their price target on MicroStrategy from $560.00 to $690.00 and gave the company a “buy” rating in a research note on Monday, December 11th. Finally, StockNews.com raised 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,074.00.

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.