MicroStrategy Incorporated (NASDAQ:MSTR) EVP Wei-Ming Shao Sells 1,000 Shares
MicroStrategy Incorporated (NASDAQ:MSTR) EVP Wei-Ming Shao sold 1,000 shares of the stock in a transaction on Wednesday, November 18th. The stock was sold at an average price of $220.68, for a total value of $220,680.00. Following the completion of the sale, the executive vice president now owns 1,000 shares of the company’s stock, valued at approximately $220,680. The sale was disclosed in a filing with the SEC, which is accessible through this link.
MSTR opened at $222.11 on Friday. The firm has a 50-day simple moving average of $173.99 and a two-hundred day simple moving average of $140.60. MicroStrategy Incorporated has a 52 week low of $90.00 and a 52 week high of $227.00. The company has a market capitalization of $2.06 billion, a PE ratio of 1,850.92 and a beta of 0.72.
Several institutional investors and hedge funds have recently added to or reduced their stakes in MSTR. O Shaughnessy Asset Management LLC boosted its holdings in shares of MicroStrategy by 4,444.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 409 shares of the software maker’s stock valued at $62,000 after purchasing an additional 400 shares during the last quarter. Pacer Advisors Inc. bought a new position in shares of MicroStrategy in the 2nd quarter valued at about $98,000. Bank of Montreal Can lifted its holdings in shares of MicroStrategy by 345.0% in the 2nd quarter. Bank of Montreal Can now owns 930 shares of the software maker’s stock valued at $109,000 after acquiring an additional 721 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of MicroStrategy by 116.9% in the 2nd quarter. Assetmark Inc. now owns 1,078 shares of the software maker’s stock valued at $128,000 after acquiring an additional 581 shares during the last quarter. Finally, KBC Group NV bought a new position in shares of MicroStrategy in the 3rd quarter valued at about $137,000. 73.43% of the stock is owned by institutional investors and hedge funds.
MicroStrategy Company Profile
MicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy 2020, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users via hyperintelligence products, visualization and reporting capabilities, mobility features, and custom applications developed on the platform; analysts and data scientists with seamless access to trusted, governed data directly within their tools; and APIs and gateways, multiple deployment options, enterprise semantic graph, scalability, and security.
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