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.

A number of equities research analysts have issued reports on the company. BidaskClub upgraded MicroStrategy from a “sell” rating to a “hold” rating in a research note on Thursday, October 22nd. Citigroup increased their price target on MicroStrategy from $135.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Zacks Investment Research upgraded MicroStrategy from a “hold” rating to a “strong-buy” rating and set a $235.00 price target for the company in a research note on Wednesday. Finally, BWS Financial increased their price objective on shares of MicroStrategy from $200.00 to $230.00 and gave the company a “buy” rating in a report on Tuesday, November 17th. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $201.67.

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.

Featured Article: How to start trading in the forex market?

Receive News & Ratings for MicroStrategy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroStrategy and related companies with MarketBeat.com's FREE daily email newsletter.