Michael J. Saylor Sells 5,000 Shares of MicroStrategy Incorporated (NASDAQ:MSTR) Stock

MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Michael J. Saylor sold 5,000 shares of MicroStrategy stock in a transaction dated Friday, April 19th. The stock was sold at an average price of $1,201.07, for a total transaction of $6,005,350.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, April 22nd, Michael J. Saylor sold 719 shares of MicroStrategy stock. The stock was sold at an average price of $1,338.20, for a total transaction of $962,165.80.
• On Wednesday, April 17th, Michael J. Saylor sold 2,482 shares of MicroStrategy stock. The shares were 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 transaction of $2,866,312.40.
• On Friday, April 12th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were 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 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 shares were 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 stock was sold at an average price of $1,638.91, for a total transaction 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 Price Performance

Shares of NASDAQ MSTR opened at $1,265.67 on Thursday. The firm has a 50-day simple moving average of $1,329.10 and a 200-day simple moving average of $797.33. The stock has a market capitalization of $21.48 billion, a price-to-earnings ratio of 44.91 and a beta of 2.89. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.01. MicroStrategy Incorporated has a 52 week low of $266.00 and a 52 week high of $1,999.99.

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

Institutional Investors Weigh In On MicroStrategy

Several hedge funds and other institutional investors have recently bought and sold shares of MSTR. National Bank of Canada FI increased its position in MicroStrategy by 4.7% during the third quarter. National Bank of Canada FI now owns 2,723 shares of the software maker’s stock worth $889,000 after purchasing an additional 123 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in MicroStrategy by 72.0% during the third quarter. Vontobel Holding Ltd. now owns 1,025 shares of the software maker’s stock worth $336,000 after buying an additional 429 shares during the period. CWM LLC boosted its stake in MicroStrategy by 22.6% during the third quarter. CWM LLC now owns 369 shares of the software maker’s stock worth $121,000 after buying an additional 68 shares during the period. IFP Advisors Inc boosted its stake in shares of MicroStrategy by 2.9% in the third quarter. IFP Advisors Inc now owns 1,513 shares of the software maker’s stock valued at $497,000 after purchasing an additional 42 shares during the period. Finally, RFG Advisory LLC boosted its stake in shares of MicroStrategy by 9.6% in the third quarter. RFG Advisory LLC now owns 2,588 shares of the software maker’s stock valued at $850,000 after purchasing an additional 226 shares during the period. 72.03% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MSTR has been the topic of a number of recent analyst reports. TD Cowen lowered 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 report on Wednesday, March 20th. BTIG Research increased their price objective on shares of MicroStrategy from $780.00 to $1,800.00 and gave the company a “buy” rating in a report on Friday, April 5th. Benchmark increased their price objective on shares of MicroStrategy from $990.00 to $1,875.00 and gave the company a “buy” rating in a report on Monday, April 8th. StockNews.com raised shares of MicroStrategy to a “sell” rating in a report on Monday, March 18th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $1,810.00 price objective on shares of MicroStrategy in a report on Thursday, March 28th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,473.00.

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.