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

MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) Chairman Michael J. Saylor sold 5,000 shares of MicroStrategy stock in a transaction on Friday, April 19th. The shares were sold at an average price of $1,201.07, for a total transaction of $6,005,350.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• 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 transaction 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 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 value 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 shares were sold at an average price of $1,630.88, for a total value of $8,154,400.00.
• On Wednesday, March 27th, Michael J. Saylor sold 1,140 shares of MicroStrategy stock. The shares were sold at an average price of $1,951.33, for a total value of $2,224,516.20.
• 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 transaction of $1,502,288.73.

MicroStrategy Stock Up 12.8 %

Shares of MicroStrategy stock traded up $149.90 during trading on Monday, reaching $1,324.01. 1,923,358 shares of the company traded hands, compared to its average volume of 2,203,706. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market capitalization of $22.47 billion, a PE ratio of 46.98 and a beta of 2.89. The company has a 50 day moving average price of $1,306.13 and a 200-day moving average price of $787.00. MicroStrategy Incorporated has a 1-year low of $266.00 and a 1-year high of $1,999.99.

MicroStrategy (NASDAQ:MSTR - Get Free Report) 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.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. TD Cowen dropped their target price on shares of MicroStrategy from $1,560.00 to $1,450.00 and set an "outperform" rating for the company in a report on Wednesday, March 20th. StockNews.com upgraded shares of MicroStrategy to a "sell" rating in a research report on Monday, March 18th. BTIG Research boosted their target price on shares of MicroStrategy from $780.00 to $1,800.00 and gave the stock a "buy" rating in a research note on Friday, April 5th. Benchmark increased their price target on MicroStrategy from $990.00 to $1,875.00 and gave the company a "buy" rating in a research note on Monday, April 8th. Finally, Canaccord Genuity Group reissued a "buy" rating and set a $1,810.00 price objective on shares of MicroStrategy in a report on Thursday, March 28th. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company's stock. According to data from MarketBeat, MicroStrategy currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,473.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MSTR. Rise Advisors LLC grew its position in MicroStrategy by 233.3% during the first quarter. Rise Advisors LLC now owns 20 shares of the software maker's stock valued at $34,000 after buying an additional 14 shares during the period. ST Germain D J Co. Inc. purchased a new position in MicroStrategy in the first quarter valued at about $29,000. CWM LLC grew its position in shares of MicroStrategy by 7.3% during the 4th quarter. CWM LLC now owns 396 shares of the software maker's stock valued at $250,000 after acquiring an additional 27 shares during the period. Signaturefd LLC increased its position in MicroStrategy by 85.3% in the fourth quarter. Signaturefd LLC now owns 63 shares of the software maker's stock worth $40,000 after buying an additional 29 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of MicroStrategy by 30.7% during the 4th quarter. Parallel Advisors LLC now owns 132 shares of the software maker's stock valued at $83,000 after buying an additional 31 shares during the last quarter. 72.03% of the stock is owned by institutional investors.

MicroStrategy Company Profile

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.