MicroStrategy Incorporated (NASDAQ:MSTR) Chairman Sells $6,479,000.00 in Stock

→ Never use this word on your phone (FBI could be watching) (From Paradigm Press) (Ad)

MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) Chairman Michael J. Saylor sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $1,295.80, for a total value of $6,479,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Get MicroStrategy alerts:

Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving

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

On Monday, April 22nd, Michael J. Saylor sold 719 shares of MicroStrategy stock. The shares were sold at an average price of $1,338.20, for a total value of $962,165.80.
On Friday, April 19th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The shares were sold at an average price of $1,201.07, for a total value of $6,005,350.00.
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 value 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 value 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 value 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 value of $7,289,200.00.
On Monday, April 8th, Michael J. Saylor sold 5,000 shares of MicroStrategy stock. The stock was 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 stock was sold at an average price of $1,657.49, for a total value 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 value 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 value of $8,154,400.00.

MicroStrategy Trading Down 2.0 %

Ad Colonial Metals

The Gold Grab of the Century

When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.

That's why we have released our Free Precious Metals Investment Guide.

Shares of MSTR stock traded down $25.26 during trading hours on Thursday, reaching $1,240.41. The company had a trading volume of 768,675 shares, compared to its average volume of 2,155,917. The company has a 50 day moving average of $1,339.55 and a 200 day moving average of $800.40. 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 cap of $21.05 billion, a price-to-earnings ratio of 44.02 and a beta of 2.89. MicroStrategy Incorporated has a 1-year low of $266.00 and a 1-year high of $1,999.99.

All In: Is MicroStrategy Overleveraging Its Future on Bitcoin?

MicroStrategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The software maker reported $5.62 earnings per share for the quarter. The company had revenue of $124.48 million for the quarter, compared to the consensus estimate of $134.90 million. MicroStrategy had a return on equity of 42.81% and a net margin of 86.47%.

Institutional Trading of MicroStrategy

Large investors have recently made changes to their positions in the company. ST Germain D J Co. Inc. bought a new position in MicroStrategy during the 1st quarter worth about $29,000. Principal Securities Inc. bought a new position in MicroStrategy during the 4th quarter worth about $31,000. Harvest Fund Management Co. Ltd increased its holdings in MicroStrategy by 307.7% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 53 shares of the software maker's stock worth $33,000 after purchasing an additional 40 shares in the last quarter. Rise Advisors LLC increased its holdings in MicroStrategy by 233.3% during the 1st quarter. Rise Advisors LLC now owns 20 shares of the software maker's stock worth $34,000 after purchasing an additional 14 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC bought a new position in MicroStrategy during the 3rd quarter worth about $37,000. Institutional investors own 72.03% of the company's stock.

Analyst Upgrades and Downgrades

Bitcoin's soaring rally lifts several crypto-stocks

Several brokerages have recently commented on MSTR. Canaccord Genuity Group reissued a "buy" rating and issued a $1,810.00 target price on shares of MicroStrategy in a report on Thursday, March 28th. TD Cowen reduced their price objective on 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 upped their price objective on MicroStrategy from $780.00 to $1,800.00 and gave the stock a "buy" rating in a report on Friday, April 5th. StockNews.com raised MicroStrategy to a "sell" rating in a report on Monday, March 18th. Finally, Benchmark reaffirmed a "buy" rating and set a $1,875.00 price objective on shares of MicroStrategy in a report on Thursday. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $1,473.00.

Get Our Latest Analysis on MSTR

MicroStrategy Company Profile

(Get Free Report)

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.

Should you invest $1,000 in MicroStrategy right now?

Before you consider MicroStrategy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MicroStrategy wasn't on the list.

While MicroStrategy currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report