MicroStrategy Inc Executive Chairman Sells Company Shares
Executive Chairman and 10% Owner Michael Saylor has sold 200 shares of MicroStrategy Inc (NASDAQ:MSTR), according to a recent SEC Filing. The transaction occurred on 2024-03-14, with the shares being sold at a price of $1722.48 each.
MicroStrategy Inc is a provider of enterprise analytics and mobility software. The company develops software that enables organizations to analyze internal and external data to make business decisions and to develop mobile applications. Its core product is a platform that delivers a suite of analytical and mobile applications.
Over the past year, the insider has sold a total of 225,000 shares and has not made any purchases. The recent sale is part of a trend observed over the past year, where there have been no insider buys and 97 insider sells for the company.
On the day of the insider's recent sale, shares of MicroStrategy Inc were trading at $1722.48, giving the company a market capitalization of $30.211 billion. The price-earnings ratio of the company stands at 63.25, which is above both the industry median of 27.88 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 6.86, with a GF Value of $251.22, indicating that MicroStrategy Inc is significantly overvalued according to GuruFocus's valuation model. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
