MicroStrategy Inc (MSTR) Executive Chairman, 10% Owner Michael Saylor Sells 3,988 Shares
On March 20, 2024, Michael Saylor, the Executive Chairman and 10% Owner of MicroStrategy Inc (NASDAQ:MSTR), sold 3,988 shares of the company. The transaction was reported in a SEC Filing. Over the past year, Michael Saylor has sold a total of 245,000 shares of MicroStrategy Inc and has not made any purchases of the stock.
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 MicroStrategy 10, which provides interactive dashboards, scorecards, highly formatted reports, ad hoc query, thresholds and alerts, and automated report distribution.
The insider transaction history for MicroStrategy Inc shows a trend of insider selling, with 106 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, shares of MicroStrategy Inc were trading at $1,435.38, giving the company a market cap of $27.098 billion. The price-earnings ratio of the company stands at 56.75, which is higher than the industry median of 28.03 and also above the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 5.74, with a GF Value of $249.85, indicating that MicroStrategy Inc is significantly overvalued according to GuruFocus's valuation model.
The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, 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.
