On February 21, 2024, Michael Saylor, Executive Chairman and 10% Owner of MicroStrategy Inc (MSTR, Financial), sold 5,000 shares of the company. The transaction was reported in a SEC Filing.
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 a platform for analytics and mobility.
Over the past year, the insider has sold a total of 150,000 shares and has not made any purchases. The insider transaction history for MicroStrategy Inc shows a pattern of selling, with 56 insider sells and no insider buys over the past year.
On the day of the sale, shares of MicroStrategy Inc were trading at $675.84, giving the company a market cap of $12.100 billion. The price-earnings ratio stood at 28.01, slightly above the industry median of 27.12 but below the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a share price of $675.84 and a GF Value of $256.25, MicroStrategy Inc is currently significantly overvalued, with a price-to-GF-Value ratio of 2.64.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by 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.
