MicroStrategy Inc (MSTR, Financial), a provider of enterprise analytics and mobility software, has reported an insider sale according to a recent SEC filing. Executive Chairman and 10% Owner Michael Saylor sold 5,000 shares of the company on April 4, 2024.
Michael Saylor’s transaction involved the sale of shares at a price of $1696.01 each, resulting in a total value of $8,480,050. This sale has contributed to the insider's total sales over the past year, which now amount to 290,000 shares. It is important to note that the insider has not made any share purchases in the same period.
The insider transaction history for MicroStrategy Inc (MSTR) indicates a pattern of insider selling, with 121 insider sells and no insider buys over the past year.
Shares of MicroStrategy Inc were trading at $1696.01 on the day of the sale, giving the company a market capitalization of $24.417 billion. The price-earnings ratio stands at 51.06, which is above both the industry median of 26.83 and the company's historical median price-earnings ratio.
The stock's valuation, when compared to the GuruFocus Value (GF Value) of $248.98, suggests that MicroStrategy Inc is significantly overvalued with a price-to-GF-Value ratio of 6.81. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent insider selling activity at MicroStrategy Inc.
The GF Value image provides a visual representation of the stock's current valuation in relation to its intrinsic value estimate.
For investors monitoring insider behaviors, the recent sale by Executive Chairman Michael Saylor may be of interest, especially in the context of the company's stock valuation and market performance.
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.
