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MicroStrategy Inc (MSTR) Executive Chairman, 10% Owner Michael Saylor Sells Company Shares

On April 15, 2024, Michael Saylor, the Executive Chairman and 10% Owner of MicroStrategy Inc (NASDAQ:MSTR), sold 1,869 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, over the past year, the insider has sold a total of 325,000 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's offerings include MicroStrategy Analytics, MicroStrategy Mobile, and Usher Security, which are designed to allow businesses to deploy sophisticated analytics and mobility solutions at scale.

The insider transaction history for MicroStrategy Inc indicates a trend of insider sales, with 132 insider sells and no insider buys over the past year.

MicroStrategy Inc (MSTR) Executive Chairman, 10% Owner Michael Saylor Sells Company Shares
MicroStrategy Inc (MSTR) Executive Chairman, 10% Owner Michael Saylor Sells Company Shares

On the date of the insider's recent sale, shares of MicroStrategy Inc were trading at $1,406.19, giving the company a market cap of $22.117 billion. The price-earnings ratio of the company stood at 44.50, which is above both the industry median of 26.42 and the company's historical median price-earnings ratio.

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The stock's price-to-GF-Value ratio was 5.7, with a GF Value of $246.75, indicating that MicroStrategy Inc was significantly overvalued according to GuruFocus's valuation.

MicroStrategy Inc (MSTR) Executive Chairman, 10% Owner Michael Saylor Sells Company Shares
MicroStrategy Inc (MSTR) Executive Chairman, 10% Owner Michael Saylor Sells Company Shares

The GF Value is determined by 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.

This article first appeared on GuruFocus.