Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Microstrategy Inc shares valued at $9,027,276 were sold by GRAHAM STEPHEN X on Nov 21 ’24. At $451.36 per share, GRAHAM STEPHEN X sold 20,000 shares. The insider’s holdings dropped to 6,970 shares worth approximately $2.35 million following the completion of this transaction.
Also, STEPHEN GRAHAM purchased 20,000 shares, netting a total of over 9,027,246 in proceeds.
Before that, Montgomery Jeanine had sold 46 shares from its account. In a trade valued at $16,540, the SVP & CAO traded Microstrategy Inc shares for $359.56 each. Upon closing the transaction, the insider’s holdings decreased to 46 shares, worth approximately $2.18 million.
As published in their initiating research note from Mizuho on January 29, 2025, Microstrategy Inc [MSTR] has been an Outperform and the price target has been revised to $515. Analysts at Maxim Group resumed the stock at ‘”a Buy”‘ outlook in a report released in late October. As of September 06, 2024, Barclays has initiated its “an Overweight” rating for MSTR. Earlier on August 21, 2024, Cantor Fitzgerald initiated its rating. Their recommendation was “an Overweight” for MSTR stock.
Analyzing MSTR Stock Performance
During the last five days, there has been a drop of approximately -1.33%. Over the course of the year, Microstrategy Inc shares have jumped approximately 16.26%. Shares of the company reached a 52-week high of $404.42 on 01/21/25 and a 52-week low of $292.32 on 01/02/25. A 50-day SMA is recorded $361.55, while a 200-day SMA reached $217.42. Nevertheless, trading volume fell to 10.75 million shares from 12.49 million shares the previous day.
Support And Resistance Levels for Microstrategy Inc (MSTR)
According to the 24-hour chart, there is a support level at 329.38, which, if violated, would cause prices to drop to 322.06. In the upper region, resistance lies at 348.19. The next price resistance is at 359.68. RSI (Relative Strength Index) is 46.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -12.31, which suggests the price will decrease in the coming days. Percent R is at 70.90%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
