MSTR’s Graham sells out at top
Posted: Nov 27, 2024
- Director Stephen X. Graham sold 75% of his bags on November 21 for $9 million
- Sold 20,000 shares of $MSTR at $451 each
- Source: Marketbeat.com
- MicroStrategy Incorporated (MSTR) director Stephen X. Graham sold 20,000 shares of stock for $451.36 each, totaling $9,027,200.00
- The sale represented a 74.16% decrease in Graham's position in the company
- MicroStrategy stock traded at $403.45 on Monday with a market capitalization of $81.76 billion
- The company reported negative earnings in the last quarter and a decrease in revenue compared to the previous year
- Several analysts have issued ratings and price target updates on MicroStrategy, with a consensus rating of "Moderate Buy" and a price target of $479.25
- Institutional investors have seen significant changes in their holdings of MicroStrategy stock, with some hedge funds increasing their stakes by significant percentages
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - Comments reflect skepticism and criticism about 'bag holders' and question the timing of the selling, even though there are remarks on selling at the top and investment humor Summarized comments: - Discussion about the selling at the top by a significant figure - Mention of MSTR shareholders appearing as bag holders - Some comments joke about the ideal strategy being to sell at the peak - References to familiar investing anecdotes and humor Stock tickers discussed: $MSTR
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