MicroStrategy insiders keep dumping MSTR stock
MicroStrategy (MSTR) insiders have sold $40 million worth of stock over the last 90 days. Averaging more than one sale per business day over the last three months, insiders’ selling transactions outnumber their purchases 10 to one. Their sales have also been larger than any purchases, with about $40.3 million in sales versus $2.3 million in purchases per data from InsiderScreener. Sales of stock worth millions of dollars originated from decisions by the company’s vice president, chief financial officer, and director, among others. Many of their liquidations took advantage of MSTR at far higher prices than today. Indeed, insiders sold more than a dozen times above $400 per share . MicroStrategy director quietly dumps all his MSTR shares Read more: We made a dictionary of MicroStrategy’s invented terminology Insiders at MicroStrategy are selling Accountants marked some transactions with a planned sale code on Securities and Exchange Commission Form 4, indic...