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Notable Two Hundred Day Moving Average Cross - MSTR
Tuesday, October 2, 11:42 AM ET, by Market News Video Staff

In trading on Tuesday, shares of MicroStrategy Inc. (MSTR) crossed below their 200 day moving ...

Oversold Conditions For MicroStrategy (MSTR)
Tuesday, October 2, 4:25 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

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Wednesday, October 3, 8:01 AM ET, by Market News Video Staff

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MicroStrategy is Now Oversold (MSTR)
Wednesday, October 24, 12:52 PM ET, by Market News Video Staff

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Commit To Purchase MicroStrategy At $110, Earn 6.7% Annualized Using Options
Thursday, December 13, 1:27 PM ET, by Market News Video Staff

Investors eyeing a purchase of MicroStrategy Inc. (MSTR) stock, but cautious about paying the going ...

MSTR Trading Below Director's Recent Buy Price

By Market News Video Staff, Wednesday, August 14, 10:12 AM ET
Play Video: One Reason For Insiders to Buy


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There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on August 1, MicroStrategy Inc.'s Director, Leslie J. Rechan, invested $260,262.00 into 1,900 shares of MSTR, for a cost per share of $136.98. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

In trading on Wednesday, bargain hunters could buy shares of MicroStrategy Inc. (NASDAQ:MSTR) and achieve a cost basis even cheaper than Rechan, with shares changing hands as low as $136.66 per share. MicroStrategy Inc. shares are currently trading off about 1.4% on the day. The chart below shows the one year performance of MSTR shares, versus its 200 day moving average:

MicroStrategy Inc. Chart

Looking at the chart above, MSTR's low point in its 52 week range is $115.50 per share, with $152.375 as the 52 week high point — that compares with a last trade of $137.63. By comparison, below is a table showing the prices at which MSTR insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
08/01/2019 Leslie J. Rechan Director 1,900 $136.98 $260,262.00

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This Article's Word Cloud:   August   Back   Bargain   Bargains   Cheaper   Days   Director   Dollars   Insider   Insiders   Join   Leslie   Looking   MSTR   MicroStrategy   Offer   Price   Purchased   Rechan   Seven   Share   Shares   Special   Start   Street   Than   There   Title   Value   ValueForum   Wall   about   below   buying   chart   cost   hunters   insider   last   only   point   reason   share   shares   stock   that   their   trading   week   with
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