MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Trading Down 0.7% – Time to Sell?

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) fell 0.7% during trading on Friday . The company traded as low as $85.51 and last traded at $86.14. 130,378 shares were traded during mid-day trading, a decline of 12% from the average session volume of 148,031 shares. The stock had previously closed at $86.76.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Price Performance

The business has a 50 day moving average price of $83.51 and a 200 day moving average price of $94.90.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) last issued its quarterly earnings data on Tuesday, February 1st. The company reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $131.32 million for the quarter.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a $2.00 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $8.00 annualized dividend and a dividend yield of 9.3%.

Institutional Investors Weigh In On MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock

Several large investors have recently modified their holdings of the business. Fiduciary Alliance LLC bought a new position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the second quarter valued at approximately $269,000. Farther Finance Advisors LLC acquired a new position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the second quarter worth $38,000. Hartline Investment Corp increased its stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 559.0% in the 2nd quarter. Hartline Investment Corp now owns 69,619 shares of the company’s stock valued at $8,425,000 after buying an additional 59,055 shares during the last quarter. King Wealth Management Group acquired a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the 2nd quarter worth about $261,000. Finally, ORG Wealth Partners LLC bought a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the 3rd quarter valued at about $86,000.

MicroStrategy Incorporated is a global leader in enterprise analytics and business intelligence software. The company develops and markets a comprehensive analytics platform that enables organizations to visualize and analyze data from multiple sources, build interactive dashboards, and deliver insights through web and mobile applications. Its product suite includes on-premise and cloud-based offerings, designed to support large-scale deployments across a wide range of industries, from financial services and healthcare to retail and manufacturing.

Founded in 1989 by Chairman and co-founder Michael Saylor and co-founder Sanju Bansal, MicroStrategy has grown from a boutique software startup into an established public company.