Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) CFO Sells $3,925,451.26 in Stock

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRCGet Free Report) CFO Andrew Kang sold 33,062 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.73, for a total transaction of $3,925,451.26. Following the completion of the transaction, the chief financial officer directly owned 68,733 shares of the company’s stock, valued at approximately $8,160,669.09. The trade was a 32.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Andrew Kang also recently made the following trade(s):

  • On Tuesday, May 19th, Andrew Kang sold 5,597 shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. The shares were sold at an average price of $165.78, for a total transaction of $927,870.66.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Down 2.1%

Shares of NASDAQ:STRC traded down $2.02 during trading on Friday, reaching $93.40. The company’s stock had a trading volume of 7,484,993 shares, compared to its average volume of 2,607,115. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 12 month low of $90.38 and a 12 month high of $100.42. The company has a market cap of $2.42 billion, a price-to-earnings ratio of -20.76 and a beta of 3.25.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.9583 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date of this dividend is Monday, June 15th. This is a positive change from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous monthly dividend of $0.96.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC lifted its holdings in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRCFree Report) by 198.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,530 shares of the company’s stock after acquiring an additional 5,009 shares during the period. Ethos Financial Group LLC’s holdings in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock were worth $753,000 at the end of the most recent quarter. 26.02% of the stock is currently owned by institutional investors and hedge funds.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Company Profile

(Get Free Report)

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company’s enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education).

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