Insider Selling: Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Director Sells $211,414.00 in Stock

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) Director Jarrod Patten sold 1,400 shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $151.01, for a total transaction of $211,414.00. Following the transaction, the director directly owned 28,406 shares in the company, valued at $4,289,590.06. This trade represents a 4.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Up 0.0%

Shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock traded up $0.02 during mid-day trading on Tuesday, hitting $99.90. The stock had a trading volume of 1,766,645 shares, compared to its average volume of 2,345,472. The firm’s 50-day simple moving average is $97.35. The company has a market cap of $2.59 billion, a price-to-earnings ratio of -22.20 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 12-month low of $71.25 and a 12-month high of $100.42.

Get Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock alerts:

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

The firm also recently disclosed a dividend, which will be paid on Sunday, November 15th. Investors of record on Saturday, October 31st will be issued a $0.50 dividend. The ex-dividend date is Friday, October 30th.

Institutional Investors Weigh In On Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

An institutional investor recently raised its stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC increased its holdings in shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Free Report) by 198.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,530 shares of the company’s stock after purchasing an additional 5,009 shares during the quarter. 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 reporting period. 26.02% of the stock is owned by hedge funds and other institutional investors.

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

(Get Free Report)

Strategy Inc, formerly known as MicroStrategy Incorporated, develops enterprise analytics and business intelligence software. Its platform helps organizations collect, analyze and visualize data for reporting, decision-making and operational planning. The company serves businesses and other institutions across a range of industries and geographic markets.

Strategy has also adopted a digital asset strategy centered on bitcoin. In addition to continuing its software operations, the company uses its corporate capital markets activities to acquire and hold bitcoin as a primary treasury reserve asset.

See Also

• Five stocks we like better than Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock
• A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
• Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
• Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
• Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs

Receive News & Ratings for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock and related companies with MarketBeat.com's FREE daily email newsletter.