Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Announces Dividend Increase – $0.04 Per Share

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) declared a dividend on Tuesday, October 20th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.04 per share on Tuesday, December 1st. The ex-dividend date is Monday, November 30th. This is a 33.3% increase from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.03.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Price Performance

Shares of STRC traded up $0.52 during trading hours on Wednesday, hitting $99.22. The company had a trading volume of 851,510 shares, compared to its average volume of 2,329,724. The company has a market cap of $2.57 billion, a P/E ratio of -22.05 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a one year low of $71.25 and a one year high of $100.42. The business’s fifty day moving average price is $97.93.

Insider Transactions at Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

In other Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock news, Director Jarrod Patten sold 2,775 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $125.33, for a total value of $347,790.75. Following the completion of the transaction, the director directly owned 28,406 shares in the company, valued at approximately $3,560,123.98. The trade was a 8.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold a total of 14,100 shares of company stock valued at $1,815,669 in the last 90 days. 18.30% of the stock is owned by insiders.

Institutional Trading of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

An institutional investor recently bought a new position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Sterling Investment Advisors Ltd. purchased a new stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 2,525 shares of the company’s stock, valued at approximately $214,000. 26.02% of the stock is currently owned by institutional investors and hedge funds.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

(Get Free Report)

Strategy Inc, formerly known as MicroStrategy Incorporated, develops enterprise analytics and business intelligence software. Its platform is designed to help organizations access, analyze, visualize and distribute data for reporting, decision-making and operational oversight. The company serves business customers across a range of industries and supports deployments through cloud-based and other enterprise delivery models.

Strategy has also established a significant digital asset treasury strategy centered on bitcoin.

See Also

Dividend History for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC)

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