Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) announced a dividend on Tuesday, October 20th. Shareholders of record on Monday, November 30th will be given a dividend of $0.04 per share on Tuesday, December 1st. The ex-dividend date of this dividend 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 Trading Up 0.5%
NASDAQ:STRC traded up $0.52 during trading hours on Wednesday, reaching $99.23. The stock had a trading volume of 810,932 shares, compared to its average volume of 2,329,329. The firm has a market capitalization of $2.57 billion, a PE ratio of -22.05 and a beta of 3.25. The stock has a 50 day moving average of $97.93. 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.
Insider Activity at Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock
In other news, Director Jarrod Patten sold 2,775 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $125.33, for a total transaction of $347,790.75. Following the completion of the transaction, the director owned 28,406 shares in the company, valued at approximately $3,560,123.98. This represents a 8.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 14,100 shares of company stock worth $1,815,669. 18.30% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock
A hedge fund recently raised its stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC boosted its position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Free Report) by 198.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm 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 as of its most recent SEC filing. Institutional investors and hedge funds own 26.02% of the company’s stock.
About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock
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.
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