Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Declares Dividend of $0.03

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) declared a dividend on Saturday, October 24th. Shareholders of record on Monday, November 30th will be given a dividend of $0.03 per share on Tuesday, December 1st. The ex-dividend date of this dividend is Monday, November 30th.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Up 0.7%

Shares of NASDAQ STRC traded up $0.71 during mid-day trading on Friday, reaching $99.36. The company had a trading volume of 1,324,754 shares, compared to its average volume of 2,322,899. The stock has a market capitalization of $2.57 billion, a P/E ratio of -22.08 and a beta of 3.25. The business has a fifty day simple moving average of $98.16. 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 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 1,350 shares of the stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $156.16, for a total value of $210,816.00. Following the completion of the sale, the director owned 28,406 shares in the company, valued at $4,435,880.96. This represents a 4.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have sold 12,150 shares of company stock valued at $1,635,392. 18.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC grew its position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Free Report) by 198.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,530 shares of the company’s stock after purchasing 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 owned by institutional investors.

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.

Further Reading

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

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