MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Trading Down 0.6% – Here’s Why

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK – Get Free Report) shares were down 0.6% during trading on Tuesday . The stock traded as low as $73.83 and last traded at $73.98. Approximately 53,716 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 168,073 shares. The stock had previously closed at $74.40.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Trading Up 0.7%

The firm has a fifty day simple moving average of $75.39 and a 200-day simple moving average of $79.93.

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MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th were issued a dividend of $2.00 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $8.00 annualized dividend and a yield of 10.9%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC acquired a new position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the 1st quarter worth $104,000. Captrust Financial Advisors lifted its holdings in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 53.8% during the 4th quarter. Captrust Financial Advisors now owns 4,391 shares of the company’s stock worth $346,000 after buying an additional 1,536 shares in the last quarter. Finally, Fiduciary Alliance LLC lifted its holdings in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 7.0% during the 4th quarter. Fiduciary Alliance LLC now owns 2,997 shares of the company’s stock worth $236,000 after buying an additional 197 shares in the last quarter.

MicroStrategy Incorporated is a global leader in enterprise analytics and business intelligence software. The company develops and markets a comprehensive analytics platform that enables organizations to visualize and analyze data from multiple sources, build interactive dashboards, and deliver insights through web and mobile applications. Its product suite includes on-premise and cloud-based offerings, designed to support large-scale deployments across a wide range of industries, from financial services and healthcare to retail and manufacturing.

Founded in 1989 by Chairman and co-founder Michael Saylor and co-founder Sanju Bansal, MicroStrategy has grown from a boutique software startup into an established public company.

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