Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Director Jarrod Patten Sells 2,775 Shares of Stock

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRCGet Free Report) 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 value of $347,790.75. Following the transaction, the director owned 28,406 shares in the company, valued at $3,560,123.98. The trade was a 8.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

Shares of NASDAQ STRC opened at $97.16 on Thursday. The firm has a market cap of $2.52 billion, a PE ratio of -21.59 and a beta of 3.25. The firm has a fifty day moving average of $89.44. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a fifty-two week low of $71.25 and a fifty-two week high of $100.42.

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

The company also recently announced a dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.50 dividend. The ex-dividend date is Monday, August 31st.

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

A hedge fund recently raised its position 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:STRCFree Report) by 198.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,530 shares of the company’s stock after acquiring 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. Hedge funds and other institutional investors own 26.02% of the company’s stock.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

(Get Free Report)

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company’s enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education).

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