Insider Selling: Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Director Sells 1,425 Shares of Stock

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRCGet Free Report) Director Jarrod Patten sold 1,425 shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $167.33, for a total value of $238,445.25. Following the sale, the director directly owned 28,406 shares in the company, valued at approximately $4,753,175.98. This trade represents a 4.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Up 0.3%

STRC traded up $0.28 on Tuesday, hitting $99.06. 1,521,571 shares of the stock traded hands, compared to its average volume of 2,411,891. The business has a fifty day moving average of $93.90. The company has a market cap of $2.57 billion, a price-to-earnings ratio of -22.01 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 52 week low of $71.25 and a 52 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 Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.50 dividend. The ex-dividend date is Wednesday, September 30th.

Institutional Investors Weigh In On Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

An institutional investor recently raised its position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC increased its holdings in shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRCFree Report) by 198.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 at the end of the most recent reporting period. 26.02% of the stock is owned by institutional investors.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Company Profile

(Get Free Report)

Strategy Inc, formerly known as MicroStrategy Incorporated, develops enterprise analytics and business intelligence software. Its platform helps organizations analyze data, create dashboards and reports, and support decision-making across areas such as finance, operations, sales, and marketing. The company serves enterprise customers in the United States and internationally through direct sales and partner channels.

In addition to its software business, Strategy has adopted a bitcoin-focused treasury strategy and holds bitcoin as a primary reserve asset.

Further Reading

Insider Buying and Selling by Quarter for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC)

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