Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) declared a dividend on Friday, October 23rd. Stockholders 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. This is a 25.0% decrease from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.04.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Up 0.7%
STRC stock opened at $99.36 on Friday. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 1 year low of $71.25 and a 1 year high of $100.42. The stock has a market cap of $2.57 billion, a P/E ratio of -22.08 and a beta of 3.25. The business has a fifty day moving average price of $98.16.
Insiders Place Their Bets
In other Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock news, Director Jarrod Patten sold 2,775 shares of the firm’s stock in a transaction dated 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 directly owned 28,406 shares of the company’s stock, valued at approximately $3,560,123.98. This trade represents a 8.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 12,150 shares of company stock valued at $1,635,392 over the last 90 days. 18.30% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock
A hedge fund recently bought a new position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Sterling Investment Advisors Ltd. purchased a new stake in shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,525 shares of the company’s stock, valued at approximately $214,000. 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
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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