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 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 Price Performance
Shares of STRC opened at $99.36 on Friday. The firm has a market cap of $2.57 billion, a PE ratio of -22.08 and a beta of 3.25. 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. The stock has a 50 day simple moving average of $98.16.
Insider Activity
In other news, 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 transaction of $347,790.75. Following the completion of the sale, the director owned 28,406 shares in the company, valued at approximately $3,560,123.98. This represents a 8.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 quarter. 18.30% of the stock is currently owned by corporate insiders.
Institutional Trading of 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) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,525 shares of the company’s stock, valued at approximately $214,000. 26.02% of the stock is owned by institutional investors.
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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