Key Points
- Director sale: Jarrod Patten sold 2,775 STRC shares for approximately $347,791 at an average price of $125.33, reducing his direct ownership by 8.90% to 28,406 shares.
- Dividend declared: STRC announced a $0.50-per-share dividend payable September 15 to shareholders of record as of August 31.
- Institutional activity: Ethos Financial Group increased its STRC stake by 198.7% during the first quarter, while institutional investors collectively owned 26.02% of the company.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Get Free Report) Director Jarrod Patten sold 925 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $122.34, for a total value of $113,164.50. Following the transaction, the director owned 28,406 shares in the company, valued at $3,475,190.04. This represents a 3.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Up 0.0%
STRC opened at $97.16 on Thursday. The firm's fifty day moving average is $89.44. 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. The stock has a market capitalization of $2.52 billion, a P/E ratio of -21.59 and a beta of 3.25.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Announces Dividend
The business also recently announced a dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.50 per share. The ex-dividend date is Monday, August 31st.
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 boosted its stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Free Report) by 198.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,530 shares of the company's stock after buying 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 quarter. Hedge funds and other institutional investors own 26.02% of the company's stock.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Company Profile
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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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