Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Get Free Report) Director Jarrod Patten sold 1,850 shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $130.00, for a total transaction of $240,500.00. Following the completion of the transaction, the director owned 28,406 shares in the company, valued at approximately $3,692,780. This trade represents a 6.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Price Performance
Shares of NASDAQ STRC opened at $97.10 on Tuesday. The stock has a market cap of $2.51 billion, a PE ratio of -21.58 and a beta of 3.25. The company's fifty day moving average is $89.97. 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 declared a dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend 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 stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC raised its position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Free Report) by 198.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,530 shares of the company's stock after purchasing 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 quarter. Institutional investors own 26.02% of the company's stock.
About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock
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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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