Key Points
- Director Jarrod Patten sold 1,425 STRC shares at an average price of $167.33, generating $238,445.25 and reducing his direct holdings by 4.78% to 28,406 shares.
- STRC opened at $99.06, with a market capitalization of approximately $2.57 billion, a 52-week range of $71.25 to $100.42, and a beta of 3.25.
- The company declared a $0.50 dividend per share, payable October 15 to shareholders of record September 30; Sterling Investment Advisors also acquired 2,525 shares during the second quarter.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Get Free Report) Director Jarrod Patten sold 1,425 shares of the company's stock in a transaction on Monday, September 21st. The stock was sold at an average price of $167.33, for a total transaction of $238,445.25. Following the completion of the transaction, the director directly owned 28,406 shares in the company, valued at approximately $4,753,175.98. The trade was a 4.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Up 0.3%
NASDAQ:STRC opened at $99.06 on Wednesday. The company has a market capitalization 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. The company's fifty day simple moving average is $94.12.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Dividend Announcement
The firm also recently declared a dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, September 30th.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Sterling Investment Advisors Ltd. bought a new stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 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
(
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.
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