Key Points
- Director Jarrod Patten sold 4,750 STRC shares at an average of $141, totaling $669,750. After the sale, he directly owned 28,406 shares, a 14.33% reduction in his stake.
- STRC announced a $0.03 dividend per share, payable November 24 to shareholders of record on November 23.
- Ethos Financial Group increased its STRC holdings by 198.7% in the first quarter to 7,530 shares; institutional investors own 26.02% of the stock.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Get Free Report) Director Jarrod Patten sold 4,750 shares of the stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $141.00, for a total value of $669,750.00. Following the sale, the director directly owned 28,406 shares of the company's stock, valued at $4,005,246. The trade was a 14.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Performance
STRC opened at $99.84 on Friday. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a one year low of $71.25 and a one year high of $100.42. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of -22.19 and a beta of 3.25. The stock's 50 day moving average price is $98.83 and its 200-day moving average price is $95.57.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Tuesday, November 24th. Investors of record on Monday, November 23rd will be issued a $0.03 dividend. The ex-dividend date of this dividend is Monday, November 23rd.
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 lifted its stake in shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Free Report) by 198.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,530 shares of the company's stock after acquiring 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 reporting period. 26.02% of the stock is currently owned by institutional investors.
Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Company Profile
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Get Free Report)
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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