Key Points
- Oasis Management Co Ltd. sold 29,788 shares of Stratus Properties on April 16 at an average price of $30.07 for about $895,725, reducing its stake by 2.69% to 1,076,064 shares (≈$32.36M).
- The sale is part of a string of April dispositions — roughly 58,000 shares sold across multiple trades — totaling about $1.75 million, signaling sustained insider selling activity.
- Stratus (NASDAQ:STRS) trades near $29.90 with a market cap of $238.6M and a 52-week range of $15.10–$32.93, while analysts have an overall "Hold" consensus after mixed recent rating changes.
Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) major shareholder Oasis Management Co Ltd. sold 10,243 shares of the firm's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $30.30, for a total value of $310,362.90. Following the transaction, the insider directly owned 1,105,852 shares in the company, valued at $33,507,315.60. This trade represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
Oasis Management Co Ltd. also recently made the following trade(s):
- On Thursday, April 16th, Oasis Management Co Ltd. sold 29,788 shares of Stratus Properties stock. The shares were sold at an average price of $30.07, for a total value of $895,725.16.
- On Wednesday, April 8th, Oasis Management Co Ltd. sold 3,148 shares of Stratus Properties stock. The shares were sold at an average price of $30.08, for a total value of $94,691.84.
- On Tuesday, April 7th, Oasis Management Co Ltd. sold 9,400 shares of Stratus Properties stock. The shares were sold at an average price of $30.17, for a total value of $283,598.00.
- On Thursday, April 2nd, Oasis Management Co Ltd. sold 5,417 shares of Stratus Properties stock. The stock was sold at an average price of $30.11, for a total value of $163,105.87.
Stratus Properties Price Performance
Shares of Stratus Properties stock opened at $29.90 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.99 and a quick ratio of 3.99. The business's 50 day simple moving average is $30.23 and its two-hundred day simple moving average is $25.37. The stock has a market capitalization of $238.60 million, a P/E ratio of 20.48 and a beta of 1.20. Stratus Properties Inc. has a one year low of $15.10 and a one year high of $32.93.
Stratus Properties (NASDAQ:STRS - Get Free Report) last announced its quarterly earnings data on Friday, March 27th. The financial services provider reported $2.41 earnings per share for the quarter. The firm had revenue of $8.30 million during the quarter. Stratus Properties had a return on equity of 3.66% and a net margin of 40.06%.
Hedge Funds Weigh In On Stratus Properties
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC lifted its stake in Stratus Properties by 11.1% in the second quarter. Geode Capital Management LLC now owns 159,286 shares of the financial services provider's stock worth $3,008,000 after acquiring an additional 15,896 shares during the period. Hodges Capital Management Inc. boosted its holdings in Stratus Properties by 9.3% in the fourth quarter. Hodges Capital Management Inc. now owns 159,770 shares of the financial services provider's stock valued at $3,863,000 after acquiring an additional 13,600 shares in the last quarter. Nuveen LLC purchased a new position in Stratus Properties during the 4th quarter valued at $206,000. Vanguard Group Inc. increased its position in Stratus Properties by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 430,395 shares of the financial services provider's stock valued at $9,107,000 after purchasing an additional 7,994 shares during the period. Finally, Tectonic Advisors LLC raised its holdings in Stratus Properties by 12.4% in the 4th quarter. Tectonic Advisors LLC now owns 59,147 shares of the financial services provider's stock worth $1,430,000 after purchasing an additional 6,512 shares in the last quarter. Institutional investors own 61.63% of the company's stock.
Analyst Ratings Changes
Several brokerages have weighed in on STRS. Weiss Ratings raised shares of Stratus Properties from a "sell (d)" rating to a "hold (c-)" rating in a research report on Friday, April 10th. Wall Street Zen lowered shares of Stratus Properties from a "buy" rating to a "hold" rating in a report on Sunday, April 12th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold".
Check Out Our Latest Stock Analysis on STRS
Stratus Properties Company Profile
(
Get Free Report)
Stratus Properties, Inc (NASDAQ: STRS) is a publicly traded real estate investment and management company focused on acquiring, owning and operating single-tenant commercial properties in the United States. The company targets net‐lease assets in the office, industrial and retail sectors, seeking long-term, creditworthy tenants under triple-net leases that transfer property-related expenses to lessees. Stratus Properties employs a disciplined investment strategy designed to generate stable, risk-adjusted returns for its shareholders.
Since its initial public offering in 2014, Stratus Properties has built a diversified portfolio of properties across major metropolitan and secondary markets.
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