Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) to Distribute Dividend of $0.03 on December 1st

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) announced a dividend on Saturday, October 24th. Investors of record on Monday, November 30th will be paid a dividend of $0.03 per share on Tuesday, December 1st. The ex-dividend date of this dividend is Monday, November 30th.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Performance

STRC stock opened at $99.36 on Monday. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 12 month low of $71.25 and a 12 month high of $100.42. The company has a market cap of $2.57 billion, a price-to-earnings ratio of -22.08 and a beta of 3.25. The firm has a 50-day moving average price of $98.16.

Insider Activity

In related news, Director Jarrod Patten sold 2,775 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $125.33, for a total transaction of $347,790.75. Following the sale, the director owned 28,406 shares of the company’s stock, valued at $3,560,123.98. This trade represents a 8.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 10,200 shares of company stock worth $1,443,356 in the last three months. 18.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

An institutional investor recently bought a new position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Sterling Investment Advisors Ltd. purchased a new stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,525 shares of the company’s stock, valued at approximately $214,000. Institutional investors own 26.02% of the company’s stock.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Company Profile

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.