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. Shareholders of record on Monday, November 30th will be paid a dividend of $0.03 per share on Tuesday, December 1st. The ex-dividend date is Monday, November 30th.

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

NASDAQ:STRC opened at $99.36 on Monday. The firm’s 50-day simple moving average is $98.16. The company has a market capitalization of $2.57 billion, a PE ratio of -22.08 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.

Insider Transactions at Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

In other Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock news, Director Jarrod Patten sold 1,350 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $156.16, for a total value of $210,816.00. Following the sale, the director owned 28,406 shares in the company, valued at $4,435,880.96. This trade represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 10,200 shares of company stock valued at $1,443,356 over the last ninety days. 18.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

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 position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,525 shares of the company’s stock, valued at approximately $214,000. Institutional investors and hedge funds 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.