Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) to Issue Dividend of $0.04 on December 1st

by · The Markets Daily

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Get Free Report) declared a dividend on Tuesday, October 20th. Shareholders of record on Monday, November 30th will be paid a dividend of $0.04 per share on Tuesday, December 1st. The ex-dividend date is Monday, November 30th. This is a 33.3% increase from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous dividend of $0.03.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Up 0.5%

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock opened at $99.20 on Thursday. 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 stock has a 50 day moving average of $98.01. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of -22.04 and a beta of 3.25.

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

In other news, Director Jarrod Patten sold 1,350 shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $156.16, for a total transaction of $210,816.00. Following the completion of the transaction, the director directly owned 28,406 shares of the company’s stock, valued at $4,435,880.96. The trade was a 4.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have sold 14,100 shares of company stock worth $1,815,669. 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

A hedge fund recently bought a new position in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Sterling Investment Advisors Ltd. purchased a new position in shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,525 shares of the company’s stock, valued at approximately $214,000. 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 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.

Featured Articles