Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Shares Set to Pay Dividend of $0.03

Key Points

• STRC declared a $0.03-per-share dividend, payable December 1 to shareholders of record on November 30; the ex-dividend date is also November 30.
• Shares opened at $99.36 and were up 0.7%, trading near their 52-week high of $100.42 and 50-day moving average of $98.16.
• The preferred stock has a $2.57 billion market capitalization, a beta of 3.25 and a one-year trading range of $71.25 to $100.42.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Get Free Report) declared a dividend on Saturday, October 24th. Stockholders of record on Monday, November 30th will be given 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

NASDAQ STRC opened at $99.36 on Friday. The firm has a 50 day moving average price of $98.16. The stock has a market capitalization of $2.57 billion, a P/E ratio of -22.08 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 1-year low of $71.25 and a 1-year high of $100.42.

Insider Buying and Selling

In other Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock 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 value of $347,790.75. Following the transaction, the director owned 28,406 shares in the company, valued at approximately $3,560,123.98. This trade represents a 8.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last three months, insiders sold 12,150 shares of company stock valued at $1,635,392. 18.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

An institutional investor recently raised its stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC grew its holdings in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Free Report) by 198.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,530 shares of the company's stock after buying 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 as of its most recent filing with the Securities & Exchange Commission. 26.02% of the stock is currently owned by institutional investors and hedge funds.

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.

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