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Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Director Sells $391,140.00 in Stock

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Key Points

  • Director Jarrod Patten sold 2,250 shares at an average price of $173.84 for a total of $391,140, leaving him with 28,000 shares (≈$4.87M) and representing a 7.44% reduction in his ownership, as disclosed in an SEC filing.
  • Shares traded up $0.09 (0.1%) to $99.95 on Monday with volume of 2.63M versus an average of 2.23M; the stock has a market cap of $2.59B, a P/E of -22.21, beta 3.25, and a 52‑week range of $90.52–$100.42.
  • The company paid a dividend of $0.9583 per share on April 30, with the record and ex-dividend date of April 15.
  • Five stocks we like better than Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - Get Free Report) Director Jarrod Patten sold 2,250 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $173.84, for a total value of $391,140.00. Following the transaction, the director owned 28,000 shares of the company's stock, valued at approximately $4,867,520. This trade represents a 7.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Up 0.1%

Shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock traded up $0.09 on Monday, hitting $99.95. 2,628,266 shares of the company's stock traded hands, compared to its average volume of 2,227,261. The stock has a market cap of $2.59 billion, a P/E ratio of -22.21 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 52-week low of $90.52 and a 52-week high of $100.42.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th were paid a dividend of $0.9583 per share. The ex-dividend date was Wednesday, April 15th.

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

(Get Free Report)

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company's enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education).

Further Reading

Insider Buying and Selling by Quarter for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC)

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