Insider Selling: Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Director Sells $113,164.50 in Stock

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Director Jarrod Patten sold 925 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $122.34, for a total transaction of $113,164.50. Following the transaction, the director directly owned 28,406 shares in the company, valued at $3,475,190.04. The trade was a 3.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

STRC stock opened at $97.33 on Friday. The stock has a market cap of $2.52 billion, a PE ratio of -21.63 and a beta of 3.25. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a one year low of $71.25 and a one year high of $100.42. The stock has a 50 day moving average price of $89.80.

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

The firm also recently declared a dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, August 31st.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC increased its stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) by 198.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,530 shares of the company’s stock after acquiring 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 SEC filing. 26.02% of the stock is currently owned by institutional investors.

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

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).