Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) CEO Phong Le Buys 11,000 Shares of Stock

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) CEO Phong Le bought 11,000 shares of the stock in a transaction on Monday, June 22nd. The shares were bought at an average price of $90.80 per share, for a total transaction of $998,800.00. Following the purchase, the chief executive officer directly owned 11,000 shares in the company, valued at approximately $998,800. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Phong Le also recently made the following trade(s):

• On Tuesday, June 9th, Phong Le sold 5,522 shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. The stock was sold at an average price of $123.84, for a total transaction of $683,844.48.
• On Friday, June 5th, Phong Le sold 93,738 shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. The shares were sold at an average price of $118.73, for a total transaction of $11,129,512.74.
• On Friday, May 22nd, Phong Le acquired 55 shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. The shares were bought at an average price of $99.41 per share, for a total transaction of $5,467.55.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Up 0.2%

STRC stock traded up $0.20 on Monday, hitting $88.79. The company had a trading volume of 3,436,784 shares, compared to its average volume of 2,709,297. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 12-month low of $82.53 and a 12-month high of $100.42. The company has a 50-day moving average of $97.66. The company has a market capitalization of $2.30 billion, a PE ratio of -19.73 and a beta of 3.25.

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

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.9583 per share. This represents a c) annualized dividend and a dividend yield of 13.0%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a positive change from Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock’s previous monthly dividend of $0.96.

Institutional Trading of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

A hedge fund recently raised its stake in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock stock. Ethos Financial Group LLC boosted its position in shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) by 198.7% in the first quarter, according to the company in 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 quarter. Ethos Financial Group LLC’s holdings in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock were worth $753,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 26.02% of the company’s stock.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

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).