King Wealth Management Group Purchases New Shares in MicroStrategy Incorporated – 8% Series A Perpetual Strike Preferred Stock $STRK

King Wealth Management Group acquired a new position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRKFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,160 shares of the company’s stock, valued at approximately $261,000.

A number of other institutional investors have also recently bought and sold shares of the business. Farther Finance Advisors LLC bought a new position in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the second quarter worth approximately $38,000. Fiduciary Alliance LLC acquired a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock during the second quarter worth approximately $269,000. Finally, Hartline Investment Corp increased its stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 559.0% during the 2nd quarter. Hartline Investment Corp now owns 69,619 shares of the company’s stock worth $8,425,000 after acquiring an additional 59,055 shares during the period.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Stock Down 4.0%

Shares of NASDAQ STRK opened at $80.86 on Friday. The business has a fifty day moving average price of $90.81 and a two-hundred day moving average price of $99.64. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a fifty-two week low of $79.25 and a fifty-two week high of $129.48.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRKGet Free Report) last released its earnings results on Tuesday, February 1st. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $131.32 million for the quarter.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $2.00 dividend. This represents a $8.00 annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend was Monday, September 15th.

Further Reading

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Institutional Ownership by Quarter for MicroStrategy Incorporated - 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK)

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