Oasis Management Co Ltd. Sells 1,911 Shares of Stratus Properties Inc. (NASDAQ:STRS) Stock

Stratus Properties Inc. (NASDAQ:STRS) major shareholder Oasis Management Co Ltd. sold 1,911 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $27.00, for a total transaction of $51,597.00. Following the sale, the insider now directly owns 1,141,299 shares in the company, valued at $30,815,073. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Oasis Management Co Ltd. also recently made the following trade(s):

• On Friday, August 30th, Oasis Management Co Ltd. sold 830 shares of Stratus Properties stock. The stock was sold at an average price of $27.53, for a total value of $22,849.90.

Stratus Properties Trading Down 2.7 %

NASDAQ:STRS opened at $24.36 on Thursday. The firm has a market capitalization of $196.83 million, a P/E ratio of -152.25 and a beta of 1.12. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.60. The company has a fifty day moving average of $24.74 and a 200 day moving average of $24.92. Stratus Properties Inc. has a 52 week low of $20.30 and a 52 week high of $30.66.

Stratus Properties (NASDAQ:STRS) last announced its quarterly earnings results on Tuesday, August 13th. The financial services provider reported ($0.21) EPS for the quarter. Stratus Properties had a negative return on equity of 0.30% and a negative net margin of 2.05%. The business had revenue of $8.49 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in shares of Stratus Properties by 75.4% during the first quarter. BNP Paribas Financial Markets now owns 2,853 shares of the financial services provider’s stock valued at $65,000 after acquiring an additional 1,226 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Stratus Properties by 5.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,862 shares of the financial services provider’s stock valued at $248,000 after purchasing an additional 525 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Stratus Properties by 6.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 16,888 shares of the financial services provider’s stock valued at $426,000 after purchasing an additional 997 shares in the last quarter. Tectonic Advisors LLC raised its holdings in Stratus Properties by 4.7% in the third quarter. Tectonic Advisors LLC now owns 40,973 shares of the financial services provider’s stock worth $1,065,000 after buying an additional 1,852 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Stratus Properties by 0.3% in the first quarter. Vanguard Group Inc. now owns 408,565 shares of the financial services provider’s stock worth $9,328,000 after buying an additional 1,155 shares in the last quarter. Institutional investors own 61.63% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Stratus Properties from a “hold” rating to a “sell” rating in a report on Tuesday, August 13th.

About Stratus Properties

Stratus Properties Inc, a real estate company, engages in the entitlement, development, management, leasing, and sale of multi and single family residential and commercial real estate properties in the Austin, Texas area and other select markets in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations.