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Director James Joseph of Stratus Properties (NASDAQ: STRS) sold 5,000 shares of common stock on July 2, 2025, at a price of $18.82, for a total transaction value of $94,100. The stock, currently trading at $20.21, has shown significant momentum with an ~8% return over the past week. According to InvestingPro analysis, management has been actively buying back shares, suggesting confidence in the company’s prospects.
Following the transaction, Joseph directly owns 15,715 shares of Stratus Properties, which includes 3,730 Common Stock Restricted Stock Units. The company, with a market capitalization of $163 million, maintains strong liquidity with a current ratio of 5.9. InvestingPro offers deeper insights into insider trading patterns and 7 additional key tips for STRS investors through its comprehensive Pro Research Report.
In other recent news, Stratus Properties Inc. announced the results of its annual stockholders meeting. The company reported that William H. Armstrong III and Kate B. Henriksen were elected as Class III directors for a three-year term. Stockholders also approved the compensation of Stratus’ named executive officers and decided to hold advisory votes on executive compensation annually. Additionally, CohnReznick LLP was ratified as the independent registered public accounting firm for 2025. The meeting had a significant turnout, with 7,353,365 shares represented out of the 8,072,897 shares outstanding. For the election of directors, Armstrong and Henriksen received 4,115,917 and 4,126,835 votes in favor, respectively. The advisory approval of executive compensation saw 4,000,076 votes in favor, while the ratification of the auditor received 7,327,295 votes in support. These developments were disclosed in a recent SEC filing by Stratus Properties.
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