Oasis Management Co Ltd., identified as a ten percent owner of Stratus Properties Inc (NASDAQ:STRS), reported the sale of a total of 12,548 shares of Stratus common stock in two transactions executed on April 7 and April 8, 2026. The combined proceeds from the trades were approximately $378,316, with execution prices ranging from $30.0813 to $30.1724 per share.
The larger of the two transactions occurred on April 7, when Oasis Management sold 9,400 shares at $30.1724 per share. After that disposition, the filing indicates Oasis Management retained 1,119,243 shares of Stratus stock. The following day, April 8, the firm sold an additional 3,148 shares at $30.0813, reducing its reported holdings to 1,116,095 shares.
These dispositions were disclosed in a Form 4 filing submitted to the Securities and Exchange Commission. The document bears the signatures of Phillip Meyer - listed as General Counsel of Oasis Management Company Ltd. and Director of Oasis Investments II Master Fund Ltd. - and Seth Fischer.
The timing of the sale comes while STRS is trading near its 52-week high of $32.93, following a notable 46% total return over the prior six-month period. InvestingPro analysis cited in the filing notes that, at current levels, Stratus Properties appears overvalued based on its price-to-earnings ratio of 20.46 and an indicated market capitalization of $240 million.
For investors seeking more detailed valuation and company analysis, a comprehensive Pro Research Report on Stratus Properties is available through InvestingPro, which covers this company alongside more than 1,400 other U.S. equities.
Summary of the transactions
- Total shares sold: 12,548
- Total proceeds: approximately $378,316
- Transaction dates: April 7 and April 8, 2026
- Execution prices: $30.1724 and $30.0813 per share
The Form 4 disclosure provides the formal record for these insider transactions and the post-sale holdings reported by Oasis Management.