Strategy Incorporated (NASDAQ:MSTR) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Strategy Incorporated (NASDAQ:MSTR - Free Report) by 25.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 802,464 shares of the software maker's stock after purchasing an additional 162,757 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.33% of Strategy worth $232,410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MSTR. Assenagon Asset Management S.A. boosted its position in Strategy by 94.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 4,988 shares of the software maker's stock worth $1,445,000 after acquiring an additional 2,423 shares during the period. Harbor Investment Advisory LLC boosted its position in Strategy by 14.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 665 shares of the software maker's stock worth $193,000 after acquiring an additional 85 shares during the period. Koshinski Asset Management Inc. acquired a new position in Strategy during the 4th quarter worth $450,000. Ballentine Partners LLC boosted its position in Strategy by 6.5% during the 4th quarter. Ballentine Partners LLC now owns 3,322 shares of the software maker's stock worth $962,000 after acquiring an additional 202 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new position in Strategy during the 4th quarter worth $351,000. Institutional investors and hedge funds own 59.84% of the company's stock.

Strategy Stock Down 0.8%

Shares of Strategy stock opened at $399.46 on Friday. The firm has a market capitalization of $109.21 billion, a PE ratio of -70.91 and a beta of 3.79. Strategy Incorporated has a 12-month low of $102.40 and a 12-month high of $543.00. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The stock's fifty day moving average is $341.51 and its 200-day moving average is $339.06.

Strategy (NASDAQ:MSTR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The software maker reported ($16.49) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($16.47). The business had revenue of $111.07 million for the quarter, compared to analyst estimates of $116.66 million. Strategy had a negative net margin of 251.73% and a negative return on equity of 19.01%. The firm's quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.83) earnings per share.

Insider Activity at Strategy

In other Strategy news, CFO Andrew Kang sold 5,638 shares of the business's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $410.22, for a total value of $2,312,820.36. Following the transaction, the chief financial officer now owns 22,077 shares in the company, valued at $9,056,426.94. The trade was a 20.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Jeanine Montgomery sold 481 shares of the business's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $329.27, for a total value of $158,378.87. Following the completion of the transaction, the chief accounting officer now owns 7,805 shares in the company, valued at $2,569,952.35. This trade represents a 5.80% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 8,000 shares of company stock valued at $680,000 and have sold 46,836 shares valued at $16,214,791. 9.16% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. HC Wainwright assumed coverage on Strategy in a research report on Tuesday, April 29th. They set a "buy" rating and a $480.00 price target for the company. Monness Crespi & Hardt downgraded Strategy from a "neutral" rating to a "sell" rating and set a $220.00 price objective on the stock. in a research note on Tuesday, April 1st. BTIG Research reissued a "buy" rating on shares of Strategy in a research note on Wednesday, May 14th. Maxim Group boosted their price objective on Strategy from $480.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. Finally, Canaccord Genuity Group reissued a "buy" rating on shares of Strategy in a research note on Monday. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $514.42.

Strategy Profile

Strategy Incorporated, formerly known as MicroStrategy, provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers Strategy ONE, a platform that allows non-technical users to access novel and actionable insights for decision-making, and Strategy Cloud for Government, which provides always-on threat monitoring designed to meet the strict technical and regulatory standards of governments and financial institutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.