CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is Mizuho Securities Co. Ltd.’s 6th Largest Position

Mizuho Securities Co. Ltd. decreased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 20.6% in the fourth quarter, HoldingsChannel reports. The fund owned 5,000 shares of the company’s stock after selling 1,300 shares during the quarter. CrowdStrike makes up 4.6% of Mizuho Securities Co. Ltd.’s portfolio, making the stock its 6th largest position. Mizuho Securities Co. Ltd.’s holdings in CrowdStrike were worth $1,277,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in CrowdStrike by 1.0% during the third quarter. Vanguard Group Inc. now owns 14,717,715 shares of the company’s stock valued at $2,463,451,000 after acquiring an additional 150,898 shares during the last quarter. Jennison Associates LLC lifted its position in CrowdStrike by 33.2% during the fourth quarter. Jennison Associates LLC now owns 6,340,819 shares of the company’s stock valued at $1,618,938,000 after acquiring an additional 1,581,796 shares during the last quarter. Morgan Stanley raised its holdings in shares of CrowdStrike by 124.4% in the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock worth $832,516,000 after buying an additional 2,757,251 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of CrowdStrike by 17.9% in the third quarter. Ameriprise Financial Inc. now owns 2,768,332 shares of the company’s stock worth $463,482,000 after buying an additional 419,619 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of CrowdStrike by 8.6% in the third quarter. FMR LLC now owns 1,864,511 shares of the company’s stock worth $312,082,000 after buying an additional 147,757 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity

In other news, President Michael Sentonas sold 18,747 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $6,107,772.60. Following the transaction, the president now owns 382,958 shares in the company, valued at approximately $124,767,716.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, President Michael Sentonas sold 18,747 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $6,107,772.60. Following the transaction, the president now owns 382,958 shares in the company, valued at approximately $124,767,716.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $308.79, for a total value of $1,235,160.00. Following the transaction, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is currently owned by insiders.

CrowdStrike Trading Up 3.6 %

CRWD stock traded up $10.50 during trading on Tuesday, reaching $299.65. 2,587,367 shares of the stock were exchanged, compared to its average volume of 3,591,247. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average price of $316.62 and a 200-day moving average price of $266.85. CrowdStrike Holdings, Inc. has a 1 year low of $115.67 and a 1 year high of $365.00. The firm has a market capitalization of $72.48 billion, a price-to-earnings ratio of 832.38, a P/E/G ratio of 11.30 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The company had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. On average, research analysts predict that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on CRWD. Jefferies Financial Group increased their price objective on shares of CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Scotiabank increased their price objective on shares of CrowdStrike from $320.00 to $400.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, March 6th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Wednesday, January 17th. Truist Financial increased their price objective on shares of CrowdStrike from $350.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Finally, Oppenheimer increased their price objective on shares of CrowdStrike from $300.00 to $355.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $371.87.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.